Private Equity

  • September 30, 2026

    Ropes & Gray-Led Audax Clinches New Fund With $10B

    Audax Private Debt said Wednesday it has closed its third direct-lending fund with $10 billion in tow.

  • September 30, 2026

    3rd Circ. Probes Payment Recipients In Fund's $100M Tax Row

    A Third Circuit panel examined dealer-and-customer relations under accounting rules governing their transactions on Wednesday to determine whether the Internal Revenue Service was right to slap a $100 million tax bill against a Cayman Islands hedge fund for payments tied to U.S. portfolio companies.

  • September 30, 2026

    Latham-Led Stride Wraps $550M Sophomore Fund

    Stride Consumer Partners, advised by Latham & Watkins LLP, announced Wednesday that it has closed its second fund with $550 million in tow.

  • September 30, 2026

    Kirkland-Led Data Center Infrastructure Firm Prices $540M IPO

    Data center power provider Accelevation Holdings hit the public markets Wednesday after raising $540 million in its initial public offering steered by Kirkland & Ellis LLP and Simpson Thacher & Bartlett LLP.

  • September 30, 2026

    SEC Proposes Expanding Private Market Access

    The U.S. Securities and Exchange Commission on Wednesday issued proposals targeting funds and fund advisers while promising to grant more Americans access to the private markets, as part of Chairman Paul Atkins' efforts toward what he called "responsible retailization."

  • September 30, 2026

    Armstrong Teasdale Builds Chicago M&A Team With 2 Hires

    Armstrong Teasdale LLP has expanded its corporate services group's Chicago presence with a new partner from Polsinelli PC and a counsel from McDonald Hopkins LLC, the firm announced Wednesday.

  • September 29, 2026

    Del. Chancery Rejects Saama Founder's $68M Earnout Bid

    The Delaware Chancery Court has rejected a bid from Saama Technologies founder Suresh Katta for a $67.5 million earnout tied to Carlyle Group's 2021 investment in the clinical data company and ordered him to pay Saama about $7.3 million, finding that he acted in bad faith by pushing contracts that damaged the business to maximize the payout.

  • September 29, 2026

    Kirkland, Cooley Steer Transom's SoundThinking Take-Private

    California middle-market private equity firm Transom Capital Group has agreed to acquire SoundThinking Inc. for up to approximately $159 million, the public safety technology company said Tuesday. 

  • September 29, 2026

    3 Firms Build Capitolis' $200M Deal To Acquire eSecLending

    Financial technology company Capitolis on Tuesday unveiled plans to buy eSecLending from private equity shop Parthenon Capital in a $200 million all-cash deal built by three law firms.

  • September 29, 2026

    Proskauer-Led Princeton Equity Clinches $1.3B Fund

    Proskauer Rose LLP-advised private equity shop Princeton Equity Group on Tuesday announced that it has wrapped its third fund with $1.3 billion of investor commitments.

  • September 29, 2026

    Del. Chancery Freezes 32.1M Talkdesk Shares In Viking Fight

    The Delaware Chancery Court on Tuesday temporarily barred Talkdesk Inc. from disposing of roughly 32.1 million shares it received through a disputed foreclosure involving founder and CEO Tiago Paiva, while ordering expedited proceedings on a claim from investors of Viking Global that the deal violated their contractual consent rights.

  • September 29, 2026

    Oura Cites Market 'Uncertainty' In Delaying Estimated $2B IPO

    Fitness-tracking ring maker Oura on Tuesday revealed that it is delaying its planned initial public offering, citing "uncertainty in the IPO market," just a week after the company told U.S. regulators that it hoped to raise $2.1 billion in the public debut.

  • September 28, 2026

    Cannabis Distributor Says Partner Denied Its $332K Stake

    The manager of a Los Angeles cannabis cultivation facility seized an entire harvest without his business partner's permission, selling much of it until armed men raided the facility and took a significant portion of the inventory, according to a state lawsuit seeking more than $300,000 for the iced-out partner.

  • September 28, 2026

    3 Firms Lead $663.7M Lifecore Biomedical Take-Private Deal

    Lifecore Biomedical Inc. on Monday unveiled plans to become a private company after it is bought by private equity shop Webster Equity Partners in a deal valued at up to $663.7 million that was built by three law firms.

  • September 28, 2026

    Policyholders Say RICO Plot 'Pillaged' Insurer's Assets

    A private equity firm and a financial services business have been hit with civil racketeering claims by the holders of a combined $5 million in PHL Variable Insurance Co. policies, but whose benefits were capped at just $300,000 during a Connecticut state-managed rehabilitation effort.

  • September 28, 2026

    Nextdoor, Khosla Say Investor Brought De-SPAC Suit Too Late

    Nextdoor and Khosla Ventures urged the Delaware Chancery Court on Monday to dismiss a stockholder lawsuit challenging Nextdoor's de-SPAC merger as untimely, arguing the clock began running when the proxy that an investor described as misleading was issued in October 2021, while the plaintiff insisted later disclosures and tolling doctrines keep her claims alive.

  • September 28, 2026

    Lantheus Investor Asks Court To Halt 'Unfair' $8B Curium Deal

    A Lantheus Holdings Inc. investor wants a Massachusetts state judge to block its $8 billion take-private deal with fellow radiopharmaceutical company Curium in its current form, calling the deal "fundamentally unfair" to shareholders.

  • September 28, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week heard arguments over whether to dismiss a derivative suit accusing UiPath Inc. insiders of misleading investors and trading on inside information, while a Match Group Inc. stockholder sued for records concerning reports of sexual assault and other violence involving users of the company's dating apps.

  • September 28, 2026

    Broadfield, Loeb Guide $587M Aerospace SPAC Deal

    Aerospace and defense company Astro Digital US, advised by Broadfield LLP, on Monday announced plans to go public by merging with Loeb & Loeb LLP-led special purpose acquisition company Proem Acquisition Corp I in a deal that values it at a pro forma post-money enterprise value of roughly $587 million.

  • September 28, 2026

    Brixmor, Everview Team Up On $2.34B Grocery REIT Buy

    Brixmor Property Group and private investment firm Everview Partners have agreed to acquire Canadian-listed Slate Grocery REIT in a transaction valued at about $2.34 billion, the companies said Monday, with at least seven law firms advising on the deal.

  • September 28, 2026

    Cravath PE Leader Returns To Weil In NY

    Weil Gotshal & Manges LLP has announced that Cravath Swaine & Moore LLP's head of private equity is returning to the firm in New York, saying the move "comes at a time of significant investment and growth at the firm."

  • September 28, 2026

    Personal Assistant AI Biz Instinct Reaches $10B Valuation

    Artificial intelligence company Instinct on Monday revealed that its valuation soared to $10 billion after it raised $1 billion in its latest funding round.

  • September 28, 2026

    Kirkland, White & Case Lead Defense Firm's $1.25B SPAC Deal

    REDLattice and blank check company Bold Eagle Acquisition Corp. said Monday they have agreed to merge in a deal that would take the cyber intelligence company public at a $1.25 billion premoney enterprise value.

  • September 28, 2026

    CVC Ends Bodycote Pursuit As Veritas' £1.85B Offer Accepted

    CVC said Monday that it will not go ahead with its proposed takeover of Bodycote after the thermal-processing company's board backed a rival £1.85 billion ($2.5 billion) offer from Veritas.

  • September 25, 2026

    Fla. Judge Keeps Fraud Claims In Aluminum Smelter Dispute

    A Florida federal judge on Friday trimmed a counterclaim brought against a private investment fund accused of secretly trying to take over an aluminum smelting plant, but allowed the facility owners' claims alleging they were defrauded into disclosing confidential information that would be used to force an acquisition. 

Expert Analysis

  • Series

    Speed Jigsaw Puzzling Makes Me A Better Lawyer

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    My passion for speed puzzling — I can complete a 500-piece jigsaw puzzle in under 50 minutes — has sharpened my legal skills in more ways than one, with both disciplines requiring patience, precision and the ability to keep the bigger picture in mind while working through the details, says Tazia Statucki at Proskauer.

  • Opinion

    Financial Meltdown Fears Don't Warrant Private Credit Regs

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    Recent withdrawals from business development companies have resurfaced theories that private credit growth poses a crisis-level risk to the financial system, but arguments that more regulation is needed should be viewed with beady and careful eyes, says James Deeken at Akin.

  • 2 AI Snafus Show Why Attys Can't Outsource Judgment

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    The recent incident involving Sullivan & Cromwell where citations in a filed motion were fabricated by artificial intelligence, as well as a punitive ruling from the Sixth Circuit in U.S. v. Farris, demonstrate that the obligation to supervise AI has belonged and always will belong to lawyers, says John Powell at the Kentucky School Boards Association.

  • Calif. Case Raises Questions For Medical Practice Investors

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    The California attorney general's amicus brief in Art Center v. WCE and the California Medical Association's response highlight how the California appeals court's ruling could significantly affect the structure and enforceability of succession arrangements in medical practice ownership, say attorneys at Ropes & Gray.

  • Series

    Playing Magic: The Gathering Makes Me A Better Lawyer

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    The competitive card game Magic: The Gathering offers me a training ground for the strategic thinking skills crucial to litigation, challenging me to adapt to oft-updated rules, analyze text as complicated as any statute and anticipate my opponent’s next moves, says Christopher Smith at Lash Goldberg.

  • Why The Wells Process Is No Longer A One-Sided Exercise

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    The U.S. Securities and Exchange Commission's recently revamped Enforcement Manual rewrites the informational asymmetry that has defined SEC defense for decades, providing counsel with several new strategies to produce better submissions, give better advice and achieve better outcomes, says Ashwin Ram at Buchalter.

  • Improving Well-Being In Law, 10 Years After Landmark Study

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    An important 2016 study revealed significant substance abuse and mental health issues among lawyers, and while the findings helped normalize the conversation around these topics, a decade later, structural change is still needed, says Denise Robinson at PLI.

  • 8 Reasons To Consider Maryland As A 'DExit' Option

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    While Nevada and Texas have garnered the most attention as alternative states of incorporation for companies considering leaving Delaware, Maryland offers considerable benefits too, including a predictable statutory framework, robust anti-takeover protections, sophisticated business courts with decades of experience, and more, say attorneys at Miles & Stockbridge.

  • What DOL Proposal Signals For 401(k)s, Alternative Assets

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    The U.S. Department of Labor recently published a highly anticipated proposed rule that could establish more defined pathways for 401(k) plan fiduciaries to consider investment options with greater alternative asset exposure, and help fund sponsors and investment managers develop such options, say attorneys at Cleary.

  • SEC's Enforcement Slowdown May Raise Oversight Questions

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    After six months of enforcement activity, it's clear that fiscal year 2026 will see an unprecedented decline in U.S. Securities and Exchange Commission enforcement activity relative to past years, but whether the SEC will be viewed as sufficiently policing the securities markets at the end of the fiscal year is more uncertain, say attorneys at Covington.

  • Why Justices Seem Skeptical Of Curbing SEC Disgorgement

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    Sripetch v. U.S. Securities and Exchange Commission presents an opportunity for the U.S. Supreme Court to clarify the disgorgement limits it set six years ago in Liu v. SEC, with recent oral arguments suggesting the court sees disgorgement as an equitable remedy akin to unjust enrichment, say attorneys at Hueston Hennigan.

  • OFAC Signals Sanctions Diligence Can't Stop At 50% Rule

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    Recent guidance from the Office of Foreign Assets Control, along with several enforcement actions looking beyond the 50% formal ownership requirement, sends a clear message that sanctions due diligence must consider a variety of factors, including degree of control, practice of actual dealings and the involvement of proxies, say attorneys at Jenner & Block.

  • Series

    Officiating Football Makes Me A Better Lawyer

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    Though they may seem to have little in common, officiating football has sharpened many of the same skills that define effective lawyering in management-side labor and employment: preparation, judgment, composure, credibility and ability to make difficult decisions in real time, says Josh Nadreau at Fisher Phillips.

  • Series

    Law School's Missed Lessons: How To Draft Pleadings

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    Most law school graduates step into their first jobs without ever having drafted a complaint, answer, motion or other type of pleading, but that gap can be closed by understanding the strategy embedded in every filing, writing with clarity and purpose, and seeking feedback at every step, says Eric Yakaitis at Haug Barron.

  • Mitigating Multistate Risks As California Expands Tax Reach

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    Though California's new sourcing rules and extension of the pass-through entity election have created uncertainty, practitioners should file protective returns to respect the law's ambiguity and take certain other steps to protect clients from the costs of losing a future audit, says attorney Delina Yasmeh.

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