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Mergers & Acquisitions
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January 13, 2026
AI Infrastructure Firm Exascale To Go Public Via $500M Deal
Exascale Labs Inc., an artificial intelligence computing infrastructure platform, has announced plans to go public through a $500 million merger with special purpose acquisition company D. Boral ARC Acquisition I Corp.
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January 13, 2026
REITs Say $787M Merger's Proxy Info Not Misleading
Real estate investment trusts Ready Capital Corp. and Broadmark Realty Capital Inc. urged a Washington federal court on Tuesday to toss a proposed shareholder class action accusing the companies of misleading shareholders to get votes for their $787 million merger, arguing the relevant proxy materials fully informed shareholders about the deal before they voted.
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January 13, 2026
J&J Wins Partial Reversal Of $1B Merger Milestone Loss
Delaware's Supreme Court has partially reversed a vice chancellor's September 2024 ruling that Johnson & Johnson owes more than $1 billion for failing to prioritize regulatory approvals linked to "earnout" payments for robotic surgical device technology that J&J acquired from a developer.
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January 13, 2026
Eventbrite Stockholders Sue To Block $500M Take-Private Deal
A class of Eventbrite stockholders has sued in the Delaware Chancery Court seeking to upend a pending $500 million take-private deal, arguing that a voting agreement signed alongside the transaction automatically stripped the company's founder of her super-voting control under the company's own charter and rendered the merger proxy materially misleading.
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January 13, 2026
Wilson Sonsini Guides Polygon Labs On $250M Crypto Deals
Wilson Sonsini Goodrich & Rosati PC-advised Polygon Labs said Tuesday it has agreed to acquire crypto payments company Coinme and crypto infrastructure provider Sequence for more than $250 million, as it seeks to build a regulated stablecoin payments platform in the U.S.
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January 12, 2026
CareFirst Opposes J&J's Bid To Revisit Stelara Antitrust Case
Insurer CareFirst urged a Virginia federal court to reject Johnson & Johnson's bid for reconsideration of a ruling that refused to toss antitrust and patent fraud claims over the immunosuppressive drug Stelara.
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January 12, 2026
Rivals Say UP, Norfolk Southern Hiding Key Merger Details
Rival railroads have claimed that Union Pacific and Norfolk Southern are hiding crucial details about the risks and other competitive effects of their proposed mega-merger, saying the Surface Transportation Board should force the rail giants to make candid disclosures or reject their merger application altogether.
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January 12, 2026
Paramount Sues In Del. For Warner Bros., Netflix Merger Facts
Paramount Skydance Corp. sued Warner Bros. Discovery Inc. in Delaware Chancery Court Monday for court-compelled disclosure of more details on WBD's proposed $82.7 billion tie-up with Netflix, and reported that it plans to run a slate of candidates for WBD's board to push Paramount's offer.
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January 12, 2026
REITs Say Shareholders' Retooled Liquidation Suit Still Fails
A group of retail-focused real estate investment trusts urged a New Jersey federal court to toss an amended shareholder class action that accuses them of misleading shareholders into approving charter amendments that stopped the planned liquidation of the REITs, arguing that the amended suit repeats claims that were previously tossed.
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January 12, 2026
Chancery Tosses Repsol Claims Against Winston & Strawn
The Delaware Chancery Court on Monday dismissed counterclaims brought by Repsol Renewables North America Inc. against Winston & Strawn LLP and one of its partners, ruling that Delaware law does not permit contract-based aiding-and-abetting claims and that Winston & Strawn did not owe fiduciary duties to a minority member in a limited liability company.
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January 12, 2026
Adviser Claims REIT Stiffed It Over $2.1B Take-Private Deal
An advising firm has sued Plymouth Industrial REIT Inc. in Massachusetts state court, claiming the real estate investment trust is dodging its obligation to pay the adviser for helping the firm land a $2.1 billion acquisition offer.
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January 12, 2026
FCC Scraps Verizon's 60-Day Phone Unlocking Mandate
The Federal Communications Commission on Monday waived a rule stemming from Verizon's takeover of discount provider TracFone that forced the company to open its cellphones to other carriers after 60 days.
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January 12, 2026
Skadden, Milbank Advise On Allegiant's $1.5B Airline Deal
Skadden and Milbank are advising on a transaction that will see U.S. discount air carrier Allegiant purchase rival Sun Country Airlines in a cash and stock deal valuing the Minneapolis-based airline at about $1.5 billion.
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January 12, 2026
Sidley-Led Smith & Nephew Inks $450M Orthopaedics Deal
Sidley Austin-advised Smith & Nephew said Monday it will acquire Gunderson Dettmer-led U.S. sports medicine company Integrity Orthopaedics and its Tendon Seam rotator cuff repair technology in a deal valued at up to $450 million.
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January 12, 2026
Joint Cannabis Firms Settle Antitrust, 'Gun Jumping' Claims
Four Connecticut cannabis companies and their principals have agreed to pay $416,000 to settle claims that they violated state marijuana, antitrust and unfair trade practices laws by skipping a mandatory merger review process, the attorney general's office said Monday.
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January 12, 2026
Clifford Chance Continues US Growth With Freshfields Atty
Clifford Chance LLP announced Monday that it is continuing to grow in the U.S. with the hiring of a private equity attorney from Freshfields LLP, touting her experience in cross-border mergers and acquisitions, leveraged buyouts, investments, divestitures, joint ventures, equity financings and restructurings.
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January 12, 2026
Supreme Court Won't Disturb 9th Circ. Severance Suit Revival
The U.S. Supreme Court refused Monday to disturb a Ninth Circuit ruling that restarted two former microchip manufacturer employees' class action alleging their employer illegally revoked severance benefits following a merger, turning down an employer-side petition for review of the case.
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January 12, 2026
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court closed out the week with developments ranging from leadership changes in a $13 billion take-private case and posttrial sparring over a major earnout to fresh governance fights, revived fraud claims and sanctions tied to advancement rights.
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January 12, 2026
EQT To Sell Stake In Irish Biz To Haemonetics In €185M Deal
European venture capital firm EQT Life Sciences said Monday that it has sold its stake in Irish biotechnology company Vivasure Medical to Haemonetics Corp., which has acquired the whole business for up to €185 million ($216.3 million).
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January 09, 2026
Ex-DOJ Civil Antitrust Head Joins WilmerHale
WilmerHale announced Monday it hired Ryan Danks, who until last month had headed up the U.S. Department of Justice Antitrust Division's civil enforcement program, as a new partner.
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January 09, 2026
Bernstein Litowitz Asks To Exit $13B Endeavor Stock Suit
Bernstein Litowitz Berger & Grossmann LLP asked the Delaware Chancery Court on Friday to allow its attorneys to withdraw as lead co-counsel for the shareholder class action over sports and entertainment company Endeavor Group Holdings Inc.'s $13 billion take-private merger.
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January 09, 2026
Ready Capital, Broadmark Want Securities Suit Moved To NY
Two real estate investment trusts and other parties urged a Washington federal court to transfer the proposed securities class action they're facing to New York federal court, arguing that the move is needed because the suit overlaps with a case in that state.
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January 09, 2026
Water Co. Investor Pulls Merger Suit Alleging $2B Loss
A Primo Brands Corp. stockholder has dropped a 3-month-old securities lawsuit accusing company officials of wiping out $2 billion in shareholder value over two days last November by hiding issues during a merger with fellow water seller BlueTriton Brands Inc.
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January 09, 2026
BP Rebuttal Survives In Suit Over Stalled Ga. Truck Stop Build
An Ohio federal judge found that three related companies weren't owed distinct notice that TravelCenters of America considered them in breach of a contract to develop a Georgia truck stop after the BP affiliate terminated the deal in June 2023, prompting a lawsuit.
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January 09, 2026
Fintech-Focused Lafayette Digital SPAC Prices $250M Offering
Special purpose acquisition company Lafayette Digital Acquisition I began trading publicly Friday after raising $250 million in its initial public offering, with plans to target the financial services and technology industries.
Expert Analysis
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How Fashion, Tech Can Maximize New Small Biz Tax Breaks
Fashion and technology companies, which invest heavily in innovation, should consider taking advantage of provisions in the One Big Beautiful Bill Act that favor small businesses, restructuing if necessary to become eligible for expanded research and experimental expenditure credits and qualified small business stock incentives, says Aime Salazar at Olshan Frome.
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Series
Adapting To Private Practice: From Va. AUSA To Mid-Law
Returning to the firm where I began my career after seven years as an assistant U.S. attorney in Virginia has been complex, nuanced and rewarding, and I’ve learned that the pursuit of justice remains the constant, even as the mindset and client change, says Kristin Johnson at Woods Rogers.
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7 Document Review Concepts New Attorneys Need To Know
For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke.
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FTC Actions Highlight New Noncompete Enforcement Strategy
Several recent noncompete-related actions from the Federal Trade Commission — including its recent dismissal of cases appealing the vacatur of a Biden-era noncompete ban — reflect the commission's shift toward case-by-case enforcement, while confirming that the agency intends to remain active in policing such agreements, say attorneys at Debevoise.
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How Trump's Space Order May Ease Industry's Growth
President Donald Trump's recent executive order aimed at removing environmental hurdles for spaceport authorization and streamlining the space industry's regulatory framework may open opportunities not only for established launch providers, but also smaller companies and spaceport authorities, say attorneys at Morgan Lewis.
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FTC's Reseller Suit Highlights Larger Ticket Platform Issues
Taken together, the recent Federal Trade Commission lawsuit and Ticketmaster's recent antitrust woes demonstrate that federal enforcers are testing the resilience of antitrust and consumer-protection frameworks in an evolving, tech-driven marketplace, says Thomas Stratmann at George Mason University.
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Agentic AI Puts A New Twist On Attorney Ethics Obligations
As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.
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HSR Compliance Remains A Priority From Biden To Trump
Several new enforcement actions from the Federal Trade Commission and the U.S. Department of Justice illustrate that rigorous attention to Hart-Scott-Rodino Act compliance has become a critical component of the U.S. merger review process, even amid the political transition from the Biden to Trump administrations, say attorneys at Baker McKenzie.
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Series
Being A Professional Wrestler Makes Me A Better Lawyer
Pursuing my childhood dream of being a professional wrestler has taught me important legal career lessons about communication, adaptability, oral advocacy and professionalism, says Christopher Freiberg at Midwest Disability.
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Opportunity Zone's Future Corp. Tax Benefits Still Uncertain
Despite recent legislative enhancements to the qualified opportunity fund program, and a new G7 understanding that would exempt U.S.-parented multinationals from the undertaxed profits rule, uncertainties over future tax benefits could dampen investment interest in the program, says Alan Lederman at Gunster.
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How GILTI Reform Affects M&A Golden Parachute Planning
Deal teams should evaluate the effect of a recent seemingly technical change to U.S. international tax law on the golden parachute analysis that often plays a critical part of many corporate transactions to avoid underestimating its impact on an acquirer's worldwide taxable income following a triggering transaction, say attorneys at MoFo.
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Series
Law School's Missed Lessons: Adapting To The Age Of AI
Though law school may not have specifically taught us how to use generative artificial intelligence to help with our daily legal tasks, it did provide us the mental building blocks necessary for adapting to this new technology — and the judgment to discern what shouldn’t be automated, says Pamela Dorian at Cozen O'Connor.
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Ch. 11 Ruling Voiding $2M Litigation Funding Sends A Warning
A recent Texas bankruptcy court decision that a postconfirmation litigation trust has no obligations to repay a completely drawn down $2 million litigation funding agreement serves as a warning for estate administrators and funders to properly disclose the intended financing, say attorneys at Kleinberg Kaplan.
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Demystifying The Civil Procedure Rules Amendment Process
Every year, an advisory committee receives dozens of proposals to amend the Federal Rules of Civil Procedure, most of which are never adopted — but a few pointers can help maximize the likelihood that an amendment will be adopted, says Josh Gardner at DLA Piper.
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FTC, CoStar Cases Against Zillow May Have Broad Impact
Zillow's partnerships with Redfin and Realtor.com have recently triggered dual fronts of legal scrutiny — an antitrust inquiry from the Federal Trade Commission and a mass copyright infringement suit from CoStar — raising complex questions that reach beyond real estate, says Shubha Ghosh at Syracuse University College of Law.