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News Articles

6.04.26

Wilson Sonsini Practices, Attorneys Recognized in 2026 Chambers USA Guide
The 2026 Chambers USA guide has recognized Wilson Sonsini Goodrich & Rosati as a leading law firm in 44 geography-specific practice categories and named 87 Wilson Sonsini attorneys among the best in their fields. This year, the firm received four new practice area rankings, including in the nationwide National Security and Capital Markets: Convertible Debt categories, and three improved practice area rankings.
Client Highlights

3.24.26

Wilson Sonsini Advises Spade on $40 Million Series B
On March 24, 2026, Spade, the data and AI platform transforming how financial institutions use transaction data, announced $40 million in Series B funding. The round was led by Oak HC/FT, with participation by Andreessen Horowitz, Flourish, Gradient, NAventures, National Bank of Canada’s corporate venture arm, and Y Combinator. Wilson Sonsini Goodrich & Rosati advised Spade on the transaction.
Client Highlights

3.18.26

Wilson Sonsini Advises XENOM on $15 Million Seed Round and Commercial Agreement with Rogue Fitness
On February 27, 2026, XENOM announced it has officially launched with a $15 million seed financing to create stadium-scale global events. The round was led by WndrCo and Rogue Fitness. Additionally, Rogue Fitness will serve as XENOM’s official equipment supplier. Wilson Sonsini Goodrich & Rosati advised XENOM on the transactions.
Client Highlights

12.31.25

Wilson Sonsini Advises BriefCatch on $6 Million Series A
On December 29, 2025, BriefCatch, a legal-writing platform used by law firms and courts, announced it has raised $6 million in Series A financing, representing a significant up round. The round was led by Full In, a software-focused growth equity firm. Wilson Sonsini Goodrich & Rosati advised BriefCatch on the transaction.

The Series A investment will support the continued development of BriefCatch's legal-writing platform and help advance the company's long-term vision of a more comprehensive, integrated set of AI-assisted writing tools for legal professionals.

The Wilson Sonsini team that advised BriefCatch on the transaction included Daniel Keating, Salil Gandhi, Brett Schulman, and Patrick Mullery.

For more information, please see BriefCatch’s news release.
Client Highlights

7.14.25

Wilson Sonsini Advises Windsurf on Acquisition by Cognition AI
On July 14, 2025, Cognition announced that it has signed a definitive agreement to acquire Windsurf, the agentic IDE. The acquisition includes Windsurf's IP, product, trademark, and brings the full Windsurf team to Cognition. Wilson Sonsini advised Windsurf on the transaction.
News Articles

6.05.25

2025 Chambers USA Guide Recognizes Wilson Sonsini Practices, Attorneys
The 2025 Chambers USA guide has recognized Wilson Sonsini Goodrich & Rosati as a leading law firm in 39 geography-specific practice categories and named 86 Wilson Sonsini attorneys among the best in their fields. This year, the firm received three new practice area rankings, including in the Artificial Intelligence category, and four improved practice area rankings.
Client Highlights

4.17.25

Wilson Sonsini Advises Crux on $50 Million Series B
On April 16, 2025, Crux, a capital markets technology company for the clean economy, announced that it has raised $50 million in Series B funding led by Lowercarbon Capital. Existing investors Andreessen Horowitz (a16z), Ardent Venture Partners, CIV, New System Ventures, and The Three Cairns Group participated in the round. These investors are joined by new investors Liberty Mutual Strategic Ventures, MassMutual Ventures, and OMERS Ventures. Venture capital firms Acrew Capital and Giant Ventures also joined the round. Wilson Sonsini Goodrich & Rosati advised Crux on the transaction.

The Series B round brings Crux’s total funding to over $77 million and will help drive its next phase of growth. The company plans to use the new capital to meet its mission of supporting developers, manufacturers, investors, and lenders through all stages of capital formation. This funding round comes on the heels of Crux’s latest platform innovation: its debt capital marketplace which opens access to a range of debt products alongside Crux’s powerful transferable tax credit marketplace.

The Wilson Sonsini team that advised Crux on the transaction includes:
Alerts

3.27.25

The Corporate Transparency Act Is Now Just for Foreign Reporting Companies
On March 21, 2025, FinCEN released an interim final rule (IFR) removing the requirement for U.S. companies and U.S. persons to submit beneficial ownership information (BOI) reports under the Corporate Transparency Act (CTA).
Alerts

3.05.25

U.S. Treasury Department Announces Changes to the BOI Reporting Requirements Under the Corporate Transparency Act
On March 2, 2025, the Department of Treasury confirmed in a press release that it will not enforce any penalties or fines associated with the BOI reporting requirements under the existing regulatory deadlines. The Department of Treasury has indicated its intention to propose revisions to the BOI reporting requirements that will narrow the scope of the rule to affect only foreign reporting companies. Additionally, the Department of Treasury announced that it will not enforce any penalties or fines against U.S. citizens or domestic reporting companies after these new, anticipated rule changes take effect.
Alerts

2.24.25

The Corporate Transparency Act is Back On–Again!
On February 18, 2025, the U.S. District Court for the Eastern District of Texas granted the federal government’s motion for a stay pending appeal and lifted the nationwide preliminary injunction in Smith, et al. v. U.S. Department of the Treasury, et al., 6:24-cv-00336 (E.D. Tex.).
Alerts

12.30.24

On Again, Off Again – The Corporate Transparency Act is Off Again!
On December 26, 2024, the U.S. Court of Appeals for the Fifth Circuit vacated its previous order granting a stay of the nationwide preliminary injunction in Texas Top Cop Shop, Inc., et al. v. Garland, et al., No. 24-40792 (5th Cir.). This order reinstates the nationwide preliminary injunction and once again temporarily enjoins enforcement of the Corporate Transparency Act (CTA) and the Beneficial Ownership Information (BOI) reporting requirements. The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) confirmed in its subsequent statement that “reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains in force.”
Alerts

12.10.24

Corporate Transparency Act: Nationwide Preliminary Injunction on Appeal
On December 3, 2024, a Texas federal district court judge in Texas Top Cop Shop, Inc., et al. v. Garland, et al., No. 4:24-cv-00478 (E.D. Tex., Dec. 3, 2024) issued a nationwide preliminary injunction temporarily enjoining enforcement of the Corporate Transparency Act (CTA) and the U.S. Department of the Treasury’s Financial Crimes Enforcement Network’s (FinCEN) regulations on Beneficial Ownership Information Reporting Requirements (BOI Reporting Requirements). In a public statement over the weekend, FinCEN confirmed that it will comply with the nationwide preliminary injunction and Reporting Companies (generally, entities created or registered to do business in any state or tribal jurisdiction by filing a document with a secretary of state or other similar office) are not required to file BOI reports while the injunction remains in effect. FinCEN noted, however, that Reporting Companies can continue to submit voluntary BOI reports.
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