Private Equity

  • April 20, 2026

    SEC, CFTC Propose Rules To Relax Private Fund Reporting

    The U.S. Securities and Exchange Commission on Monday proposed relaxing certain reporting requirements for hedge funds and other private fund advisers by allowing smaller firms to forego filing a disclosure used to monitor systemic risk and nixing some of its questions around volatility, event reporting and indirect exposure altogether.

  • April 20, 2026

    Kirkland-Led Cerberus Closes $2.3B Continuation Fund

    Kirkland & Ellis LLP-advised Cerberus Capital Management on Monday announced that it closed its latest single-asset continuation vehicle after securing $2.3 billion in commitments, which will allow the private equity firm to continue to own a controlling stake in critical digital infrastructure company Subsea Communications.

  • April 20, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week delivered another mix of procedural rulings, fiduciary duty disputes and deal litigation, highlighting both the court's gatekeeping role and its continued focus on stockholder rights and transactional fairness.

  • April 20, 2026

    Justices Cast Doubt On Effort To Limit SEC Disgorgement

    The U.S. Supreme Court on Monday questioned an attempt to limit the U.S. Securities and Exchange Commission's disgorgement powers, with conservative and liberal justices alike seemingly skeptical of the argument that the agency has to identify victims before it can demand the return of ill-gotten gains.

  • April 20, 2026

    Kirkland, Goodwin Guide Lilly's Potential $7B Kelonia Buy

    Kirkland & Ellis LLP-advised pharmaceutical giant Eli Lilly & Co. on Monday announced plans to acquire clinical-stage biotechnology company Kelonia Therapeutics, led by Goodwin Procter LLP, in a deal worth up to $7 billion.

  • April 20, 2026

    4 Firms Guide $1.4B Honeywell, Brady Productivity Unit Deal

    Honeywell said Monday that it has agreed to sell its productivity solutions and services business to Brady Corp. as the company nears the completion of a multiyear portfolio transformation, with four law firms advising. 

  • April 20, 2026

    Justices Won't Review Vegas Hotel Algorithmic Pricing Suit

    The U.S. Supreme Court on Monday rejected a petition seeking to revive a proposed class action accusing casino-hotel operators on the Las Vegas Strip of using software from Cendyn Group to illegally inflate room rates.

  • April 17, 2026

    'Constantly Shifting': Judge Rips Musk, OpenAI As Trial Nears

    A California federal judge Friday appeared frustrated with Elon Musk and OpenAI ahead of trial over Musk's challenge to OpenAI's conversion to a for-profit entity, criticizing the parties' "constantly shifting" positions and doubting whether she has the authority to grant the relief Musk requested.

  • April 17, 2026

    Drone Co. Aevex Joins Defense-Related IPOs, Raising $320M

    Drone-maker Aevex Corp. began trading Friday after raising $320 million in its initial public ‌offering, steered by a Kirkland & Ellis LLP team and with Latham & Watkins LLP advising the underwriters.

  • April 17, 2026

    NorthStar Inks $300M SPAC Deal As Space Debris Risk Rises

    NorthStar Earth & Space said Friday it will merge with a blank-check company in a deal valuing NorthStar at $300 million, as the Canadian company bets that increasingly congested orbits will require continuous monitoring to avoid collisions and service disruptions.

  • April 17, 2026

    Macquarie Selling Romanian Grid Network For About $825M

    Premier Energy Group said Friday it has agreed to acquire Romania-based electricity distributor Distributie Energie Oltenia, or DEO, from funds managed by Australia's Macquarie Asset Management for about €700 million ($825 million).

  • April 17, 2026

    Reed Smith Lands McDermott Fund Finance Pro In Miami

    Reed Smith LLP has added a partner in Miami from McDermott Will & Schulte LLP to bolster its capacity to advise clients about fund finance and private capital matters.

  • April 17, 2026

    Latham Leads Kailera's $625M IPO In Obesity Drug Push

    Obesity biotech Kailera Therapeutics made its public debut Friday, raising $625 million in an upsized initial public offering that represents one of the largest biotech IPOs in recent years.

  • April 17, 2026

    Taxation With Representation: Skadden, Stikeman Elliott

    In this week's Taxation With Representation, Amazon.com Inc. buys satellite communications company Globalstar Inc., waste management company GFL Environmental Inc. acquires Secure Waste Infrastructure Corp., and Standard Life PLC buys the British subsidiary of Dutch insurer Aegon.

  • April 17, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen Aston Martin file an appeal in a row with Chinese carmaker Geely over its winged logo for London black cabs, Ineos sue Ben Ainslie's America's Cup team for a £180 million ($244 million) boat, White & Case face a claim from two energy storage companies, and a golf tour company bring a claim against Saudi Arabia's sovereign wealth fund after the fund invested in its rival.

  • April 16, 2026

    Latham-Led Nuclear Power Supplier X-Energy Eyes $750M IPO

    X-Energy Inc., which develops advanced nuclear reactors and fuel technology, is looking to raise $750 million in an upcoming initial public offering guided by Latham & Watkins LLP, the company has announced.

  • April 16, 2026

    San Diego Alleges Fire Truck-Makers Attempted Monopoly

    San Diego has alleged in a federal lawsuit that fire truck manufacturers REV Group and Oshkosh Corp., along with private equity firm American Industrial Partners, orchestrated an anticompetitive scheme to consolidate the market and charge municipalities across the nation inflated prices.

  • April 16, 2026

    OpenAI, Musk OK With Bifurcated Trial And Advisory Jury

    Elon Musk, OpenAI and Microsoft agreed Thursday to a California federal judge's proposal to bifurcate the trial's liability phase from the remedies phase in a case challenging the artificial intelligence company's conversion to a for-profit entity, and that the jury for the liability phase should serve on an advisory basis.

  • April 16, 2026

    Trump Depo Bid Can't Justify Trial Delay, Fla. Judge Rules

    A Florida state court judge on Thursday declined to pause a lawsuit over taking Trump Media & Technology Group public, saying the backers of President Donald Trump's Truth Social platform haven't shown good reason to delay a July trial start date while they appeal an order denying their bid to depose the president. 

  • April 16, 2026

    International Paper To Pay $360M For Wash. Paper Mill Co.

    International Paper said Thursday that it has agreed to acquire North Pacific Paper Co., a paper manufacturer and portfolio company of One Rock Capital Partners, for $360 million. 

  • April 16, 2026

    Kirkland-Led Madison Air Prices Largest IPO Of 2026 At $2.2B

    Air ventilation and filtration company Madison Air Solutions made its public trading debut Thursday after pricing a blockbuster $2.2 billion initial public offering, marking the largest IPO of 2026 so far.

  • April 16, 2026

    Sazerac Pitches $15B Brown-Forman Buy, Plus More Rumors

    Alcoholic drink giant Sazerac has offered to acquire Jack Daniel's maker Brown-Forman for $15 billion, United Airlines CEO pitched a mega-merger with rival American Airlines to President Donald Trump, and popular pizza chains Papa John's and Pizza Hut are considering new ownership.

  • April 16, 2026

    Multi-Color Wins OK For Ch. 11 Plan Cutting $3.9B In Debt

    A New Jersey bankruptcy judge on Thursday confirmed Multi-Color Corp.'s reorganization plan less than three months after the label-maker sought Chapter 11 protection, allowing the company to slash $3.9 billion in debt and raise $889 million in new capital.

  • April 16, 2026

    4 Canadian Law Firms Steer $9.4B REIT Take-Private Deal

    Choice Properties REIT and private equity firm KingSett Capital have agreed to acquire First Capital REIT in a transaction valued at approximately $9.4 billion, including debt, in a deal steered by four Canadian law firms. 

  • April 16, 2026

    Katten Partner Rejoins Epstein Becker In DC For 3rd Time

    Epstein Becker Green LLP has rehired, for the third time, a healthcare transactional attorney who focuses his practice on guiding hospital systems, private equity-backed entities and professional practices on transactional matters and regulatory compliance.

Expert Analysis

  • Opinion

    Horizontal Stare Decisis Should Not Be Casually Discarded

    Author Photo

    Eliminating the so-called law of the circuit doctrine — as recently proposed by a Fifth Circuit judge, echoing Justice Neil Gorsuch’s concurrence in Loper Bright — would undermine public confidence in the judiciary’s independence and create costly uncertainty for litigants, says Lawrence Bluestone at Genova Burns.

  • 10 Commandments For Agentic AI Tools In The Legal Industry

    Author Photo

    Though agentic artificial intelligence has demonstrated significant promise for optimizing legal work, it presents numerous risks, so specific ethical obligations should be built into the knowledge base of every agentic AI tool used in the legal industry, says Steven Cordero at Akerman LLP.

  • Series

    Preaching Makes Me A Better Lawyer

    Author Photo

    Becoming a Gospel preacher has enhanced my success as a trial lawyer by teaching me the importance of credibility, relatability, persuasiveness and thorough preparation for my congregants, the same skills needed with judges and juries in the courtroom, says Reginald Harris at Stinson.

  • Why Digital Asset Treasuries Are Drawing Regulator Concerns

    Author Photo

    Financial regulators’ recent focus on potential insider trading and investor risk at hundreds of publicly traded digital asset treasuries may have been summoned by how quickly this rapidly expanding market responds to asset allocation decisions, as well as variations in risk disclosure practices across the sector, say attorneys at The Brattle Group.

  • SEC Penalties Trended Down In FY 2025, Offering 2026 Clues

    Author Photo

    The U.S. Securities and Exchange Commission's settled corporate penalties in fiscal year 2025 show a clear dividing line, as the largest penalties all came before Inauguration Day, a trend that may continue as the types of cases that lead to the biggest penalties seem to be no longer favored by the commissioners, say attorneys at Dentons.

  • Series

    Law School's Missed Lessons: Practicing Client-Led Litigation

    Author Photo

    New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.

  • A Close Look At The Evolving Interval Fund Space

    Author Photo

    Interval funds — closed-end registered investment companies that make periodic repurchase offers — have recently moved to the center of the conversation about retail access to private markets, spurred along by President Donald Trump's August executive order incorporating alternative assets into 401(k) plans and target date strategies, say attorneys at Simpson Thacher.

  • Series

    The Law Firm Merger Diaries: How To Build On Cultural Fit

    Author Photo

    Law firm mergers should start with people, then move to strategy: A two-level screening that puts finding a cultural fit at the pinnacle of the process can unearth shared values that are instrumental to deciding to move forward with a combination, says Matthew Madsen at Harrison.

  • Considerations When Invoking The Common-Interest Privilege

    Author Photo

    To successfully leverage the common-interest doctrine in a multiparty transaction or complex litigation, practitioners should be able to demonstrate that the parties intended for it to apply, that an underlying privilege like attorney-client has attached, and guard against disclosures that could waive privilege and defeat its purpose, say attorneys at DLA Piper.

  • Series

    The Law Firm Merger Diaries: Making The Case To Combine

    Author Photo

    When making the decision to merge, law firm leaders must factor in strategic alignment, cultural compatibility and leadership commitment in order to build a compelling case for combining firms to achieve shared goals and long-term success, says Kevin McLaughlin at UB Greensfelder.

  • Opinion

    Despite Deputy AG Remarks, DOJ Can't Sideline DC Bar

    Author Photo

    Deputy Attorney General Todd Blanche’s recent suggestion that the D.C. Bar would be prevented from reviewing misconduct complaints about U.S. Department of Justice attorneys runs contrary to federal statutes, local rules and decades of case law, and sends the troubling message that federal prosecutors are subject to different rules, say attorneys at HWG.

  • From Bank Loans To Private Credit: Tips For Making The Shift

    Author Photo

    The relationship between private credit and syndicated bank deals will evolve as the private market continues to grow, introducing new challenges for borrowers comparing financing options, particularly pertaining to loan documentation and working capital, say attorneys at Haynes Boone.

  • Rule Amendments Pave Path For A Privilege Claim 'Offensive'

    Author Photo

    Litigators should consider leveraging forthcoming amendments to the Federal Rules of Civil Procedure, which will require early negotiations of privilege-related discovery claims, by taking an offensive posture toward privilege logs at the outset of discovery, says David Ben-Meir at Ben-Meir Law.

  • Series

    My Miniature Livestock Farm Makes Me A Better Lawyer

    Author Photo

    Raising miniature livestock on my farm, where I am fully present with the animals, is an almost meditative time that allows me to return to work invigorated, ready to juggle numerous responsibilities and motivated to tackle hard issues in new ways, says Ted Kobus at BakerHostetler.

  • Litigation Funding Could Create Ethics Issues For Attorneys

    Author Photo

    A litigation investor’s recent complaint claiming a New York mass torts lawyer effectively ran a Ponzi scheme illustrates how litigation funding arrangements can subject attorneys to legal ethics dilemmas and potential liability, so engagement letters must have very clear terms, says Matthew Feinberg at Goldberg Segalla.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Private Equity archive.