Private Equity

  • April 01, 2026

    Ex-CFO Can't Offset $35M Restitution With Crypto, Feds Say

    Federal prosecutors took issue Wednesday with a convicted former software executive's push to reduce the amount of money he needs to pay back in his $35 million fraud case, telling a Seattle federal court that Nevin Shetty shouldn't be able to offset his restitution obligation with cryptocurrency tokens.

  • April 01, 2026

    Timber Co., State Street Win Initial Toss Of $1.5B Pension Suit

    A timber company and its independent fiduciary won dismissal of a proposed class action from pensioners who said the companies' choice of annuity provider for a $1.5 billion pension transfer put their retirements at unnecessary risk, after a Washington federal judge ruled that allegations failed to state a claim.

  • April 01, 2026

    Reps. Probe Hegseth's Attempted Investment Pre-Iran Strikes

    Democratic lawmakers have kicked off a probe into Secretary of Defense Pete Hegseth's purported attempt to place a multimillion-dollar investment in a BlackRock fund specializing in defense industry companies just weeks before the U.S. military conducted airstrikes in Iran.

  • April 01, 2026

    Monthly Merger Review Snapshot

    The Justice Department allowed Live Nation to keep Ticketmaster while state attorneys general continue to sue, a $14 billion Boston Scientific deal drew Federal Trade Commission scrutiny, state enforcers challenged Nexstar's purchase of Tegna, and a threatened FTC challenge forced the abandonment of a laser eye surgery deal.

  • April 01, 2026

    Paul Weiss-Led OceanSound Nets $3.4B For 3rd Fund

    Paul Weiss Rifkind Wharton & Garrison LLP-advised OceanSound Partners on Wednesday revealed that it clinched its third fund and related co-investment vehicles, with $3.4 billion in tow to invest across the aerospace, defense, government and highly regulated enterprise end markets.

  • April 01, 2026

    AI Analytics Co. 9fin Raises $170M Series C At $1.3B Valuation

    9fin, an analytics platform using artificial intelligence for debt capital markets, announced on Tuesday the raising of $170 million in Series C funding at a $1.3 billion valuation.

  • April 01, 2026

    Fortress Buys Bankruptcy Services Provider Omni

    Investment management firm Fortress has acquired bankruptcy claims and noticing agent Omni, the two companies have announced.

  • April 01, 2026

    Intel Paying $14.2B To Buy Apollo's Stake In Irish Chip Plant

    Intel Corp. said Wednesday that it has agreed to pay $14.2 billion to repurchase from Apollo a 49% equity interest in the companies' joint venture at the Fab 34 chip manufacturing plant in Ireland, in a deal steered by three law firms. 

  • March 31, 2026

    Del. Chancery Tosses B. Riley Investor Loss Suit

    The Delaware Chancery Court dismissed a stockholder derivative lawsuit accusing B. Riley Financial Inc. insiders and directors of breaching their fiduciary duties over hundreds of millions of dollars in losses tied to the failed Franchise Group investment, ruling that the claims amounted to an impermissible hindsight critique of a risky business decision.

  • March 31, 2026

    Anesthesia Parent Can't Duck Antitrust Suit, But Affiliate Can

    The parent company of U.S. Anesthesia Partners Inc. remains in the crosshairs of a private antitrust suit accusing it of trying to monopolize Texas anesthesia services, while a federal judge dismissed for now claims against an affiliate that he said was too far removed from the alleged rollup strategy.

  • March 31, 2026

    DOL's Push To Curb 401(k) Suits Could Face Court Challenges

    The U.S. Department of Labor's recent proposal to give retirement plan fiduciaries legal cover to select a broader range of investments aims to reduce ERISA litigation, but attorneys on both sides of the bar say they expect the rule to face legal challenges if finalized as proposed.

  • March 31, 2026

    Goodwin-Led Whoop Raises $575M At $10B Valuation

    Wearable technology company Whoop Inc. announced Tuesday that it hit a $10.1 billion valuation after wrapping its latest funding round led by Goodwin Procter LLP, securing $575 million in investor commitments.

  • March 31, 2026

    Auto Platform Carvix To Go Public Via $1B SPAC Merger

    Technology-driven automotive platform Carvix Inc. on Tuesday unveiled plans to go public by merging with special purpose acquisition company Crown Reserve Acquisition Corp. I in a deal that values it at an implied enterprise value of $1 billion and was built by three law firms.

  • March 31, 2026

    Debevoise-Led StepStone Clinches $3.1B Vehicle

    Debevoise & Plimpton LLP-advised private markets investment shop StepStone Group on Tuesday revealed that it closed its structured solutions vehicle with $3.1 billion in tow, which will be used to invest primarily in private market secondaries.

  • March 31, 2026

    Engineering Co. Executives, Board Prevail In ESOP Fight

    Executives and board members at a mechanical engineering company defeated a class action claiming top brass were illegally compensated for helping refinance an employee stock ownership plan, with a Georgia federal judge ruling that workers hadn't shown that management concealed the shares they owned.

  • March 31, 2026

    Kirkland Advises Digital Realty On $3.25B Data Center Fund

    Data center platform Digital Realty said it has closed its first U.S. hyperscale data center fund with $3.25 billion in equity commitments with Kirkland & Ellis LLP advising.

  • March 30, 2026

    Blumenthal Questions SEC Over Crypto Cases, Ryan Exit

    U.S. Sen. Richard Blumenthal is demanding answers from U.S. Securities and Exchange Commission Chairman Paul Atkins about the sudden resignation of the regulator's enforcement director and whether her departure was related to cryptocurrency cases, including one touching on the Trump family's ventures.

  • March 30, 2026

    Data Center Satellite Co. Hits $1.1B Valuation In Series A Round

    A company that develops data centers in space said Monday that it has raised $170 million in its Series A fundraising round, becoming a unicorn startup with a $1.1 billion overall valuation.

  • March 30, 2026

    $2.5B Stock Deal Shorting Claims Receive Class Treatment

    An Illinois federal judge has decided to give class treatment to a West Monroe Partners employee's claim that the consulting firm shortchanged workers by at least $50 million when it bought up their stock.

  • March 30, 2026

    FTC Says Anesthesia Group Cheered While Raising Prices

    The Federal Trade Commission pushed back against a bid from U.S. Anesthesia Partners to avoid facing trial on claims that it monopolized the market through a rollup strategy, saying the company celebrated its ability to dramatically increase prices.

  • March 30, 2026

    Inflexion Secures €4.5B For 7th European Buyout Fund

    Private equity shop Inflexion on Monday announced that it closed its seventh buyout fund above target at its hard cap of €4.5 billion ($5.2 billion).

  • March 30, 2026

    Cleary-Led Blackstone Wraps Record $6.3B Life Sci Fund

    Private equity giant Blackstone, led by Cleary Gottlieb Steen & Hamilton LLP, revealed Monday that it wrapped its sixth life sciences fund after securing $6.3 billion of capital commitments, marking what the firm says is the largest private life sciences fund ever raised.

  • March 30, 2026

    DOL Rule Would Expand Alternatives In Retirement Plans

    The U.S. Department of Labor unveiled a proposal Monday to expand access to alternative investments, like private equity and digital assets, in retirement plans by establishing a safe harbor process for fiduciaries to follow when deciding where retirees' savings go.

  • March 30, 2026

    5 Firms Advise On $29B Sysco, Jetro Restaurant Depot Deal

    Wholesale restaurant food distributor Sysco said Monday it has agreed to acquire Jetro Restaurant Depot at a total enterprise value of approximately $29.1 billion, in a deal steered by at least five law firms. 

  • March 30, 2026

    Permanent TSB Being Circled By Lone Star, Centerbridge

    Permanent TSB confirmed on Monday that private equity houses Lone Star and Centerbridge have shown interest in a takeover after the government-owned Irish lender put itself up for sale in October.

Expert Analysis

  • How Hyperlinks Are Changing E-Discovery Responsibilities

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    A recent e-discovery dispute over hyperlinked data in Hubbard v. Crow shows how courts have increasingly broadened the definition of control to account for cloud-based evidence, and why organizations must rethink preservation practices to avoid spoliation risks, says Bree Murphy at Exterro.

  • State False Claims Acts Can Help Curb Opioid Fund Fraud

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    State versions of the federal False Claims Act can play an important role in policing the misuse of opioid settlement funds, taking a cue from the U.S. Department of Justice’s handling of federal fraud cases involving pandemic relief funds, says Kenneth Levine at Stone & Magnanini.

  • Revamped Opportunity Zones Can Aid Clean Energy Projects

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    The Qualified Opportunity Zone program, introduced in 2017 and reshaped in the One Big Beautiful Bill Act, offers investors federal tax incentives for development in low-income communities — incentives that are especially meaningful for clean energy projects, where capital-intensive infrastructure and long-term planning are essential, say attorneys at Dentons.

  • Atkins-Led SEC Continues Focus On Private Funds

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    Since the change in administration, there has overall been a more accommodative regulatory stance toward private funds, but a recent enforcement action suggests that the U.S. Securities and Exchange Commission is not backing off from enforcement in the space completely, say attorneys at Simpson Thacher.

  • Series

    Writing Musicals Makes Me A Better Lawyer

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    My experiences with writing musicals and practicing law have shown that the building blocks for both endeavors are one and the same, because drama is necessary for the law to exist, says Addison O’Donnell at LOIS Law.

  • Series

    Adapting To Private Practice: From Va. AUSA To Mid-Law

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    Returning to the firm where I began my career after seven years as an assistant U.S. attorney in Virginia has been complex, nuanced and rewarding, and I’ve learned that the pursuit of justice remains the constant, even as the mindset and client change, says Kristin Johnson at Woods Rogers.

  • 7 Document Review Concepts New Attorneys Need To Know

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    For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke.

  • Agentic AI Puts A New Twist On Attorney Ethics Obligations

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    As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.

  • Sweeping US Tax And Spending Bill May Bolster PE Returns

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    The One Big Beautiful Bill Act stands to benefit private equity sponsors and their investors as it alters existing law, including at the portfolio company level, making it crucial to reevaluate historic tax planning and optimize for the new tax regime, say attorneys at Paul Hastings.

  • Series

    Being A Professional Wrestler Makes Me A Better Lawyer

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    Pursuing my childhood dream of being a professional wrestler has taught me important legal career lessons about communication, adaptability, oral advocacy and professionalism, says Christopher Freiberg at Midwest Disability.

  • SEC Rulemaking Radar: The Debut Of Atkins' 'New Day'

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    The U.S. Securities and Exchange Commission's regulatory flex agenda, published last week, demonstrates a clear return to appropriately tailored and mission-focused rulemaking, with potential new rules applicable to brokers, exchanges and trading, among others, say attorneys at Goodwin.

  • Series

    Law School's Missed Lessons: Adapting To The Age Of AI

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    Though law school may not have specifically taught us how to use generative artificial intelligence to help with our daily legal tasks, it did provide us the mental building blocks necessary for adapting to this new technology — and the judgment to discern what shouldn’t be automated, says Pamela Dorian at Cozen O'Connor.

  • Ch. 11 Ruling Voiding $2M Litigation Funding Sends A Warning

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    A recent Texas bankruptcy court decision that a postconfirmation litigation trust has no obligations to repay a completely drawn down $2 million litigation funding agreement serves as a warning for estate administrators and funders to properly disclose the intended financing, say attorneys at Kleinberg Kaplan.

  • What To Expect As Trump's 401(k) Order Materializes

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    Following the Trump administration’s recent executive order on 401(k) plan investments in alternative assets like cryptocurrencies and real estate, the U.S. Department of Labor and the U.S. Securities and Exchange Commission will need to answer several outstanding questions before any regulatory changes are implemented, say attorneys at Cleary.

  • Demystifying The Civil Procedure Rules Amendment Process

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    Every year, an advisory committee receives dozens of proposals to amend the Federal Rules of Civil Procedure, most of which are never adopted — but a few pointers can help maximize the likelihood that an amendment will be adopted, says Josh Gardner at DLA Piper.

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