Fenwick-Led AI Startup CoreWeave Prices Reduced $1.5B IPO

By Tom Zanki

Artificial intelligence-focused startup CoreWeave Inc. on Thursday priced a downsized $1.5 billion initial public offering, represented by Fenwick & West LLP and underwriters' counsel Latham & Watkins LLP, well below its marketed range. 

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Align Capital Clinches Inaugural Collaborate Fund At $233M

By Jade Martinez-Pogue

Kirkland & Ellis LLP-led Align Capital Partners on Thursday announced that it closed its inaugural independent sponsor-focused fund after securing $233 million of investor commitments.

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CalSTRS, Mubadala Plug $215M Into Real Estate Lender

By Jade Martinez-Pogue

Alternative commercial real estate lender 3650 Capital, advised by Sidley Austin LLP, on Thursday announced that it has secured $215 million in fresh capital commitments from existing investors California State Teachers' Retirement System and Mubadala Investment Company.

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Atkins Suggests He May Open SEC's Doors To DOGE

By Jessica Corso and Jon Hill

Paul Atkins, President Donald Trump's pick to lead the U.S. Securities and Exchange Commission, on Thursday appeared to welcome the potential arrival of Elon Musk's Department of Government Efficiency at the agency, while also pushing back on suggestions that his earlier votes as a Republican commissioner exacerbated the 2008 financial crisis.

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Russian Oligarch-Linked Firm Owner Can't Shake SEC's Claim

By Katryna Perera

A New York federal judge has declined to toss claims brought by the U.S. Securities and Exchange Commission against an investment firm owner who allegedly managed a Russian oligarch's wealth in America without ever registering with the SEC as required.

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Deals Rumor Mill

Meta Gets Stiff-Armed On FuriosaAI Offer, And More Rumors

By Al Barbarino

In a bold move that underscores the growing confidence and independence of artificial intelligence startups, FuriosaAI reportedly rejected an $800 million acquisition offer from Meta. Nvidia is also on the verge of acquiring Lepton AI, and Apollo is mulling a sale of Cox Media. Here, Law360 breaks down these and other notable deal rumors from the past week.

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9th Circ. Won't Stay Injunction Compelling Fed. Worker Rehire

By Emily Brill

A split Ninth Circuit panel has refused to block an injunction compelling the Trump administration to reinstate about 16,000 probationary employees to six federal agencies, saying the administration will likely lose its argument that the agencies weren't acting on an order from above when they fired the workers.

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SEC Liquidity Rule Suit Can't Be Axed Just Yet, Judge Says

By Hailey Konnath

A New York federal judge on Thursday refused to toss the U.S. Securities and Exchange Commission's suit alleging that Pinnacle Advisors LLC exceeded its allowed allotment of illiquid investments, as the intervening Loper Bright ruling has changed the standard for evaluating agency action since the dismissal bid was filed.

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Upstart Investors Land Class Cert. In Insider Selling Suit

By Sydney Price

Shareholders who allege that tech-based lender Upstart and its executives participated in a $2.7 billion insider stock selling scheme can now proceed with their claims as a class, an Ohio federal judge determined on Thursday.

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Barretts Mediator Feinberg Blames Committee For Impasse

By Rick Archer

The mediator in the bankruptcy of talc miner Barretts Minerals Inc. has told a Texas bankruptcy court that Chapter 11 plan talks reached an impasse, saying the unsecured creditors in the case have not shown an "ability or willingness to engage."

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Massumi & Consoli Adds Kirkland Private Equity Pro In LA

By James Mills

Mergers and acquisitions boutique Massumi & Consoli LLP is expanding its team to accommodate increasing client demand, bringing in a Kirkland & Ellis LLP private equity expert.

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Tarter Krinsky Adds Ex-Buchanan Ingersoll Corporate Atty

By Kevin Penton

Tarter Krinsky & Drogin LLP has brought on a corporate attorney previously with Buchanan Ingersoll & Rooney PC as a partner in New York, the firm has announced.

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Paul Atkins' Past Speeches Offer A Glimpse Into SEC's Future

Following Paul Atkins' Thursday Senate confirmation hearing, a look at his public remarks while serving as a commissioner at the U.S. Securities and Exchange Commission between 2002 and 2008 reveals eight possible structural and procedural changes the SEC may see once he likely takes over as chair, say attorneys at Covington.

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Series

Baseball Fantasy Camp Makes Me A Better Lawyer

With six baseball fantasy experiences under my belt, I've learned time and again that I didn't make the wrong career choice, but I've also learned that baseball lessons are life lessons, and I'm a better lawyer for my time at St. Louis Cardinals fantasy camp, says Scott Felder at Wiley.

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Judges Block Trump's Jenner & Block, WilmerHale Orders

By Lauren Berg, Ali Sullivan and Alison Knezevich

Jenner & Block LLP and WilmerHale both won temporary restraining orders late Friday blocking President Donald Trump's executive orders targeting the firms, with two Washington, D.C., federal judges determining the firms have shown the orders are likely retaliation for their representation of certain clients.

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Skadden Offers $100M In Pro Bono Work To Avoid Trump Order

By Aebra Coe

Skadden Arps Slate Meagher & Flom LLP has reached a deal with President Donald Trump to avert an impending executive order that could have prevented it from taking on work connected to the federal government and its contractors, according to an announcement by the president Friday on social media platform Truth Social.

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Up Next At High Court: Terror Liability, Health Provider Choice

By Katie Buehler

The U.S. Supreme Court will return to the bench this week to consider whether a federal law subjecting Palestinian government organizations to federal jurisdiction violates due process principles and if the Medicaid Act's provider choice provision allows individual benefit recipients to sue states over the disqualification of healthcare providers. 

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Trump Grants Clemency To Ozy Media CEO Carlos Watson

By Hailey Konnath

President Donald Trump has granted clemency to former Ozy Media CEO Carlos Watson, who was facing nearly a decade in prison for lying to banks and investors to secure funding for his now-shuttered multimedia company, the White House confirmed Friday.

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Trump Pardons BitMEX Crypto Co., Four Ex-Executives

By Aislinn Keely

President Donald Trump has pardoned the business entity behind cryptocurrency exchange BitMEX and four of the firm's former executives years after they copped to Bank Secrecy Act violations and lax anti-money laundering controls, the White House confirmed Friday.

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Tubi Says Keller Postman Breached Deal In Arbitration Fight

By Emily Sawicki

The D.C. federal judge overseeing video streaming service Tubi Inc.'s tortious interference suit against Keller Postman LLC over mass arbitration claims ordered the parties on Friday to schedule a status conference for next month, in light of Tubi's claims that the firm violated an agreement.

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Ex-Paralegal Sues Ga. Personal Injury Firm Over 658 OT Hours

By Irene Spezzamonte

An Atlanta-based personal injury law firm didn't pay a former paralegal for 658 hours of overtime, and it erroneously considered her a salaried-exempt employee, according to a lawsuit filed in Georgia federal court.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Max Austin

This past week in London has seen sparkling winemaker Nyetimber hit a rival distillery with an intellectual property claim, Newcastle United's former owner Mike Ashley target the club's ex-vice president for damages tied to a fraudulent investment, and a real estate agency file a legal claim against law firm Winston & Strawn LLP. Here, Law360 looks at these and other new claims in the U.K.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

As a growing number of companies and their general counsel consider moving their incorporation out of Delaware, the state's governor has quickly signed into law a measure revising its corporation statutes, though there are still critics. And 98% of legal leaders in a recent survey said their budgets are increasing in 2025 to handle the extra work stemming from new diversity risks, tech changes and cybersecurity threats.

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Law360's Legal Lions Of The Week

By Kevin Penton

UCLA School of Law's Supreme Court Clinic and Gair Gallo Eberhard LLP head this week's list of Law360 Legal Lions, after the U.S. Supreme Court overturned a Seventh Circuit ruling that upheld the conviction of a former Chicago alderman for making false statements about loans from a defunct bank.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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