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Private Equity
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									September 08, 2025
									Tracking The Copyright Fights Between Creators And AI Cos.In the three years since ChatGPT burst onto the scene, artificial intelligence developers like OpenAI, Meta and Anthropic have faced dozens of lawsuits accusing them of infringing the intellectual property of authors, artists, news organizations and the like. 
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									September 08, 2025
									Musk Can't Avoid In-Person Deposition In Severance BattleElon Musk must appear in person for a deposition in a federal benefits lawsuit by ex-Twitter executives alleging the tech mogul fired them to escape paying millions in severance, a California federal judge ruled, rejecting a remote proceedings request he based partly on threats to personal safety. 
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									September 08, 2025
									Morgan Stanley Raises $900M For Japan Real Estate FundMorgan Stanley's real estate investment arm said Monday that it has raised $900 million for a new fund to invest in Tokyo, Osaka and other major markets in Japan based on trends such as high return-to-office rates and growth in office employment. 
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									September 08, 2025
									Kirkland-Led One Equity Partners Clinches $3.25B 9th FundKirkland & Ellis LLP-advised One Equity Partners on Monday announced that it wrapped its latest and largest fund to date after securing $3.25 billion from investors. 
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									September 08, 2025
									A&O Leads PE-Backed Ingredients Maker In £157M Rival BuyFlavor and fragrance ingredients maker Natara Global Ltd. said Monday that it has agreed to acquire rival manufacturer Treatt PLC for approximately £156.6 million ($212 million) to expand its portfolio and create "a leading global ingredients platform." 
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									September 08, 2025
									Orrick Adds Tech And VC Adviser From WilmerHaleA venture capital adviser from WilmerHale became the seventh lateral partner to join the technology companies group at Orrick Herrington & Sutcliffe LLP this year, the firm announced Monday. 
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									September 05, 2025
									SEC, CFTC Set Sights On Crypto In Regulatory CollabThe U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission said Friday they are moving forward with a broad regulatory harmonization effort that they hope will encourage innovation in growing markets, and lawyers tell Law360 they expect the focus to be writing rules governing the crypto sector. 
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									September 05, 2025
									Fla. Judge Trims Trump Media SPAC Exec Hacking SuitA Florida federal judge has sent into discovery a suit alleging a board director for President Donald Trump's social media company and his associate hacked a cloud server to steal documents used to oust the former CEO of the company, finding that several computer fraud and conspiracy claims fail but allowing a breach of fiduciary duty claim to move forward. 
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									September 05, 2025
									Connecticut Court Orders New Trial In $10.4M Fraud CaseA Connecticut state judge wrongly removed two combined $10.4 million investment fraud lawsuits from a jury docket at one party's request, the Connecticut Appellate Court ruled Friday, holding that both sides had agreed to present the case to a jury and ordering a new trial. 
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									September 05, 2025
									Paris-Based SPAC Joins US Pipeline Targeting $100M ListingGreenberg Traurig LLP will lead a Paris-based blank check company's planned $100 million initial public offering targeting a diverse portfolio of U.S. companies, according to the special purpose acquisition company on Friday. 
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									September 05, 2025
									IPO Market Gears Up For Late-Year Surge In New ListingsInitial public offerings appear poised for a surge to finish the year as the uncertainty surrounding President Donald Trump's sweeping tariff actions and geopolitical tensions has subsided, with experts saying that companies are getting more comfortable hitting the public markets. 
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									September 05, 2025
									Taxation With Representation: Milbank, Wachtell, LathamIn this week's Taxation With Representation, aircraft lessor Air Lease Corp. agrees to a take-private deal, Evernorth Health Services invests billions in Shields Health Solutions, Cadence Design Systems Inc. acquires the design and engineering business of Hexagon AB, and Kraft Heinz Co. plans to split into two independent, publicly traded companies. 
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									September 05, 2025
									Pot Co. Investors Say Ex-Partner Drained Coffers For SuitsThe members of an investment firm are suing their former business partner in California state court, alleging that he misappropriated funds from the firm to defend himself in a separate suit by another business partner accusing him of fraud. 
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									September 04, 2025
									Hedge Fund Shareholders Push To Dismiss $300M Asset SuitA derivative lawsuit from shareholders who allege that leaders of an investment fund allowed an exchange of over $300 million in diversified assets for "worthless" illiquid equity considers a novel issue of Delaware law and should be dismissed without prejudice, counsel for the shareholders told the North Carolina Business Court on Thursday at a hearing. 
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									September 04, 2025
									SEC, CFPB Rulemaking Agendas Show Deregulatory PushFederal regulators overseeing the financial services sector on Thursday unveiled new rulemaking agendas that they say will return their agencies to their core missions with policies to define authority and limit compliance burdens. 
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									September 04, 2025
									Ropes & Gray Leads Carlyle Unit's $20B Secondary RaiseGuided by Ropes & Gray LLP, a unit of The Carlyle Group said Thursday it has raised $20 billion for its latest secondary fund, which has more than 325 new and existing investors who have committed capital to provide liquidity solutions. 
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									September 04, 2025
									Music Lyrics Co.'s $1B Antitrust Suit Mostly SurvivesA California federal judge largely refused to dismiss LyricFind Inc.'s $1 billion suit accusing a streaming music lyrics rival of using an exclusive deal with Warner Music to edge it out of the market, crediting claims about the importance of Warner while nixing some business interference allegations. 
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									September 04, 2025
									Returning SPAC Teams Kick Off Fresh IPOs Totaling $400MOne SPAC targeting growth-focused U.S. businesses began trading on Thursday while another focused on the natural resources and decarbonization sectors was set to begin trading Friday, with the two having raised a combined $400 million in initial public offerings. 
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									September 04, 2025
									Monthly Merger Review SnapshotThe Justice Department settled a challenge to UnitedHealth's $3.3 billion home hospice acquisition while Democrats called for a judge to reject a different government settlement and the Federal Trade Commission moved against medical technologies transactions for heart valves and device coatings. 
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									September 04, 2025
									Quantinuum Hits $10B Valuation After $600M Capital RaiseQuantum computer developer Quantinuum, advised by Freshfields LLP, on Thursday revealed that it reached a pre-money equity valuation of $10 billion following a $600 million equity raise led by industrial conglomerate Honeywell. 
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									September 04, 2025
									5 Firms Guide Rithm Capital's Crestline BuyFive firms steered real estate-focused investment firm Rithm Capital Corp.'s purchase of Crestline Management, adding and expanding the firm's private credit, insurance and reinsurance capabilities with the acquisition. 
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									September 04, 2025
									Gov't Backs Funds Against Activist Investor Before High CourtThe federal government and the U.S. Chamber of Commerce have filed amicus briefs in support of a group of investment funds that are asking the U.S. Supreme Court to constrain the rights of private parties to file lawsuits under the Investment Company Act. 
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									September 04, 2025
									Cube Highways Trust Mulls $600M IPO, Plus More RumorsIndian infrastructure investment trust Cube Highways Trust is considering a $600 million initial public offering, premium diaper brand Coterie is in talks to be acquired by consumer goods business Mammoth Brands, and European antitrust regulators have reportedly paused their investigation into ADNOC's $17.1 billion acquisition of German chemicals producer Covestro. 
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									September 04, 2025
									Shareholders Back Apax Partners' €916M Apax Global DealInvestment company Apax Global Alpha Ltd. said Thursday that its shareholders have thrown their weight behind a €916.5 million ($1.1 billion) takeover deal put forward by Apax Partners LLP, a private equity firm that it works with. 
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									September 03, 2025
									Derivative Claim Miss Dooms Chancery Squeeze-Out SuitA minority stockholder suit alleging a $15 million "sham foreclosure" of storage venture Clutter Holdings Inc. — allegedly once worth $1.2 billion — was tossed Wednesday in Delaware's Court of Chancery, in a ruling that found the claims unsupportable or derivative and ineligible for direct investor recoveries. 
Expert Analysis
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								Series Improv Makes Me A Better Lawyer  Improv keeps me grounded and connected to what matters most, including in my legal career where it has helped me to maintain a balance between being analytical, precise and professional, and creative, authentic and open-minded, says Justine Gottshall at InfoLawGroup. 
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								How BigLaw Executive Orders May Affect Smaller Firms  Because of the types of cases they take on, solo practitioners, small law firms and public interest attorneys may find themselves more dramatically affected by the collective impact of recent government action involving the legal industry than even the BigLaw firms named in the executive orders, says Reuben Guttman at Guttman Buschner. 
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								Opinion Lawsuits Shouldn't Be Shadow Assets For Foreign Capital  Third-party litigation financing amplifies inefficiencies from litigation and facilitates national exposure to foreign influence in the U.S. justice system, so full disclosure of financing arrangements should be required as a matter of institutional integrity, says Roland Eisenhuth at the American Property Casualty Insurance Association. 
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								2 Del. Rulings Reinforce Proof Needed For Records Demands  Two recent Delaware Court of Chancery decisions involving Amazon and Paramount Global illustrate the significance of the credible basis standard on books and records requests, underscoring that stockholders seeking to investigate wrongdoing must come forward with actual evidence of misconduct — not mere allegations, say attorneys at Cleary. 
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								How To Accelerate Your Post-Attorney Career Transition  Professionals seeking to transition to nonattorney careers may encounter skepticism as nontraditional candidates, but there are opportunities for thought leadership and to leverage speaking and writing to accelerate a post-attorney career transition, say Janet Falk at Falk Communications and Evgeny Efremkin at Toronto Metropolitan University. 
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								Key Takeaways From The 2025 Spring Antitrust Meeting  Leadership changes, shifting priorities and evolving enforcement tools dominated the conversation at the recent American Bar Association Spring Antitrust Meeting, as panelists explored competition policy under a second Trump administration, agency discretion under the 2023 merger guidelines and new frontiers in conduct enforcement, say attorneys at Freshfields. 
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								How Tariffs May Affect Proxy Contests This Season  While global tariffs imposed by the Trump administration will certainly chill at least some activity this proxy season, and make defending contests significantly easier, there will likely be many new activist investments once there is more economic certainty, meaning more proxy fights this fall, say attorneys at Sidley. 
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								Series Law School's Missed Lessons: Be An Indispensable Associate  While law school teaches you to research, write and think critically, it often overlooks the professional skills you will need to make yourself an essential team player when transitioning from a summer to full-time associate, say attorneys at Stinson. 
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								SEC Confidential Review Process Provides Issuers Flexibility  The U.S. Securities and Exchange Commission's recently announced enhancements to the process for confidentially submitting draft registration statements will be immediately impactful for issuers seeking to access the public capital markets, and should provide more grounds to explore and plan public offerings, say attorneys at Lowenstein Sandler. 
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								Series Birding Makes Me A Better Lawyer  Observing and documenting birds in their natural habitats fosters patience, sharpens observational skills and provides moments of pure wonder — qualities that foster personal growth and enrich my legal career, says Allison Raley at Arnall Golden. 
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								Series Adapting To Private Practice: From DOJ Leadership To BigLaw  The move from government service to private practice can feel like changing one’s identity, but as someone who has left the U.S. Department of Justice twice, I’ve learned that a successful transition requires patience, effort and the realization that the rewards of practicing law don’t come from one particular position, says Richard Donoghue at Pillsbury. 
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								Issues To Watch At ABA's Antitrust Spring Meeting  Attorneys at Freshfields consider the future of antitrust law and competition enforcement amid agency leadership changes and other emerging developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week. 
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								Law Firm Executive Orders Create A Legal Ethics Minefield  Recent executive orders targeting BigLaw firms create ethical dilemmas — and raise the specter of civil or criminal liability — for the government attorneys tasked with implementing them and for the law firms that choose to make agreements with the administration, say attorneys at Buchalter. 
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								Reviewing Calif. Push To Restrict Private Equity In Healthcare  A recent proposed bill in California aims to broaden the state's existing corporate practice of medicine restrictions, so investors must ensure that there is clear delineation between private equity investment in practice management and physicians' clinical decision-making, say attorneys at Debevoise. 
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								Firms Must Embrace Alternative Billing Models Or Fall Behind  As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market, law firms that pivot from the entrenched billable hour model to outcomes-based pricing will see a distinct competitive advantage, says attorney William Brewer.