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Private Equity

  • April 25, 2025

    Taxation With Representation: Dechert, Brown Rudnick

    In this week's Taxation With Representation, Boeing sells parts of its digital aviation solutions business to Thoma Bravo, Baker Tilly and Moss Adams join forces, Mobico sells its U.S. school bus business to I Squared Capital, and Apollo commits to a joint venture with Bullrock Energy Ventures.

  • April 25, 2025

    Fried Frank Guides StepStone On $705M Fund Close

    StepStone Group said on Friday it has raised $705 million for its fourth growth equity fund, part of its strategy targeting high-growth companies outside traditional venture capital, with legal guidance from Fried Frank Harris Shriver & Jacobson LLP.

  • April 25, 2025

    Slaughter And May Leads Coach Biz's $600M US Unit Sale

    Public transport operator Mobico Group PLC said Friday it has agreed to sell its U.S. school bus business to I Squared Capital, a private equity firm that specializes in infrastructure, in a transaction worth up to $608 million.

  • April 24, 2025

    Investor Sues To Halt 'Cheap' VC Buyout Of Fla. Health Co.

    A Florida health business investor sued its founder, its CEO, a venture capitalist firm and others over negligent misrepresentation in connection to a proposed buyout, alleging a proxy statement omitted conflicts of interest and included deceptive financial data in order to justify the company's "cheap" acquisition.

  • April 24, 2025

    Ex-OpenAI Workers, Nobel Laureates Back Musk OpenAI Fight

    A group of former OpenAI employees and artificial intelligence experts, including some Nobel laureates, have urged the California and Delaware attorneys general to block OpenAI's move to take the company private, arguing that the attorneys general "have both the authority and duty to protect OpenAI's charitable trust and purpose."

  • April 24, 2025

    2 SPACs Join Recovering Market With $461M In New Capital

    Two special purpose acquisition companies raised $461 million combined through initial public offerings in the past two days in order to pursue mergers targeting several industries, represented by three law firms, extending an uptick in SPAC offerings despite broader market volatility.

  • April 24, 2025

    Pardon Me? Why Offers To Secure Clemency Might Be A Scam

    Some white collar lawyers and consultants say their clients are increasingly being solicited by potential scammers with promises to leverage supposed White House connections to secure pardons and other forms of clemency in exchange for big fees.

  • April 24, 2025

    DOJ Probing Disney-FuboTV Deal, And Other Rumors

    The DOJ is investigating Disney's proposed FuboTV acquisition, Merck is close to a $3.5 billion deal for SpringWorks, and U.S. investor James Cameron offered $5 billion for a Luxembourg-based mining enterprise. Here, ¼«ËÙÈü³µ breaks down these and other notable deal rumors from the last week.

  • April 24, 2025

    Ex-EY, PwC Execs' New Venture Backed By $300M PE Funding

    Private equity giant Warburg Pincus has agreed to plug up to $300 million into a new accounting and consulting firm led by former leaders of two of the Big Four accounting firms.

  • April 24, 2025

    Mubadala, Fortress Team Up For $1B Strategic Partnership

    Sovereign investor Mubadala Investment Company and private equity firm Fortress Investment Group on Thursday announced that they were furthering their partnership with a $1 billion investment focused on credit and special situations co-investment opportunities.

  • April 24, 2025

    Appeal Fast-Tracked In Feud Over Use Of Ex-Atty's Name

    The Second Circuit has fast-tracked an appeal by a Connecticut attorney who lost a lawsuit over his former law firm's alleged unauthorized use of his name and likeness after his firing.

  • April 24, 2025

    Proskauer Adds DC-Based Secondaries Atty From Akin

    Proskauer Rose LLP has hired a secondary transactions partner in Washington, D.C., the first attorney to focus their practice on that market in the firm's office in the nation's capital.

  • April 24, 2025

    Latham-Led LLR Clinches 7th Fund With $2.45B Committed

    Latham & Watkins LLP-advised LLR Partners on Thursday announced that it wrapped its seventh private equity fund with $2.45 billion in tow.

  • April 23, 2025

    Citron Research Founder Can't Escape SEC Fraud Suit

    The founder of trading advice website Citron Research and his investment advisory firm cannot escape the U.S. Securities and Exchange Commission's suit alleging they raked in $20 million by manipulating trading prices, a California federal judge ruled Tuesday, saying the complaint adequately alleges fraud.

  • April 23, 2025

    Tech-Focused Texas Ventures SPAC Raises $200M IPO

    Shares of special purpose acquisition company Texas Ventures Acquisition III began trading on Wednesday after the company raised $200 million in its initial public offering, with plans to seek out a merger with an industrial technology company.

  • April 23, 2025

    3 Firms Guide Launch Of $3.6B SoftBank-Backed Bitcoin Co.

    Bitcoin investment startup Twenty One Capital Inc. plans to go public by merging with a special purpose acquisition company affiliated with Cantor Fitzgerald at a $3.6 billion valuation, in a deal guided by three law firms, the parties announced on Wednesday.

  • April 23, 2025

    Apollo Plugs $220M Into Energy-Focused Joint Venture

    Private equity giant Apollo, advised by Orrick Herrington & Sutcliffe LLP, on Wednesday announced plans to commit up to $220 million into a new joint venture partnership with Brown Rudnick LLP-led Bullrock Energy Ventures.

  • April 23, 2025

    Kirkland Brings On V&E Corporate Pro In Houston

    Kirkland & Ellis LLP announced Wednesday that it has boosted its corporate practice in Houston by bringing on a partner with deep private equity experience in the energy sector who came aboard after a decade at Vinson & Elkins LLP.

  • April 23, 2025

    M&A 'Pause' Requires Nimble, Creative Dealmaking

    With deals stalling in a market defined by uncertainty, attorneys and the dealmakers they counsel are leaning on creative structures — from earnouts to partial stake sales — to keep transactions alive, according to corporate lawyers advising on major mergers and acquisitions.

  • April 23, 2025

    Sidley-Led Stonepeak Plugs $1.5B Into New Data Center Biz

    Infrastructure and real assets-focused private equity shop Stonepeak, advised by Sidley Austin LLP, revealed on Wednesday that it launched a new North American hyperscale-focused data center company with a $1.5 billion equity commitment.

  • April 22, 2025

    Fed's Buffer Plan Marks Start Of Stress Test Reform 'Journey'

    The Federal Reserve entered a new era last week with a proposal to smooth out fluctuations in a key capital requirement for big banks, making an opening move toward what industry experts see as potentially much bigger stress-testing reforms on the horizon.

  • April 22, 2025

    Majority Shareholders Sanctioned In Telecoms Control Fight

    A New York federal judge Tuesday sanctioned the majority shareholders of telecommunications infrastructure firm Continental Towers LATAM Holdings Ltd. for ignoring arbitral awards issued in a bitter, yearslong dispute over control of the company.

  • April 22, 2025

    BlackRock Funds Drop Claims In Valeant Stock Suit

    Dozens of BlackRock funds have dropped their claims in multidistrict securities litigation that accused a Bausch Health Cos. Inc. predecessor and others of a market manipulation scheme that caused a stock plummet, according to an order signed Tuesday by a New Jersey federal judge.

  • April 22, 2025

    Del. Suit Alleges Execs Eroded Value Of Texas Auto Repair Biz

    Two investors from Florida and Canada overhauled their Delaware state court derivative shareholder lawsuit alleging gross mismanagement against executives of a Texas auto repair technology business, saying a private equity firm helped them drain the company's value and prevent it from being sold in order to artificially inflate its worth.

  • April 22, 2025

    DOJ Wants Time During 9th Circ. Vegas Room Rate Arguments

    The U.S. Department of Justice has asked to participate in the Ninth Circuit argument for an appeal from Las Vegas casino-hotel guests accusing the operators of using software to inflate room rates, the first algorithmic price-fixing case to reach an appeals court.

Expert Analysis

  • Use The Right Kind Of Feedback To Help Gen Z Attorneys

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    Generation Z associates bring unique perspectives and expectations to the workplace, so it’s imperative that supervising attorneys adapt their feedback approach in order to help young lawyers learn and grow — which is good for law firms, too, says Rachael Bosch at Fringe Professional Development.

  • Opinion

    Congress Can And Must Enact A Supreme Court Ethics Code

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    As public confidence in the U.S. Supreme Court dips to historic lows following reports raising conflict of interest concerns, Congress must exercise its constitutional power to enact a mandatory and enforceable code of ethics for the high court, says Muhammad Faridi, president of the New York City Bar Association.

  • Series

    The Pop Culture Docket: Justice Lebovits On Gilbert And Sullivan

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    Characters in the 19th century comic operas of Gilbert and Sullivan break the rules of good lawyering by shamelessly throwing responsible critical thought to the wind, providing hilarious lessons for lawyers and judges on how to avoid a surfeit of traps and tribulations, say acting New York Supreme Court Justice Gerald Lebovits and law student Tara Scown.

  • HSR Amendments Intensify Merger Filing Burdens, Data Risk

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    The antitrust agencies' long-awaited changes to premerger notification rules under the Hart-Scott-Rodino Act stand to significantly increase the time and cost involved in preparing an initial HSR notification, and will require more proactive attention to data issues, says Andrew Szwez at FTI Technology.

  • State Of The States' AI Legal Ethics Landscape

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    Over the past year, several state bar associations, as well as the American Bar Association, have released guidance on the ethical use of artificial intelligence in legal practice, all of which share overarching themes and some nuanced differences, say Eric Pacifici and Kevin Henderson at SMB Law Group.

  • Making Sure Your Co. Isn't In The Next Section 13(f) Sweep

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    Enforcement actions taken against 11 institutional investment managers for alleged failures to file forms required by Section 13(f) of the Securities Exchange Act serve as a reminder that firms should carefully monitor their obligations to avoid becoming the target of the next enforcement sweep, say attorneys at Ropes & Gray.

  • 8 Childhood Lessons That Can Help You Be A Better Attorney

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    A new school year is underway, marking a fitting time for attorneys to reflect on some fundamental life lessons from early childhood that offer a framework for problems that no legal textbook can solve, say Chris Gismondi and Chris Campbell at DLA Piper.

  • Opinion

    This Election, We Need To Talk About Court Process

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    In recent decades, the U.S. Supreme Court has markedly transformed judicial processes — from summary judgment standards to notice pleadings — which has, in turn, affected individuals’ substantive rights, and we need to consider how the upcoming presidential election may continue this pattern, says Reuben Guttman at Guttman Buschner.

  • Series

    Playing Diplomacy Makes Us Better Lawyers

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    Similar to the practice of law, the rules of Diplomacy — a strategic board game set in pre-World War I Europe — are neither concise nor without ambiguity, and weekly gameplay with our colleagues has revealed the game's practical applications to our work as attorneys, say Jason Osborn and Ben Bevilacqua at Winston & Strawn.

  • Mental Health First Aid: A Brief Primer For Attorneys

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    Amid a growing body of research finding that attorneys face higher rates of mental illness than the general population, firms should consider setting up mental health first aid training programs to help lawyers assess mental health challenges in their colleagues and intervene with compassion, say psychologists Shawn Healy and Tracey Meyers.

  • 8 Issues AI Firms May Encounter As M&A Action Accelerates

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    As the AI merger climate heats up, potential complications may arise, including antitrust scrutiny, talent retention agreements, and aggressive and protective deal terms intended to compensate for lofty valuations, say Scott Schwartz and Kishan Barot at Manatt.

  • Series

    Collecting Art Makes Me A Better Lawyer

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    The therapeutic aspects of appreciating and collecting art improve my legal practice by enhancing my observation skills, empathy, creativity and cultural awareness, says attorney Michael McCready.

  • Secret Service Failures Offer Lessons For Private Sector GCs

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    The Secret Service’s problematic response to two assassination attempts against former President Donald Trump this summer provides a crash course for general counsel on how not to handle crisis communications, says Keith Nahigian at Nahigian Strategies.

  • Building US-Japan Relationships In The M&A Market

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    The prospect of U.S.-Japanese mergers and acquisitions presents stronger competition to U.S. investors in the global M&A markets, while also opening up an additional exit route for sellers looking to offload strategic assets, says Nick Wall at A&O Shearman.

  • Litigation Inspiration: Honoring Your Learned Profession

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    About 30,000 people who took the bar exam in July will learn they passed this fall, marking a fitting time for all attorneys to remember that they are members in a specialty club of learned professionals — and the more they can keep this in mind, the more benefits they will see, says Bennett Rawicki at Hilgers Graben.

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