Shackelford Bowen McKinley & Norton LLP has added to its Dallas and Houston offices six attorneys previously with Winstead PC who work in the areas of intellectual property and corporate law, the firm has announced.
NextEra Energy Inc. urged the Third Circuit on Thursday to revive its bid for $60 million in administrative expenses in connection with a scrapped deal to purchase assets from bankrupt Energy Future Holdings Corp., arguing that it spent the money in reliance on a sale termination fee that was later taken off the table.
With so much mergers and acquisitions news this week, you may have missed multiple deals announced in the last several days helmed by firms such as Cooley and Weil. Here, Law360 recaps the ones you may have missed.
Despite the pandemic, the first half of 2020 saw epic judicial gear-shifting but no real slowdown in Delaware's key business courts, with new Chancery Court complaints actually picking up and important corporate and commercial law decisions regularly emerging from remotely conducted proceedings.
The head of the U.S. Department of Justice's Antitrust Division has hit back against allegations made by a division staffer that investigations into recent cannabis mergers and a car emissions deal were politically motivated.
Singapore's competition authority on Thursday raised concerns about the London Stock Exchange's planned $27 billion takeover of Refinitiv, saying the blockbuster deal could affect the market for foreign exchange rates.
The initial public offering market ended midyear on a roll and appears poised for a strong second half of 2020, powered by a robust biotechnology sector and potential debuts from venture-backed technology "unicorns" — barring more pandemic-related setbacks.
White & Case and Hogan Lovells were among more than a dozen firms that helped with the 10 largest real estate mergers and acquisitions deals of the second quarter, five of which were north of the $1 billion mark.
The New York bankruptcy judge overseeing newspaper chain McClatchy Co.'s bankruptcy said he would decide by the end of the week whether to give unsecured creditors permission to sue over what he called "troubling" aspects of a 2018 debt restructuring.
T-Mobile has made good on its promise to shed all of Sprint's prepaid mobile business in the wake of the telecom giants' $56 billion merger, revealing Wednesday that it has officially closed the divestiture deal with Dish Network for $1.4 billion.
The private equity-backed parent company of cannabis magazine High Times said it has entered into an acquisition agreement with a California cannabis delivery service, which the company said would give it distribution hubs in the Golden State as it seeks to break into retail marijuana.
Insurers for Bausch Health Cos. asked a New Jersey federal judge Wednesday to find that they don't have to pay the pharmaceutical company's costs to defend and settle class-action suits it faced over an alleged insider trading scheme connected to a failed takeover of Allergan, contending the suits are not covered "securities claims."
A Portola Pharmaceuticals investor filed a lawsuit Tuesday in Delaware Chancery Court seeking records from the biotech company to probe possible wrongdoing related to its proposed $1.4 billion purchase by Alexion Pharmaceuticals, asserting Portola's directors seemed driven to sell by "COVID-19 pandemic-driven fear."
U.K.-based law firm Freshfields Bruckhaus Deringer LLP on Wednesday announced a new outpost in Silicon Valley, hiring five California attorneys from four rivals to form its third U.S. office and build its footprint in the global tech hub.
A Texas water management company told a Houston-area court it's the rightful recipient of $10 million in escrow funds from a busted $150 million saltwater disposal well deal with a Centennial Resource Development unit.
Brazil's competition authority has dropped a recent decision to block a partnership between Facebook and credit card issuer Cielo, but says it will continue probing the deal for possible anti-competitive effects.
Special purpose acquisition company Panacea Acquisition Corp. debuted in public markets Wednesday after completing a $125 million initial public offering intended to fund a biotechnology acquisition, guided by Skadden Arps Slate Meagher & Flom LLP and underwriters counsel Greenberg Traurig LLP.
Peabody Energy Corp. and Arch Coal Inc. have urged a Missouri federal court not to halt their proposed joint venture, arguing in a Tuesday filing that the Federal Trade Commission took too narrow a view of their market and could not support its claims that the venture would have anti-competitive effects.
The seller of a wind farm project has told a New York federal court a former Innogy SE unit is purposely holding up the progress of the venture to avoid coughing up a nearly $70 million payment it owes upon completion of the project.
Carlyle, advised by L&L Partners and Freshfields, will pay $235 million for a stake in the data center business of Indian telecommunications giant Bharti Airtel, the companies said Wednesday, in an agreement that values the unit at $1.2 billion and strengthens the private equity firm's portfolio of data center assets.
A split Delaware Supreme Court on Tuesday reversed and sent back for reconsideration the Chancery Court's mid-2019 dismissal of a stockholder suit challenging the $18 billion merger of Towers Watson & Co. and Willis Group, saying the lower court mistakenly deferred too much to the combined company when it dismissed breach of fiduciary duty claims against Towers' CEO.
The U.S. Department of Justice and a divided Federal Trade Commission issued the final version of their new vertical merger guidelines Tuesday, hewing closely to an earlier draft but leaving out perhaps the most controversial part: a market share threshold under which deals would be less likely to be scrutinized.
A former Genomic Health Inc. investor blasted the company's planned $2.8 billion merger last year with fellow cancer treatment developer Exact Sciences Corp. as a sweetheart deal that undervalued the company, failed to disclose important information to investors and was agreed to by the controlling shareholder before terms were finalized.
Jeffrey Gerrish, the deputy U.S. trade representative who played a lead role in brokering this year's hard-fought trade pact with China, will rejoin Skadden Arps Slate Meagher & Flom LLP in August, the firm announced Tuesday.
Consumers in the federal multidistrict litigation over vaping told a California judge on Monday that federal law does not broadly bar their claims that Juul Labs Inc. and Altria Group Inc. hid the dangers of e-cigarettes in their marketing, saying that was not what Congress intended.
Attorneys at Reed Smith discuss five takeaways from the new annual report of the Committee on Foreign Investment in the United States, which assessed the 229 notices and 21 declarations filed for CFIUS' review in 2018 and provided a first look at the impact of the Foreign Investment Risk Review Modernization Act.
It has long been the law that attorneys cannot use percentage rental agreements because doing so would constitute an impermissible sharing of fees with nonlawyers, but such arrangements can help lawyers match expenses with revenues in lean times like now, say Peter Jarvis and Trisha Thompson at Holland & Knight.
Health industry sectors, including hospitals and physician organizations, are likely to see growth in consolidation activity as a result of COVID-19, but remote deal-making and other challenges will increase the difficulty of finalizing deals, says Larry Gage at Alston & Bird.
A California state appellate court's recent decision in Masellis v. Law Office of Leslie F. Jensen provides a road map for proving causation and damages in settle-and-sue legal malpractice cases — an important issue of long-standing confusion, says Steven Berenson at Klinedinst.
The U.S. Department of Justice's recently updated corporate compliance guide includes a few modest edits that are especially relevant in the COVID-19 environment as companies navigate new risks and consider new business models amid tightening budgets, say Audrey Harris and Juliet Gunev at Mayer Brown.
Mediation conducted online with participants in different states makes it harder to determine where communications were made, increasing the risk that courts will apply laws of a state that does not protect mediation confidentiality, say mediators Jeff Kichaven and Teresa Frisbie and law student Tyler Codina.
Recent production cuts agreed to by the Organization of the Petroleum Exporting Countries and its allies gave markets confidence that Saudi Arabia and Russia are committed to stabilizing oil prices, but the question now is whether U.S. shale oil producers will continue to reduce their own production, say Denmon Sigler and Scott Shelton at Baker McKenzie.
In light of the regulatory attention on private equity investment activity, as well as the recent decline in M&A activity and increase in private investments in public equity, the Federal Trade Commission or U.S. Department of Justice may decide to examine for the first time a PIPE transaction that raises competitive questions, say Peter McCormack and Laura Sullivan at Kirkland.
Emerging disputes over whether the COVID-19 crisis has triggered a merger transaction’s material adverse effect clause shine a spotlight on the importance of showing whether the pandemic has disproportionately impacted particular industries and companies, say David Tabak and Edward Flores at NERA.
As I learned after completing a recent international arbitration remotely, with advance planning a video hearing can replicate the in-person experience surprisingly well, and may actually be superior in certain respects, says Kate Shih at Quinn Emanuel.
Private equity firms targeting government contractors that receive preferential treatment in federal procurement should know how to spot red flags that result in loss of small-business status and the deal structures that mitigate this risk, say Elizabeth Leavy and Robert McCann at Reed Smith.
If law firms are truly serious about making meaningful change in terms of diversity, they must adopt a demographically neutral, unbiased hiring equation that looks at personality traits with greater import than grades and class rank, says Thomas Latino at Florida State University College of Law.
With large swaths of the population indoors and primarily online, cybercriminals will be able to exploit law firms more easily now than ever before, but some basic precautions can help, says Joel Wallenstrom at Wickr.
Now that law firms are on board with fully remote work environments, they must develop policies that match in-office culture and align partner and associate expectations, says Summer Eberhard at Major Lindsey.
What emerges from the group of 200 federal judges confirmed by the Senate under President Donald Trump is a judiciary stacked with young conservative ideologues, many of whom lack basic judicial qualifications, says Sen. Dianne Feinstein, D-Calif., ranking member of the Senate Judiciary Committee.