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Private Equity
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June 10, 2025
Cloud Biz SoftwareOne To Close $1.4B Buy Of IT Consultancy
SoftwareOne said Tuesday that it has fulfilled all the closing conditions of its voluntary takeover of Crayon Group, as the Swiss cloud technology company nears completion of the deal worth an estimated $1.4 billion.
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June 10, 2025
Orrick-Led AI Time Tracking Co. Nabs $100M In Funding
Artificial intelligence time tracking company Laurel, advised by Orrick Herrington & Sutcliffe LLP, has raised $100 million in Series C funding, the company announced Tuesday.
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June 10, 2025
Clerk's Role Means Antitrust Judge Must Recuse, Court Told
Pork producer defendants involved in a major pork price-fixing case continue to push for the recusal of a Minnesota federal judge because of his clerk's connections to plaintiff-side firms, arguing the plaintiffs are running from "indisputable facts."
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June 10, 2025
SEC's Investment Management Chief Greiner To Leave Agency
U.S. Securities and Exchange Commission veteran Natasha Vij Greiner is stepping down as the director of the agency's investment management division, ending a nearly 24-year career serving the SEC in multiple roles, regulators announced Tuesday.
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June 10, 2025
Troutman Adds Porter Hedges Private Equity Duo In Houston
Troutman Pepper Locke LLP has added a pair of former Porter Hedges LLP partners to its Houston office, strengthening its private equity and investment funds practice, the firm announced Monday.
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June 10, 2025
Catching Up With Delaware's Chancery Court
Delaware's Court of Chancery showed new resistance to suits alleging corporate weaponizing of advance notice bylaws, and a new report highlighted the high fees that attorneys are cashing in on in Delaware courts compared to the federal court system. Several new suits were also filed concerning allegedly under- or overvalued sales and acquisitions being pushed through.
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June 10, 2025
Churchill Secures $1.5B For 2nd Co-Investment Fund
Investment specialist Churchill Asset Management LLC, advised by K&L Gates LLP, on Tuesday revealed that it wrapped its second co-investment fund with $1.5 billion in tow.
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June 10, 2025
Skadden Guiding Brown & Brown On $9.8B Accession Buy
Skadden Arps Slate Meagher & Flom LLP is advising Brown & Brown Inc. on a nearly $10 billion agreement to purchase Accession Risk Management Group Inc., the companies disclosed in a joint statement Tuesday.Â
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June 10, 2025
Advent To Buy Stake In Ireland's Felix Pharma For $175M
U.S. private equity shop Advent said that it plans to buy a minority stake in Irish pet medicines business Felix Pharmaceuticals for $175 million, to capitalize on growing demand for generic drugs in the animal health sector.
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June 09, 2025
Del. Justices Reverse Chancery On Insider Trade Claims
Citing lower court errors, Delaware's Supreme Court revived on Monday two counts in a Court of Chancery suit alleging that Kraft Heinz Co. insiders with ties to a Brazilian controlling investor sold $1.2 billion worth of shares based on nonpublic information.
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June 09, 2025
DOJ's KKR Suit Turning M&A 'Into A Trap,' PE Group Says
A private equity trade group is seeking to back KKR's bid to dismiss a Justice Department lawsuit seeking fines that could top $650 million for allegedly hiding key documentation and entire transactions from merger notification, arguing that enforcers are trying to create a brand new requirement for "perfect" filings.
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June 09, 2025
Bitcoin Platform Parataxis Eyes Public Listing Via SPAC Deal
Bitcoin-focused investment startup Parataxis Holdings LLC plans to go public through a merger with special purpose acquisition company SilverBox Corp IV, both parties announced Monday, marking the latest crypto-related foray into public markets.
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June 09, 2025
Chancery Tosses Suit For $7.2B Squarespace Sale Docs
Shareholders of website builder Squarespace Inc. lost a suit Monday seeking more records on events leading up to the company's $7.2 billion take-private deal with private equity giant Permira Advisors LLC, despite an acknowledged "proper purpose" for the inquiry.
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June 09, 2025
AI-Powered Cancer Diagnostics Firm Targets $400M IPO
Caris Life Sciences Inc., a developer of artificial-intelligence enhanced cancer diagnostic tests, on Monday launched plans for an estimated $400 million initial public offering, represented by Latham & Watkins LLP and underwriters counsel Cooley LLP.
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June 09, 2025
Mayer Brown Adds Banking Finance Partner In NY
A former Cadwalader Wickersham & Taft LLP counsel has moved to Mayer Brown LLP’s New York office as a banking and finance and collateralized loan obligations partner.
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June 09, 2025
3 Firms Advise $320M IPO For Fla.-Based Residential Insurer
Tampa, Florida-based residential insurer Slide Insurance announced the launch of its initial public offering on Monday, with attorneys from Skadden Arps Slate Meagher & Flom LLP, Greenberg Traurig LLP and Davis Polk & Wardwell LLP providing advice.
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June 09, 2025
Eco-Friendly Packing Firm Broadway Signs SPAC Merger
Packaging company Broadway Technology Inc. has announced plans to go public via a merger with special purpose acquisition company Quartzsea Acquisition Corp. in a deal that was built by six law firms and will result in a combined company that trades on the Nasdaq.
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June 09, 2025
KKR Leads $500M In Debt Financing For HarbourView
Entertainment and sports alternative asset management company HarbourView Equity Partners has closed on $500 million in debt financing from investors managed by KKR and backed by private securitization, according to a Monday statement.
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June 09, 2025
Simpson Thacher Mourns Chair, Pioneering Dealmaker Beattie
Richard "Dick" Beattie, the senior chairman of Simpson Thacher & Bartlett LLP whose pioneering deal work helped cement private equity's place in mergers and acquisitions, died on Friday at 86, the firm announced.
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June 09, 2025
Precision Tools Co. Spectris To Back £3.7B Advent PE Bid
Spectris, a British manufacturer of high-tech instruments, said Monday that it would probably back a proposed £3.7 billion ($5 billion) takeover offer from U.S. private equity company Advent International Corp., a deal in which the company would withdraw its listing from the London Stock Exchange.
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June 09, 2025
A&O Shearman-Led L'Oréal To Buy Majority Stake In Medik8
L'Oréal SA said Monday that it has agreed to acquire a majority stake in British premium skincare brand Medik8 from European private equity firm Inflexion as the cosmetics giant seeks to expand its top-end brand Luxe.
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June 09, 2025
Paul Hastings Adds A&O Shearman Private Equity Duo
Paul Hastings LLP announced the addition of a private equity duo from A&O Shearman to bolster the firm's practice and offerings in the upper-middle market and beyond.
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June 06, 2025
Circle's Smash IPO Could Pave Way For More Crypto Listings
Stablecoin issuer Circle's explosive debut will likely stimulate more crypto listings and possibly jolt the broader pipeline of initial public offerings, capital markets attorneys say.
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June 06, 2025
WaPo Can't Exit Trump Media's Defamation Suit, Judge Says
The Washington Post must face Trump Media & Technology Group's suit over an article accusing it of committing securities fraud over a purported finder's fee paid to Entoro Securities to secure a loan, a Florida federal judge said Friday, ruling Trump Media's latest pleading "squarely alleges" no fee agreement existed.Â
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June 06, 2025
OpenAI, Microsoft Say Musk Hasn't Fixed RICO Claims
OpenAI and Microsoft have urged a California federal judge to again trim Elon Musk's lawsuit challenging OpenAI's now-abandoned transition to a for-profit enterprise, arguing the billionaire and his own artificial intelligence company, xAI, have not made any changes to their previously nixed claims for contract breach and fraudulent enterprise.
Expert Analysis
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So You Want To Move Your Law Practice To Canada, Eh?
Google searches for how to move to Canada have surged in the wake of the U.S. presidential election, and if you’re an attorney considering a move to the Great White North, you’ll need to understand how the practice of law differs across the border, says David Postel at Henein Hutchison.
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5 Areas Congress May Investigate After GOP Election Wins
With Republicans poised to take control of Congress in addition to the executive branch next year, private companies can expect an unprecedented uptick in congressional investigations focused on five key areas, including cryptocurrency and healthcare, say attorneys at Cahill Gordon.
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Philly's Algorithmic Rent Ban Furthers Antitrust Policy Trends
A Philadelphia bill banning the use of algorithmic software to set rent prices and manage occupancy rates is indicative of growing scrutiny of this technology, and reflects broader policy trends of adapting traditional antitrust principles to respond to new technology, say attorneys at Ballard Spahr.
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Predicting Shareholder Activism Trends In New Trump Admin
While President-elect Donald Trump has promised tax policies, deregulation and lax antitrust enforcement — which all fuel shareholder activism — a closer look at his first administration's track record suggests that his second presidency might be a mixed bag for activist investors and companies alike, say attorneys at Sidley.
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Promoting Diversity In The Selection Of ADR Neutrals
Excerpt from
Choosing neutrals from diverse backgrounds is an important step in promoting inclusion in the legal profession, and it can enhance the legitimacy and public perception of alternative dispute resolution proceedings, say attorneys at Lowenstein Sandler.
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Series
Playing Ultimate Makes Us Better Lawyers
In addition to being fun, ultimate Frisbee has improved our legal careers by emphasizing the importance of professionalism, teamwork, perseverance, enthusiasm and vulnerability, say Arunabha Bhoumik and Adam Bernstein at Regeneron.Â
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E-Discovery Quarterly: Recent Rulings On Metadata
Several recent rulings reflect the competing considerations that arise when parties dispute the form of production for electronically stored information, underscoring that counsel must carefully consider how to produce and request reasonably usable data, say attorneys at Sidley.
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The 3rd-Party Bankruptcy Release Landscape After Purdue
In its Purdue Pharma ruling prohibiting nonconsensual third-party releases, the U.S. Supreme Court did not comment on criteria to render a third-party release consensual, opening a debate in the bankruptcy courts on the permissibility of opt-out versus opt-in releases, say attorneys at Morgan Lewis.
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Parsing SEC's Emerging Trend Of Section 204A Enforcement
The U.S. Securities and Exchange Commission recently settled with Sound Point Capital Management for violating Section 204A of the Investment Advisers Act, adding to a slew of charges against investment advisers that allegedly failed to safeguard material nonpublic information, say attorneys at Cozen O'Connor.
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A Look At Grewal's Record-Breaking Legacy After SEC Exit
Gurbir Grewal resigned as director of the U.S. Securities and Exchange Commission's Division of Enforcement last month after more than three years on the job, leaving behind a legacy marked by record numbers of penalties and enforcement actions, as well as mixed results in aggressive lawsuits against major crypto players, say attorneys at Debevoise.
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Striking A Balance Between AI Use And Attorney Well-Being
As the legal industry increasingly adopts generative artificial intelligence tools to boost efficiency, leaders must note the hidden costs of increased productivity, and work to protect attorneys’ well-being while unlocking AI’s full potential, says Ed Sohn at Factor.
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Empathy In Mediation Offers A Soft Landing For Disputes
Experiencing a crash-landing on a recent flight underscored to me how much difference empathy makes in times of crisis or stress, including during mediation, says Eydith Kaufman at Alternative Resolution Centers.
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Series
Being An Artist Makes Me A Better Lawyer
My work as an artist has highlighted how using creativity and precision together — qualities that are equally essential in both art and law — not only improves outcomes, but also leads to more innovative and thoughtful work, says Sarah La Pearl at Segal McCambridge.
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How Judiciary Can Minimize AI Risks In Secondary Sources
Because courts’ standing orders on generative artificial intelligence and other safeguards do not address the risk of hallucinations in secondary source materials, the judiciary should consider enlisting legal publishers and database hosts to protect against AI-generated inaccuracies, say attorneys at Lankler Siffert & Wohl.
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How Attorneys Can Break Free From Career Enmeshment
Ambitious attorneys can sometimes experience career enmeshment — when your sense of self-worth becomes unhealthily tangled up in your legal vocation — but taking the time to discover and realign with your core personal values can help you recover your identity, says Janna Koretz at Azimuth Psychological.