3 Firms Advise On $9B CoreWeave Deal For Core Scientific

By Al Barbarino

Davis Polk & Wardwell LLP and Kirkland & Ellis LLP are advising CoreWeave on a new agreement to acquire Wachtell Lipton Rosen & Katz-advised Core Scientific at an implied equity value of approximately $9 billion, the companies announced Monday.

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One Rock Closes Latest Funds With Combined $3.97B

By Jade Martinez-Pogue

Private equity shop One Rock Capital Partners announced Monday that it wrapped its two latest funds after securing a combined $3.97 billion of investor commitments.

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Analysis

PE Dealmakers Best-Suited To Cut Through M&A Challenges

By Al Barbarino

In part two of this M&A market review, industry attorneys dig into how regulatory shifts are impacting the M&A landscape, from increased paperwork to continued scrutiny of tech transactions. They also outline how and why private equity has emerged as a bright spot in the market, playing an outsize role in dealmaking.

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Canadian Tungsten Producer Plans $86 Million US IPO

By Jade Martinez-Pogue

Canadian tungsten concentrate producer Almonty Industries on Monday told U.S. regulators that it plans to raise up to $86 million in its initial public offering.

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Kirkland-Led Zenyth Partners Raises $375M For Latest Fund

By Jade Martinez-Pogue

Kirkland & Ellis LLP-advised private equity shop Zenyth Partners on Monday announced that it closed its second flagship fund after securing $375 million in capital commitments, which will be used to invest in healthcare services-focused companies.

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2 SPACs Seek To Raise $210M Combined Amid Rebound

By Tom Zanki

Two special purpose acquisition companies have filed plans for initial public offerings totaling $210 million, expanding a growing pipeline of new listings, led by Asia-focused Chenghe Acquisition's third vehicle and a new entrant to the SPAC market.

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Aussie Miner Accepts Revised $150M Bid From UK Rival

By Dawood Fakhir

U.K. miner Central Asia Metals said Monday that the board of Australian rival New World Resources Ltd. has accepted its sweetened bid of approximately 230 million Australian dollars ($150 million), ditching a competing offer from a Canadian private equity firm.

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Chancery Won't Sink Investor Suit Against Gaming Co. Skillz

By Jeff Montgomery

Delaware's chancellor has rejected calls to dismiss a derivative suit accusing insiders of mobile gaming company Skillz Inc. of misleading investors about weak prospects ahead of a secondary public offering in 2021, instead ordering a summary judgment proceeding to drill down on the issue of director independence.

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Catching Up With Delaware's Chancery Court

By Katryna Perera and Jeff Montgomery

In Delaware in the past week, a vice chancellor awarded just $1 in damages to a China-tied company looking to secure a $50 million stake in SpaceX while also slamming the fund's manager for acting "insincerely," Tyson Foods won $55 million in damages in a suit claiming the owner of two poultry rendering plants Tyson acquired hid that it relied on a "disfavored" practice of recovering "unappetizing remnants of butchered chickens," and a suit over a one-site bank's 11-aircraft fleet was moved into the discovery phase.

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Grieving Texas Legal Community Steps Up After Flood Losses

By Lynn LaRowe

Texas lawyers are rallying around colleagues whose children were killed in the Guadalupe River's floodwaters last weekend, as attorneys around the Lone Star State organize widespread efforts to assist victims and hard-hit communities.

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Analysis

Trump Tariff Fights Put Spotlight On Major Questions Doctrine

By Natalie Olivo

Challenges to President Donald Trump's global tariffs have brought renewed attention to the U.S. Supreme Court's major questions doctrine, including observations that lower courts have so far inconsistently applied this approach when scrutinizing a range of agency actions.

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Calif. Bar Seeks 30-Day Suspension For Ex-Exec's Misconduct

By Emily Sawicki

The California State Bar Court has recommended a 30-day "actual" suspension for its onetime executive director, who last year was found culpable for a "significant ethical violation" in making misrepresentations to the State Bar Board of Trustees regarding his 2014 visit to Mongolia, which allegedly cost thousands of dollars in bar funds.

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'Practice Better Judgment,' Judge Tells Comscore Foe

By Bryan Koenig

A California federal judge "strongly" admonished a film distribution and data company for filing an amended monopolization complaint against Comscore on the Fourth of July, while also concluding that the filing mooted, for now, a bid to force the box office giant to continue sharing data.

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Ex-DC Prosecutors Rip Pick Of Emil Bove For 3rd Circ.

By Jake Maher

A group of former federal prosecutors in Washington, D.C., panned Emil Bove as a "dangerous" pick for the Third Circuit and criticized his record as a prosecutor as that of a loyal follower of President Donald Trump, in a letter to the Senate Judiciary Committee.

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Jackson Walker, US Trustee Have A Week To Finish Mediation

By Catherine Marfin

A Texas federal judge has given Jackson Walker LLP and the federal government's bankruptcy watchdog a week to finish mediation in a fee dispute stemming from a former bankruptcy judge's secret relationship with a former firm partner.

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Analysis

By Ivan Moreno

Two California judges were the first to deliver crucial rulings about what constitutes fair use in training generative artificial intelligence models — a question expected to test the boundaries of the copyright doctrine amid the emergence of the groundbreaking technology. Here is Law360's list of the biggest copyright decisions so far this year.

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Analysis

PE Attorneys Remain Optimistic Despite First-Half Slump

By Jade Martinez-Pogue

While many private equity attorneys predicted a booming environment heading into 2025 with President Donald Trump's incoming pro-business administration, uncertainty surrounding tariffs and antitrust regulations has been a hurdle for dealmaking and fundraising, causing an unanticipated slowdown in private equity activity.

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Trade Court Judge Sworn In As USDA Deputy Secretary

By Courtney Bubl茅

Judge Stephen A. Vaden of the U.S. Court of International Trade has resigned from his judgeship to join the U.S. Department of Agriculture as the second-in-command.

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Approach The Bench: Judge Biery Has Fun Writing

By Cara Bayles and Steven Trader

U.S. District Judge Fred Biery is now famous for the quirky written opinions he's produced during three decades as a trial judge for the Western District of Texas, but he was on the federal bench for a few years before he started to experiment in his opinion writing.

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US Supreme Court Term In Review: What You Need To Know

The U.S. Supreme Court considered many significant legal issues this term, including the proper venue for challenging agency actions and the level of scrutiny courts should apply to bans on gender-affirming care for transgender minors. But the emergency docket and a decision limiting nationwide injunctions loomed large. Here, Law360 takes a look at the cases and those who litigated them, as well as the sharpest writings from the justices.

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