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Thursday, April 18, 2024
PPM Closes $660M Co-Investment Fund

PPM Closes $660M Co-Investment Fund

In a significant milestone, PPM America Capital Partners has successfully concluded its eighth co-investment fund, amassing an impressive $660 million in commitments. This accomplishment...
BT £1.3B Unfair Pricing Claim Ignores Case Law

BT £1.3B Unfair Pricing Claim Ignores Case Law

In a legal showdown reminiscent of a high-stakes chess match, telecom giant BT vigorously contested a £1.3 billion ($1.7 billion) class action lawsuit, alleging...
Restoration Forest files for bankruptcy

 Restoration Forest files for bankruptcy Protection

In a dramatic turn of events, the once-thriving logging giant, Restoration Forest Products Group, has plunged into the depths of financial uncertainty, filing for...
KSL Closes $3B Continuation Fund To Invest In Ski Resort Biz

KSL Closes $3B Continuation Fund To Invest In Ski Resort Biz

Private Equity Powerhouse KSL Capital Partners has sealed a monumental deal, locking in over $3 billion in commitments for its single-asset continuation vehicle aimed...
EcoBoost Oil Pump Suit Not Ready For Courts

EcoBoost Oil Pump Suit Not Ready For Courts

In a legal battle that pits consumers against automotive giant Ford Motor Co., the stage is set for a high-stakes showdown over alleged defects...
BT £1.3B Class Action

BT £1.3B Class Action: Customers Seek Justice in Landline Pricing Case

In a courtroom showdown gripping Britain's antitrust arena, a lawyer championing millions of BT customers ignited fervor on Monday, asserting their entitlement to a...
Air Astana $962M IPO

Air Astana $962M IPO Valuation Amidst LSE Drought

Air Astana, the premier airline of Kazakhstan, has unveiled plans for its highly anticipated initial public offering (IPO), aiming to achieve a valuation of...
Amazon and IRobot $1.7 billion Deal

Amazon and IRobot $1.7 billion Deal

In a stunning turn of events, Amazon and iRobot have jointly announced the termination of their highly anticipated $1.7 billion deal, citing insurmountable hurdles...

Unauthorized Search of Safe Deposit Boxes by FBI Ruled Unconstitutional by Federal Court

The 9th U.S. Circuit Court of Appeals declared that the FBI's unauthorized search of hundreds of safe deposit boxes violated the Fourth Amendment. The...
Insurer Sues Engineering Firm Over $5M Quarry Flood

Insurer Sues Engineering Firm Over $5M Quarry Flood

In a dramatic turn of events, XL Specialty Insurance Co. has brought forth a lawsuit against engineering firm WSP USA Environment & Infrastructure Inc....

Must Read

Russian Hackers Target Texas Town’s Water Tank

Russian hackers known as Sandworm or Apt44 allegedly caused a Muleshoe, Texas water tank to overflow in a suspected hack in January. Sandworm has been...