Private Equity

  • November 25, 2025

    New Complaint Says Ex-Execs Turned Steward Into 'Zombie'

    Bankrupt hospital operator Steward Health has filed hundreds of millions in new claims in Texas bankruptcy court against its former CEO and other executives, including allegations that they orchestrated a sale-leaseback deal that rendered the business an insolvent "zombie."

  • November 25, 2025

    Texas Court OKs $46M Deal In GPB Capital Fraud Case

    A Texas federal court granted final approval of a deal requiring several auditors of GPB Capital to pay $46 million to end claims about their alleged role in a $1.8 billion fraud scheme at the private equity fund.

  • November 25, 2025

    Healthcare Software Founders Sue In Del. For Sale Details

    A couple who sold their healthcare software business to an interest of Elevate RCM Holdings LLC before the buyer allegedly resold it for a reported $1 billion sued for company records in Delaware's Court of Chancery late Monday, seeking documents needed to confirm the deal's fairness.

  • November 25, 2025

    Sustainability-Focused SPAC Invest Green Raises $150M

    Special purpose acquisition company Invest Green Acquisition began trading publicly on Tuesday after raising $150 million in its initial public offering built by Greenberg Traurig LLP, Mourant Ozannes (Cayman) LLP and Pillsbury Winthrop Shaw Pittman LLP.

  • November 25, 2025

    Bridgepoint Buys Majority Stake In Crypto Audit Firm

    Middle-market private equity firm Bridgepoint Group, led by Cleary Gottlieb Steen & Hamilton LLP, on Tuesday revealed plans to take a majority stake in British digital asset assurance and technology solutions provider ht.digital, led by Dentons.

  • November 25, 2025

    Katten Adds Private Credit Pro From Winston & Strawn

    Katten Muchin Rosenman LLP has added a former Winston & Strawn LLP attorney to bolster its private credit practice and capacity to advise clients about various types of financing.

  • November 25, 2025

    Cannabis Co. Says $1.5M Default In Contract Dispute Is Void

    A cannabis company is urging a Los Angeles state court to set aside a $1.5 million default judgment against it in a contract dispute, saying the judgment goes far beyond what's allowable under state law.

  • November 25, 2025

    Del. Supreme Court Backs FloSports In Records Fight

    A fight among siblings over access to corporate records ended with the Delaware Supreme Court affirming that three stockholders of sports streaming platform FloSports Inc. failed to follow the procedural steps required under the Delaware General Corporation Law.

  • November 24, 2025

    Phoenix Suns Minority Owners Lob Mismanagement Claims

    Minority owners of the NBA's Phoenix Suns on Monday filed counterclaims of mismanagement and misconduct in a Delaware Chancery Court suit brought by majority owner Mat Ishbia, alleging he has "decimated the company's finances" since purchasing the team in 2023 while refusing to disclose the terms of significant transactions.

  • November 24, 2025

    Digital-Focused SWB To Go Public Via $8.1B SPAC Merger

    Financial services firm SWB announced Monday that it plans to go public through an $8.1 billion business combination deal shepherded by teams at Sichenzia Ross Ference Carmel LLP and Ellenoff Grossman & Schole LLP, which will lay the foundation for the firm's plans to issue a stablecoin and launch a novel international bank.

  • November 24, 2025

    FTC Abandons In-House GTCR Merger Case After Court Loss

    The Federal Trade Commission formally dropped its administrative case challenging GTCR BC Holdings LLC's acquisition of a medical coatings supplier after an Illinois federal judge refused to put the deal on hold.

  • November 24, 2025

    Fried Frank Atty To Lead Fund Finance At Gibson Dunn

    Gibson Dunn & Crutcher LLP announced Monday that it has tapped a former Fried Frank Harris Shriver & Jacobson LLP attorney to serve as head of fund finance, calling him "a market leader in structuring and executing complex rated note feeder and collateralized fund obligation transactions."

  • November 24, 2025

    X-energy Raises $700M To Expand Nuclear Reactor Projects

    Nuclear reactor maker X-energy Reactor Company LLC, advised by Latham & Watkins LLP, on Monday revealed that it wrapped its latest funding round after receiving $700 million from investors.

  • November 24, 2025

    8th Circ. Won't Force Judge's Recusal In Pork Price-Fixing Case

    The Eighth Circuit has denied a mandamus petition from Agri Stats Inc. and major pork producers who are seeking a Minnesota federal judge's recusal in price-fixing litigation based on a law clerk's previous work on a related case.

  • November 24, 2025

    Smith Ventures, CommerceOne Buy Fintech Biz In $1.1B Deal

    Fintech company Green Dot Corp. on Monday announced that it has agreed to be bought by Smith Ventures and CommerceOne Financial Corp. in deals that total $1.1 billion and were built by three law firms.

  • November 24, 2025

    Revolut Clinches $75B Valuation In Latest Share Sale

    International digital bank Revolut said Monday that it has reached a valuation of $75 billion after completing a share sale which involved investors including U.S. firm Coatue Management LLC and chips behemoth Nvidia.

  • November 24, 2025

    Justices Won't Hear Dispute Over So-Called Ch. 11 Double Dip

    The U.S. Supreme Court on Monday said it will not hear arguments on whether a Texas bankruptcy judge allowed unsecured creditors to double-dip on their recoveries when he handed them control of bankrupt oil driller Sanchez Energy.

  • November 21, 2025

    Escrow Agent Accused Of $4.6M 'Insider Payoff' In NC Sale

    Stewart Title Guaranty Co. facilitated the unauthorized sale of a financially struggling luxury apartment complex and then handed a $4.6 million "insider" payout to one of the operating owners, according to a lawsuit by a real estate investment trust that claims it was cut out of the decision process.

  • November 21, 2025

    DLA Piper Adds Fenwick Emerging Growth, VC Expert In LA

    DLA Piper is boosting its corporate team, bringing in a Fenwick & West LLP venture capital ace as a partner in its Los Angeles office.

  • November 21, 2025

    MVP: Simpson Thacher's Mark Myott

    Mark Myott, a partner in Simpson Thacher & Bartlett LLP's mergers and acquisition practice, guided private equity clients through some of the most high-profile deals this past year, including Silver Lake's $13 billion take-private acquisition of the global sports and entertainment company Endeavor, earning him a spot as one of the 2025 Law360 Private Equity MVPs.

  • November 21, 2025

    Conn. Banking Chief Says Private School Fraud Topped $5.1M

    Putnam Science Academy, a private high school in Northeastern Connecticut, owes an additional investor money in what is alleged to have been an affinity fraud scheme that topped $5.1 million, according to an amended order by the state banking commissioner.

  • November 21, 2025

    BNY Mellon Cleared By Jury Of Unjust Enrichment Claim

    A New York federal jury has cleared Bank of New York Mellon of allegations of unjust enrichment from a contractor who claimed his investment valuation model had been misappropriated.

  • November 21, 2025

    SPAC Veterans Back Infinite Eagle's Filing For $300M IPO

    Infinite Eagle Acquisition, the 10th blank check company led by Jeff Sagansky and Harry Sloan, has filed plans to raise up to $300 million in its initial public offering.

  • November 21, 2025

    Hall Chadwick SPAC Begins Trading After $180M IPO

    Special purpose acquisition company Hall Chadwick Acquisition Corp. made its public debut on the Nasdaq on Friday after raising $180 million in its initial public offering built by three law firms, joining a wave of special purpose acquisition companies to go public in recent weeks.

  • November 21, 2025

    Taft Adds Ex-Perkins PE Atty To Growing Chicago Office

    Taft Stettinius & Hollister LLP announced Wednesday that its fast-growing Chicago office has gained a former Perkins Coie LLP attorney who represents private equity funds, portfolio companies and family-owned enterprises.

Expert Analysis

  • 9th Circ. Has Muddied Waters Of Article III Pleading Standard

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    District courts in the Ninth Circuit continue to apply a defunct and especially forgiving pleading standard to questions of Article III standing, and the circuit court itself has only perpetuated this confusion — making it an attractive forum for disputes that have no rightful place in federal court, say attorneys at Gibson Dunn.

  • Trump Antitrust Shift Eases Pressure On Private Equity Deals

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    Enforcement actions and statements by Trump administration antitrust officials forecast a shift away from specifically targeting private equity activity, which should be welcome news to dealmakers, but firms shouldn't expect to escape traditional antitrust scrutiny, says Nathaniel Bronstein at Fried Frank.

  • Series

    Competing In Modern Pentathlon Makes Me A Better Lawyer

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    Opening myself up to new experiences through competing in modern Olympic pentathlon has shrunk the appearance of my daily work annoyances and helps me improve my patience, manage crises better and remember that acquiring new skills requires working through your early mistakes, says attorney Mary Zoldak.

  • Series

    Law School's Missed Lessons: Teaching Yourself Legal Tech

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    New graduates often enter practice unfamiliar with even basic professional software, but budding lawyers can use on-the-job opportunities to both catch up on technological skills and explore the advanced legal and artificial intelligence tools that will open doors, says Alyssa Sones at Sheppard Mullin.

  • Navigating Potential Sources Of Tariff-Related Contract Risk

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    As the tariff landscape continues to shift, companies must anticipate potential friction points arising out of certain common contractual provisions, prepare to defend against breach claims, and respond to changing circumstances in contractual and treaty-based relationships, say attorneys at Debevoise.

  • Texas Targets Del. Primacy With Trio Of New Corporate Laws

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    Delaware has long positioned itself as the leader in attracting business formation, but a flurry of new legislation in Texas aimed at attracting businesses to the Lone Star State is aggressively trying to change that, says Andrew Oringer at the Wagner Law Group.

  • How AI May Reshape The Future Of Adjudication

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    As discussed at a recent panel at Texas A&M, artificial intelligence will not erase the human element of adjudication in the next 10 to 20 years, but it will drive efficiencies that spur private arbiters to experiment, lead public courts to evolve and force attorneys to adapt, says Christopher Seck at Squire Patton.

  • When Legal Advocacy Crosses The Line Into Incivility

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    As judges issue sanctions for courtroom incivility, and state bars advance formal discipline rules, trial lawyers must understand that the difference between zealous advocacy and unprofessionalism is not just a matter of tone; it's a marker of skill, credibility and potentially disciplinary exposure, says Nate Sabri at Perkins Coie.

  • 2 NY Rulings May Stem Foreign Co. Derivative Suits

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    In recent decades, shareholders have challenged the internal affairs doctrine by bringing a series of derivative actions in New York state court on behalf of foreign corporations, but the New York Court of Appeals' recent rulings in Ezrasons v. Rudd and Haussmann v. Baumann should slow that trend, say attorneys at Cleary.

  • Series

    Volunteering At Schools Makes Me A Better Lawyer

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    Speaking to elementary school students about the importance of college and other opportunities after high school — especially students who may not see those paths reflected in their daily lives — not only taught me the importance of giving back, but also helped to sharpen several skills essential to a successful legal practice, says Guillermo Escobedo at Constangy.

  • Attacks On Judicial Independence Tend To Manifest In 3 Ways

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    Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University.

  • A Look At Texas Corp. Law Changes Aimed At Dethroning Del.

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    Seeking to displace Delaware as the preferred locale for incorporation, Texas recently significantly amended its business code, including changes like codifying the business judgment rule, restricting books and records demands, and giving greater protections for officers and directors in interested transactions, say attorneys at Fenwick.

  • Series

    Law School's Missed Lessons: Appreciating Civil Procedure

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    If you’re like me, law school’s often complex and theoretical approach to teaching civil procedure may have contributed to an early struggle with the topic, but when seen from a practical perspective, new lawyers may find they enjoy mastering these rules, says Chloe Villagomez at Foster Garvey.

  • Calif. Bar Exam Fiasco Shows Why Attys Must Disclose AI Use

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    The recent revelation that a handful of questions from the controversial California bar exam administered in February were drafted using generative artificial intelligence demonstrates the continued importance of disclosure for attorneys who use AI tools, say attorneys at Troutman.

  • Del. Corporate Law Rework May Not Stem M&A Challenges

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    While Delaware's S.B. 21 introduced significant changes regarding controllers and conflicted transactions by limiting what counts as a controlling stake and improving safe harbors, which would seem to narrow the opportunities to challenge a transaction as conflicted, plaintiffs bringing shareholder derivative claims may merely become more resourceful in asserting them, say attorneys at Debevoise.

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