On October 20, 2025, the United States Court of Appeals for the Fifth Circuit issued a significant decision clarifying that an insurer’s duty to defend under Texas law extends to a contractually mandated alternative dispute resolution (ADR) proceeding.[i] The Fifth Circuit reversed a magistrate judge’s dismissal of BPX Production Co.’s (BPX) coverage claims, holding that an ADR proceeding triggers an insurer’s duty to defend and indemnify under a commercial general liability (CGL) policy—thus rejecting the insurer’s argument that a “suit” was required.  Further, the Fifth Circuit held that an insurer’s conduct can waive conditions to coverage. This decision provides important guidance for corporate policyholders navigating insurance disputes involving an ADR proceeding, policy defenses asserted by insurers, and the assignment of insurance rights to maximize an insurance recovery in the circumstance of a bankruptcy.

TPG and Blackstone will acquire Hologic, according to a news release. The deal is valued at up to $18.3 billion.

Hologic (Nasdaq: HOLX), founded in 1985 and based in Marlborough, Massachusetts, is a women’s health technology firm.

TPG, founded in 1992 and based in San Francisco, targets investments in middle market companies. The firm…

Curewell Capital has acquired Wilmington PharmaTech (WPT), according to a news release.

WPT, founded in 2003 and based in Newark, Delaware, is a contract research, development and manufacturing organization focused on custom small molecule API development and manufacturing.

Curewell, founded in 2021 and based in Los Angeles, is a middle market private…

GTCR has announced it will make a $200 million minority investment in Solmetex.

Solmetex, founded in 1994 and based in Northborough, Massachusetts, is a provider of dental products, systems and consumables.

GTCR, founded in 1980 and based in Chicago, pursues a wide range of investments in several industries, including healthcare. The firm prefers…

Warburg Pincus will acquire a “significant” minority stake in Sebia, according to a news release.

Sebia, founded in 1967 and with its U.S. headquarters in Norcross, Georgia, is a global provider of specialty diagnostics. The company specializes in vitro diagnostics, providing instruments and reagents for screening and monitoring diseases in oncology, diabetes, hemoglobinopathies,…

With Halloween lurking around the corner and as National Cybersecurity Awareness Month comes to a close, the McGuireWoods Data Privacy & Cybersecurity Practice Group reminds you to not wait to be spooked by a cybersecurity incident or haunted by the task of maintaining your cybersecurity program.

Today’s threat landscape is rapidly changing and accelerated evermore by the capabilities of AI and automation on both sides of the cyber battlefield. Organizations that stay ahead are using established cybersecurity frameworks to provide a strong architecture on which to continuously evolve their cybersecurity program and testing their response to the latest threats through tabletop exercises. By leveraging modern technologies, such as AI-enabled detection, zero trust architectures, automated configuration management, and secure-by-design engineering, leading organizations are making cybersecurity not just stronger, but measurably faster, leaner, and more resilient.

Kingswood Capital Management has announced will acquire Drive DeVilbiss Healthcare from CD&R. 

Drive, founded in 2000 and based in Port Washington, New York, is a global manufacturer and supplier of medical products used primarily in the home setting.

Kingswood, founded in 2013 and based in Los Angeles, is a middle market private equity…

Salt Creek Capital recently announced the acquisition of Real Diagnostics (RealDx).

RealDx, founded in 2014 and based in Reisterstown, Maryland, is a specialist diagnostic laboratory that delivers disease-specific testing solutions primarily to small and mid-sized specialty physician offices and clinics.

Salt Creek, founded in 2009 and based in Woodside, California, is a private…