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Private Equity

  • August 08, 2025

    Titanic Artifact Ch. 11 Sale Suit Settled For $12M

    A Florida bankruptcy judge Friday approved an $11.75 million settlement of a long-standing adversary lawsuit over the sale of artifacts from the Titanic during the bankruptcy of a company that ran popular traveling exhibits about the ship.

  • August 08, 2025

    Allbirds Faces New Del. Derivative Suit In Chancery

    Stockholders of footwear and clothing venture Allbirds Inc. launched a new Delaware Court of Chancery derivative suit Friday naming the company's key corporate figures, citing in part a now-third-amended securities action in the Northern District of California.

  • August 08, 2025

    PE Firm Peppertree Gets $300M Award In Telecoms Fight OK'd

    A New York judge is enforcing a $300.74 million damages award issued to the minority shareholders of telecommunications infrastructure firm Continental Towers LATAM Holdings Ltd. in a bitter dispute over control of the company, saying the majority shareholders had "fallen far short" of showing it should be vacated.

  • August 08, 2025

    Rising Star: Debevoise's Sheena Paul

    Sheena Paul is a Debevoise & Plimpton LLP partner in the firm's investment management group, where she focuses on regulatory and compliance matters and counsels private fund advisers — including leading Clayton Dubilier & Rice through a $26 billion fundraise — earning a spot among the fund formation law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 08, 2025

    Medical Tech Startup Heartflow's Upsized IPO Raises $317M

    Venture-backed medical technology company Heartflow Inc. began trading publicly on Friday after raising nearly $317 million in an upsized initial public offering that exceeded its initial price range, marking the latest in a wave of medtech startups to go public recently.

  • August 08, 2025

    Taxation With Representation: Latham, Alston & Bird, Orrick

    In this week's Taxation With Representation, fiber optic connector systems maker Amphenol Corp. buys CommScope's connectivity and cable solutions business, Blackstone acquires Enverus from private equity firms, investors buy a majority stake in medical device company HistoSonics Inc., and ESPN swaps an equity stake for the National Football League's NFL Network and other intellectual property.

  • August 08, 2025

    Texas Modernizes Barratry Ban To Include Online Outreach

    Texas, a state with a long history of outlawing prohibited legal services solicitation — known as barratry — has passed a bill updating its penal code to expand the definition of illegal barratry to cover new media, amid a reported rise in digital solicitation, with the amended law set to take effect on Sept. 1.

  • August 08, 2025

    Latham Steers Silver Lake On $400M Data Center Project Fund

    Private equity firm Silver Lake said Friday that it has launched a $400 million fund to build a portfolio of powered land sites with demand for data centers increasing, in a deal advised by Latham & Watkins LLP.

  • August 08, 2025

    Kirkland-Led Accel-KKR Clinches $1.9B Continuation Fund

    Kirkland & Ellis LLP-advised technology-focused investment firm Accel-KKR on Friday revealed that it wrapped its latest single-asset continuation fund after securing $1.9 billion of commitments, which will be used to extend the firm's partnership with human capital management software company isolved.

  • August 08, 2025

    Latham-Led CVC Consortium Bids €299M For Cyber Co.

    Private equity company CVC Capital Partners PLC said Friday that it is leading a consortium to acquire WithSecure with a voluntary cash tender offer that values the Finnish cybersecurity business at €299 million ($348 million).

  • August 08, 2025

    KKR Tries To Steer NHS Landlord Away From Rival £1.8B Bid

    Private equity firm KKR made a final attempt on Friday to lure healthcare property manager Assura PLC away from a planned £1.79 billion ($2.4 billion) takeover by Primary Health Properties, claiming that its own terms offer more certainty to shareholders. 

  • August 07, 2025

    Del. Court Weighs Final Leads For $13B Endeavor Stock Suit

    In a rare battle of extremes, attorneys for a single Endeavor Group investor urged a Delaware vice chancellor on Thursday to accept their suit challenging the company's $13 billion take-private deal in March over a suit filed by investment giant Icahn Enterprises LP and a multinational bank based in Sweden.

  • August 07, 2025

    Crypto Biz Ripple Snags VC-Backed Rail In $200M Deal

    Enterprise blockchain and crypto solutions company Ripple on Thursday unveiled plans to buy venture capital-backed global payments platform Rail in a $200 million deal.

  • August 07, 2025

    Fugitive Trader's Wife Can't Pause Liquidation In $67M Fraud

    The wife of a fugitive Oak Management Corp. trader cannot temporarily block a receiver's plan to liquidate frozen assets and reimburse victims who lost $67 million to her husband's fraud scheme, a Connecticut federal judge has ruled.

  • August 07, 2025

    Rising Star: Ropes & Gray's Rachel O'Brien

    Rachel O'Brien of Ropes & Gray LLP advised Hamilton Lane on its largest fundraise ever, closing with $5.6 billion in tow, and helped The Vistria Group LP clinch $3 billion in investor commitments for its largest-ever private equity fund — earning O'Brien a spot among the fund formation lawyers under age 40 honored by Law360 as Rising Stars.

  • August 07, 2025

    Trump Greenlights Private Equity, Crypto 401(k) Investing

    President Donald Trump signed an executive order Thursday that aims to make it easier for retirement plans to invest in a wider range of assets, including cryptocurrency, private equity and real estate.

  • August 07, 2025

    Investors Back Cancer Ultrasound Tech Firm At $2.25B Value

    HistoSonics Inc. said Thursday it has secured a majority stake acquisition led by its management team and backed by a syndicate of investors including K5 Global, Bezos Expeditions and Wellington Management, valuing the maker of the Edison Histotripsy System at about $2.25 billion.

  • August 07, 2025

    Space Tech-Focused Firefly's Upsized $868M IPO Takes Off

    Shares of private equity-backed space and defense technology company Firefly Aerospace began trading publicly Thursday after the company priced an upsized $868 million initial public offering, raising upwards of its already once-revised price range.

  • August 07, 2025

    OpenAI Climbs To $300B Valuation, Plus More Rumors

    Tech deals appear to be booming as OpenAI's valuation explodes to $300 billion following an $8.3 billion funding round, Nvidia and CapitalG are rumored to invest in Vast Data in a funding round that could value the artificial intelligence infrastructure provider at up to $30 billion, and AI company Cerebras eyes a $1 billion private capital fundraise.

  • August 07, 2025

    Haynes Boone Grows NY Office With Ex-Winston Strawn Atty

    Haynes Boone has added a litigator previously with Winston & Strawn LLP who once headed the Internal Revenue Service's Criminal Investigation division as chair of its financial services investigations and enforcement practice in New York, the firm has announced.

  • August 07, 2025

    NC Biz Court Bulletin: Divorce Dust-Ups And Judicial Rebukes

    Litigation in the North Carolina Business Court is heating up this summer with new complaints centered on fears a former state politician's divorce proceedings will impede his companies' operations and accusations that a climate technology company has failed to pay out a former engineer's ownership interest.

  • August 06, 2025

    Masimo Drops Founder Joe Kiani From 'Empty Voting' Suit

    Masimo Corp. has agreed to free its founder, Joe Kiani, from the medical technology company's suit alleging he manipulated a shareholder vote through an "empty voting" scheme, pointing to "the interest of judicial efficiency and economy."

  • August 06, 2025

    Wells Fargo Worker To Pay $3M To Settle ESOP Class Claims

    A Wells Fargo employee will pay $3 million to resolve claims against her in a class action alleging owners of an electrical component company and managers of its employee stock ownership plan undervalued the plan's shares when the program shut down, according to a filing in Massachusetts federal court.

  • August 06, 2025

    Presidio Petroleum Inks $660M SPAC Merger Deal

    Fort Worth, Texas-based oil and gas operator Presidio Petroleum will go public through a merger with EQV Ventures Acquisition Corp., a special purpose acquisition company sponsored by EQV Group.

  • August 06, 2025

    Rising Star: Kirkland's Suzannah Hacking

    Suzannah Hacking led the Kirkland & Ellis LLP team that advised private equity shop Berkshire Partners as it secured its largest fund ever, with $7.8 billion in investor commitments, earning her a spot among the fund formation attorneys under age 40 honored by Law360 as Rising Stars.

Expert Analysis

  • 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.

  • In 2nd Place, Va. 'Rocket Docket' Remains Old Reliable

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    The U.S. District Court for the Eastern District of Virginia was again one of the fastest civil trial courts in the nation last year, and an interview with the court’s newest judge provides insights into why it continues to soar, says Robert Tata at Hunton.

  • SEC Signals Opening For Private Fund Investment Reform

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    At SEC Speaks in late May, the U.S. Securities and Exchange Commission made clear that it's considering allowing registered funds of private funds to be offered broadly to true retail investors, meaning existing funds should review their disclosures focusing on conflicts of interest, liquidity and fees, say attorneys at Stradley Ronon.

  • How Attorneys Can Become Change Agents For Racial Equity

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    As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Law School.

  • Series

    Running Marathons Makes Me A Better Lawyer

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    After almost five years of running marathons, I’ve learned that both the race itself and the training process sharpen skills that directly translate to the practice of law, including discipline, dedication, endurance, problem-solving and mental toughness, says Lauren Meadows at Swift Currie.

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