Mergers & Acquisitions

  • March 31, 2026

    Del. Chancery Tosses B. Riley Investor Loss Suit

    The Delaware Chancery Court dismissed a stockholder derivative lawsuit accusing B. Riley Financial Inc. insiders and directors of breaching their fiduciary duties over hundreds of millions of dollars in losses tied to the failed Franchise Group investment, ruling that the claims amounted to an impermissible hindsight critique of a risky business decision.

  • March 31, 2026

    Anesthesia Parent Can't Duck Antitrust Suit, But Affiliate Can

    The parent company of U.S. Anesthesia Partners Inc. remains in the crosshairs of a private antitrust suit accusing it of trying to monopolize Texas anesthesia services, while a federal judge dismissed for now claims against an affiliate that he said was too far removed from the alleged rollup strategy.

  • March 31, 2026

    Auto Platform Carvix To Go Public Via $1B SPAC Merger

    Technology-driven automotive platform Carvix Inc. on Tuesday unveiled plans to go public by merging with special purpose acquisition company Crown Reserve Acquisition Corp. I in a deal that values it at an implied enterprise value of $1 billion and was built by three law firms.

  • March 31, 2026

    Cruz, Dems Rip FCC's Staff-Level OK Of $6.2B Nexstar Deal

    Sen. Ted Cruz, R-Texas, joined Senate Democrats to attack the Federal Communications Commission's decision to approve the planned $6.2 billion tie-up of broadcast chains Nexstar and Tegna at the staff level without a vote by the regulatory body.

  • March 31, 2026

    Biogen Paying $5.6B For Apellis As 4 Firms Advise

    Biogen Inc. said Tuesday that it has agreed to acquire Apellis Pharmaceuticals Inc. in a cash transaction valued at about $5.6 billion, with four law firms steering the transaction focused on key therapies for kidney and eye disorders. 

  • March 31, 2026

    Libre Sale Voided Under $811M CFPB, State AG Judgment

    A Virginia federal judge has overturned the sale of an immigration bond company found liable for predatory lending practices, ruling the transaction knowingly violated the terms of an $811 million judgment entered just days before the deal was signed.

  • March 31, 2026

    Kirkland, Goodwin Steer Lilly $7.8B 'Sleep-Wake' Disorder Deal

    Pharmaceutical giant Eli Lilly & Co., advised by Kirkland & Ellis LLP, announced plans Tuesday to acquire daytime sleepiness-focused pharmaceutical company Centessa Pharmaceuticals PLC, led by Goodwin Procter LLP, in a deal worth up to $7.8 billion.

  • March 31, 2026

    Holland & Knight Hires Paul Weiss Partner As CFIUS Co-Lead

    Holland & Knight LLP has hired a Paul Weiss Rifkind Wharton & Garrison LLP partner, who has joined in Washington, D.C., to co-lead its team focused on federal interagency review work related to foreign investment, and industrial security matters.

  • March 31, 2026

    Teamsters Fund Sues To Block Clearway Reclassification

    A Teamsters pension fund has filed a class action in the Delaware Chancery Court seeking to block a planned share reclassification by Clearway Energy Inc., alleging the deal would entrench the company's controlling stockholder while stripping public investors of voting power.

  • March 31, 2026

    4 Firms Advise On McCormick's $44.8B Unilever Foods Buy

    McCormick & Co. Inc. said Tuesday it has agreed to acquire Unilever's foods business at a $44.8 billion value to create a global ingredients powerhouse, in a deal steered by four law firms.

  • March 30, 2026

    HPE Seeks Fix After States Expose Confidential Bidding Info

    Hewlett Packard Enterprise Co. urged a California federal judge to order a dozen states and Washington, D.C., to take corrective measures after they publicly filed thousands of pages of confidential documents related to the company's $14 billion acquisition of Juniper Networks Inc.

  • March 30, 2026

    Del Monte Says Lenders' Appeal Belongs In District Court

    Del Monte Foods has urged a New Jersey bankruptcy judge to deny a lender group's request to certify a settlement order for direct appeal to the Third Circuit, arguing that the group's challenge to the Chapter 11 deal should play out in district court instead.

  • March 30, 2026

    Calif. Judge Puts Nexstar-Tegna Merger On Ice During Review

    A California federal judge has blocked broadcast giants Nexstar and Tegna from combining operations in their $6.2 billion merger while a legal challenge from DirecTV moves forward, saying the satellite TV company showed irreparable harm could occur from the deal.

  • March 30, 2026

    TD Bank Moves Funds' Suits Over Failed First Horizon Deal

    Toronto-based TD Bank has moved to New Jersey federal court two suits from hedge funds that invested in First Horizon Corp. alleging TD Bank is liable for their losses due to statements it made about the likelihood of regulatory approval of the banks' merger, arguing the suits both raise federal questions that belong in federal court.

  • March 30, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court's docket this past week featured disputes involving globally recognized companies, high-dollar contract fights, revived claims from the state's high court and the resolution of a closely watched de-SPAC case.

  • March 30, 2026

    Tilray Accused Of Dodging $11M In Bob Marley Royalties

    Multistate cannabis giant Tilray owes more than $11 million in royalty payments for using Bob Marley's brand in connection with marijuana products, according to a new lawsuit filed in Delaware Chancery Court.

  • March 30, 2026

    VICI Inks $144M Sale-Leaseback In Canadian Casino Co. Buy

    Casino-focused real estate investment trust VICI Properties said it has agreed to pay $144.4 million to buy two casinos and two hotels in a sale-leaseback deal that comes as part of Indigenous-owned Pure Casino Entertainment's acquisition of casino operator Gamehost Inc.

  • March 30, 2026

    FTC Says Anesthesia Group Cheered While Raising Prices

    The Federal Trade Commission pushed back against a bid from U.S. Anesthesia Partners to avoid facing trial on claims that it monopolized the market through a rollup strategy, saying the company celebrated its ability to dramatically increase prices.

  • March 30, 2026

    Inflexion Secures €4.5B For 7th European Buyout Fund

    Private equity shop Inflexion on Monday announced that it closed its seventh buyout fund above target at its hard cap of €4.5 billion ($5.2 billion).

  • March 30, 2026

    Flex Expands US Power Footprint With $1.1B Purchase

    Flex said Monday it will acquire Electrical Power Products Inc., an Iowa-based maker of electrical power control and protection systems, in an all-cash deal valued at about $1.1 billion.

  • March 30, 2026

    Eli Lilly's $2.75B Pact Is Latest In AI Drug Discovery Push

    Eli Lilly and Co. has agreed to a partnership with artificial intelligence-driven drug discovery company Insilico that could be worth up to $2.75 billion, amid an expanding category of collaboration fueled by pharmaceutical giants seeking accelerated paths to new treatments. 

  • March 30, 2026

    5 Firms Advise On $29B Sysco, Jetro Restaurant Depot Deal

    Wholesale restaurant food distributor Sysco said Monday it has agreed to acquire Jetro Restaurant Depot at a total enterprise value of approximately $29.1 billion, in a deal steered by at least five law firms. 

  • March 27, 2026

    Live Nation Beat Rivals With Better Tech, Jury Hears

    A former executive for AEG Presents on Friday testified that his former employer's ticketing system was subpar to that of Live Nation's Ticketmaster, as counsel for the latter portrayed the live entertainment giant's dominant position in the market as a natural result of its superior services to clients.

  • March 27, 2026

    FCC Can't Waive TV Broadcast Cap For Nexstar, DC Circ. Told

    Public interest and labor groups banded together with cable and satellite groups Friday to try convincing the D.C. Circuit that the Federal Communications Commission can't waive its 39% national audience cap to let the $6.2 billion merger of Nexstar and Tegna Inc. move forward.

  • March 27, 2026

    EU's Ribera: Antitrust Must 'Stay Strong' Against Politics

    European Union antitrust chief Teresa Ribera had a word of caution Friday for competition enforcers who let political considerations influence their enforcement decisions, arguing in Washington, D.C., remarks that enforcement should remain stable against shifting political winds.

Expert Analysis

  • Series

    Building With Lego Makes Me A Better Lawyer

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    Building with Lego has taught me to follow directions and adapt to unexpected challenges, and in pairing discipline with imagination, allows me to stay grounded while finding new ways to make complex deals come together, says Paul Levin at Venable.

  • How Banks Can Safely Handle Payments For Gambling Biz

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    As the betting market continues to expand, it's crucial for banks and fintechs to track historical developments in wagering and ongoing prediction markets litigation that can factor into a risk analysis for payment processing with respect to gambling operators, says Laura D'Angelo at Jones Walker.

  • Series

    Law School's Missed Lessons: Networking 101

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    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • Series

    The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • FTC Focus: M&A Approvals A Year After Trump's Election

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    The Federal Trade Commission merger-enforcement regime a year since President Donald Trump's election shows how merger approvals have been expedited by the triaging out of more deals, grants for early termination of the Hart-Scott-Rodino waiting period, and zeroing in on preparing solutions for the biggest problems, say attorneys at Proskauer.

  • Series

    Mindfulness Meditation Makes Me A Better Lawyer

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    Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.

  • HSR Data Shows Most Deals Exit Antitrust Review Unscathed

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    Merger activity is up, enforcement is down and the vast majority of deals are emerging from U.S. federal antitrust review in one piece, new 2024 fiscal-year Hart-Scott-Rodino data shows, meaning companies should not shy away from deals based on a perception that recent antitrust enforcement has been unusually aggressive, says Amanda Wait at Michael Best.

  • AI Litigation Tools Can Enhance Case Assessment, Strategy

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    Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • DOJ's UnitedHealth Settlement Highlights New Remedies Tack

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    The use of divestitures and Hart-Scott-Rodino Act compliance in the recent U.S. Department of Justice settlement with UnitedHealth Group and Amedisys underscores the DOJ Antitrust Division's willingness to utilize merger remedies under the second Trump administration, say attorneys at Buchanan Ingersoll.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • A Shift To Semiannual Reporting May Reshape Litigation Risk

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    While the U.S. Securities and Exchange Commission's proposed change from quarterly to semiannual reporting may reduce the volume of formal filings, it wouldn't reduce litigation risk, instead shifting it into less predictable terrain — where informal disclosures, timing ambiguities and broader materiality debates will dominate, says Pavithra Kumar at Advanced Analytical Consulting Group.

  • TikTok Divestiture Deal Revolves Around IP Considerations

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    The divestiture deal between the U.S. and China to resolve a security dispute over TikTok's U.S. operations is seen as a diplomatic breakthrough, but its success hinges on the treatment of intellectual property and may set a precedent in the global contest over digital sovereignty and IP control, say attorneys at Brownstein Hyatt.

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