Try our Advanced Search for more refined results
Private Equity
-
May 14, 2025
Audit Firms Agree To $46M Deal Over Alleged GPB Fraud Ties
Several auditors of GPB Capital have agreed to pay $46 million to settle claims about their alleged role in the $1.8 billion GPB Capital-Ascendant Capital fraud scheme, which allegedly victimized approximately 15,000 investors.
-
May 14, 2025
Abbott Signs Bill Codifying Immunity For Corporate Execs
Texas Gov. Greg Abbott on Wednesday signed into state law a corporate reform bill that codifies the "business judgment rule," which provides immunity for corporate directors from personal liability for company decisions.
-
May 14, 2025
Ex-Citi Exec Klein's Latest SPAC Raises Upsized $360M IPO
Special purpose acquisition company Churchill Capital Corp. X began publicly trading on Tuesday after announcing plans to raise $360 million in its initial public offering.
-
May 14, 2025
Trump's Unorthodox US Atty Picks May Face Learning Curve
While some of President Donald Trump's picks for U.S. attorney fit the typical mold — former federal prosecutors and BigLaw alums — others lack the type of court experience that can be crucial for effective office management and earning the respect of judges, experts say.
-
May 14, 2025
Venture-Backed Tech IPOs Forge Ahead As Momentum Builds
Venture-backed mobile banker Chime Financial Inc. has filed for an initial public offering, while advertising technology platform MNTN Inc. unveiled a price range on an estimated $176 million listing, marking the latest developments this week to bolster the IPO pipeline.
-
May 14, 2025
SEC To Have 'Sympathetic Ear' On Penalty Talks, Official Says
The U.S. Securities and Exchange Commission's deputy enforcement director told an audience of financial professionals on Wednesday that they can expect a "more sympathetic ear" from the now Republican-led commission when it comes to arguing down penalties, saying that it's possible that some cooperative firms will not have to hire an outside compliance consultant.
-
May 14, 2025
SaaS-Focused PE Firm Raises $390M For Second Fund
San Francisco-based private equity firm Nexa Equity, advised by Kirkland & Ellis LLP, on Wednesday revealed that it closed its second fund with more than $390 million in commitments.
-
May 14, 2025
Kayne Anderson Secures $2.25B For 3rd Energy Fund
Alternative investment manager Kayne Anderson has closed its third energy income fund above target with $2.25 billion in total commitments.
-
May 14, 2025
Biotech Firm Verax Tells Court Eviction Could End Company
Biotech company Verax Biomedical Inc. has said it faces the prospect of going out of business unless a Massachusetts judge agrees to block its landlord from proceeding with an eviction, at least through the end of its current lease.
-
May 14, 2025
Skadden-Led Crypto Platform EToro Prices Upsized $620M IPO
Crypto-friendly trading platform eToro Group Ltd. soared in debut trading Wednesday after it priced an upsized $620 million initial public offering above its range, guided by Skadden Arps Slate Meagher & Flom LLP in an offering that enlisted four law firms total.
-
May 14, 2025
A&O Shearman Adds Ex-Schulte Roth Restructuring Atty
A&O Shearman has added a restructuring attorney previously with Schulte Roth & Zabel LLP as a partner in New York, the firm announced Wednesday.
-
May 14, 2025
Databricks Buying Cloud Database Co. Neon In $1B Deal
Databricks said Wednesday it has agreed to acquire Neon, a startup offering a serverless version of the open-source Postgres database system, in a roughly $1 billion deal, as it expands its platform to better serve developers and artificial intelligence workloads.
-
May 14, 2025
Kirkland-Led Northleaf Clinches $2.6B Infrastructure Fund
Kirkland & Ellis LLP-advised Northleaf Capital Partners has wrapped its fourth infrastructure fund above target after securing $2.6 billion of investor commitments, marking the firm's largest infrastructure fund to date.
-
May 14, 2025
Kirkland-Led Equity Firm To Buy UK Insurance Broker JMG
GTCR Inc. has said that it has penned a deal to acquire JMG Group in an acquisition the U.S. private equity firm hopes will help to drive the broker's expansion across the British insurance market.
-
May 13, 2025
Pot Payment Co. Wants Court To Enforce $1.3M Deal
A Boulder, Colorado, fintech company said its former business associates in a failed joint venture to create a cannabis payment system cannot be trusted to pay the $1.3 million settlement meant to end all claims of fraud, urging a Nevada federal court to step in and force them to follow through.
-
May 13, 2025
Latham-Led Physical Therapy Startup Primes $410M IPO
Venture capital-backed physical therapy startup Hinge Health Inc. on Tuesday unveiled a price range on an estimated $410 million initial public offering, represented by Latham & Watkins LLP and underwriters' counsel Davis Polk & Wardwell LLP, hoping to capitalize on an IPO rebound.
-
May 13, 2025
Investment Firm Drops 2 Counts From $70M Client Poach Suit
Connecticut investment firm TJT Capital Group LLC has agreed to drop a Computer Fraud and Abuse Act count and a common-law trade secrets misappropriation claim from a lawsuit accusing a chief compliance officer of taking $70 million in assets under management with him when he left for a new job.
-
May 13, 2025
SEC's Uyeda Encourages Opening 401(k)s To Private Assets
U.S. Securities and Exchange Commissioner Mark Uyeda said Tuesday that regulators should explore how retirement accounts could expand to include private equity investments, arguing that such a shift would put 401(k) plans on par with pension funds.
-
May 13, 2025
Kirkland-Led Denali Growth Partners Raises $400M Fund
Kirkland & Ellis LLP-advised Denali Growth Partners on Tuesday announced that it closed its second fund with $400 million of limited partner commitments.
-
May 13, 2025
4 Firms Build Robinhood's $178.9M Canadian Crypto Buy
Financial services giant Robinhood on Tuesday unveiled plans to acquire Canadian cryptocurrency platform WonderFi Technologies in a CA$250 million ($179 million) take-private deal built by four law firms.
-
May 13, 2025
Latham-Led VMG Nets $1B For 6th Consumer Fund
Latham & Watkins LLP-advised growth equity firm VMG Partners on Tuesday revealed it had clinched its sixth consumer fund after securing $1 billion in investor commitments.
-
May 13, 2025
Peugeot Invests $125M In Insurance Broker BroadStreet
The company that represents the interests of French industrial dynasty Peugeot said Tuesday that it plans to plow $125 million into U.S. insurance brokerage BroadStreet as it moves to diversify its investments away from the automobile sector.
-
May 13, 2025
Latham Helps Partners Group Invest $400M In Digital Platform
Swiss private equity firm Partners Group said Tuesday that it will invest $400 million in Digital Halo, a data center platform based in Singapore, in a move to add to its $4 billion portfolio in the booming sector.
-
May 12, 2025
Coinbase Inks $2.25M Deal In Dogecoin Sweepstakes Suit
Coinbase Inc. and promoter Marden-Kane have agreed to pay $2.25 million to put to rest a proposed class action over a Dogecoin cryptocurrency sweepstakes, a deal that follows a trip to the U.S. Supreme Court, according to a motion filed in California federal court Friday.
-
May 12, 2025
Eric Trump-Backed Crypto Miner Merges With Gryphon Digital
A new bitcoin miner backed by President Donald Trump's two eldest sons said Monday that it will go public through an all-stock merger with Gryphon Digital Mining Inc. and will list on the Nasdaq under the ticker symbol ABTC.
Expert Analysis
-
Mentorship Resolutions For The New Year
Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.
-
PE Strategies To Manage Adjacent Portfolio Firm Conflicts
A variety of tools can mitigate potential risk for a private equity director sitting on the board of directors of multiple companies, including the disclosure of potential conflicts in fundraising documents to help mitigate risk under the securities laws, says Michael Kendall at Goodwin.
-
Series
Coaching Little League Makes Me A Better Lawyer
While coaching poorly played Little League Baseball early in the morning doesn't sound like a good time, I love it — and the experience has taught me valuable lessons about imperfection, compassion and acceptance that have helped me grow as a person and as a lawyer, says Alex Barnett at DiCello Levitt.
-
5 Litigation Funding Trends To Note In 2025
Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.
-
The Blueprint For A National Bitcoin Reserve
The new administration has the opportunity to pave the way for a U.S.-backed crypto reserve, which could conceptually function as a strategic asset akin to traditional reserves like gold markets, hedge against economic instability, and influence global crypto adoption, say attorneys at Duane Morris.
-
Rethinking Litigation Risk And What It Really Means To Win
Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.
-
Takeaways From SEC's Registered Investment Cos. Risk Alert
The U.S. Securities and Exchange Commission's Division of Examinations' recent risk alert pertaining to registered investment companies provides a high-level overview of its risk-based approach to selecting RICs for examination — a potential hint that the division is investigating some of the covered topics, say attorneys at Simpson Thacher.
-
Calif. Justices' Options In Insurance Exhaustion Case
Fox Paine v. Twin City Fire Insurance may serve as the California Supreme Court's opportunity to firmly establish precedent with respect to a strict adherence to excess insurance policies' exhaustion provisions when the language is clear and explicit, says Aiden Spencer at Langsam Stevens.
-
Series
Playing Rugby Makes Me A Better Lawyer
My experience playing rugby, including a near-fatal accident, has influenced my legal practice on a professional, organizational and personal level by showing me the importance of maintaining empathy, fostering team empowerment and embracing the art of preparation, says James Gillenwater at Greenberg Traurig.
-
Opinion
No, Litigation Funders Are Not 'Fleeing' The District Of Del.
A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the decline in filings, say Will Freeman and Sarah Tsou at Omni Bridgeway.
-
5 E-Discovery Predictions For 2025 And Beyond
In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intelligence provisions in protective orders, to the proliferation of emojis as a source of evidence in contemporary litigation, say attorneys at Littler.
-
What 2024 Tells Us About Calif. Health Transaction Reviews
Looking back at the California Office of Health Care Affordability's first year accepting notices for material healthcare transactions reveals critical lessons on what the OHCA's review process may mean for the future of covered transactions in the state, say attorneys at Ropes & Gray.
-
5 Evolving Concerns For Family Offices In 2025
Complex regulatory changes and emerging operational risks will force family offices to stay on their toes in 2025, with timely action particularly necessary to address several tax and reporting developments that may affect their investments and business operations, say attorneys at Morgan Lewis.
-
2024 Was A Banner Year For Shareholder Activism
Shareholder activism campaigns in 2024 continued at an elevated pace globally, with activist investors exploiting valuation gaps and pushing aggressively for corporate governance reforms, including the ouster of many companies' chief executives, a trend that could continue once President-elect Donald Trump takes office, say attorneys at Sidley.
-
7 Ways 2nd Trump Administration May Affect Partner Hiring
President-elect Donald Trump's return to the White House will likely have a number of downstream effects on partner hiring in the legal industry, from accelerated hiring timelines to increased vetting of prospective employees, say recruiters at Macrae.