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Mergers & Acquisitions
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October 07, 2025
Emisphere Shareholder Wants Out Of $32M Class Settlement
A major shareholder of Emisphere Technologies has objected to a proposed $32 million settlement in a suit challenging the $1.8 billion sale of the biotechnology company to Novo Nordisk A/S, arguing that the terms of the deal are too low and unfairly benefit Emisphere's controlling shareholder.
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October 07, 2025
Prospect Medical Fights $1M Software Fee Claims In Ch. 11
Prospect Medical Holdings Inc. says the pending Chapter 11 proceedings for its hospitals in California and Connecticut should keep two technology companies from demanding more than $1 million in payment for disputed software and IT contracts, according to Prospect's filings with a Texas bankruptcy court on Monday.
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October 07, 2025
Musk Atty Alex Spiro Faces DQ Bid Ahead Of Twitter Deal Trial
A certified class of former Twitter investors accusing Elon Musk of tanking the social media platform's stock during acquisition negotiations has urged a California federal judge to disqualify Musk's proposed lead trial counsel Alex Spiro before a January trial, arguing he's a "critical first-hand witness" and may testify, according to documents unsealed Monday.
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October 07, 2025
Dolphin Co. Creditor Balks At Credit Bid For Ch. 11 Sale
A financial intermediary for dolphin park owner Leisure Investment Holdings LLC is asking the Delaware bankruptcy court to prohibit credit bidding in the park owner's Chapter 11 auction in order to preserve its $4 million claim from a judgment in 2017.
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October 07, 2025
3 Firms Guide Real Estate-Focused SPAC's $200M IPO
Blank-check company BOA Acquisition Corp. II filed plans Monday for a $200 million initial public offering guided by Paul Hastings LLP, Maples and Calder LLP and Proskauer Rose LLP, saying it is seeking to invest directly in real estate and infrastructure assets.
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October 07, 2025
Feds Seek 6 Years For Ex-Frank Exec's 'Brazen' $175M Con
Prosecutors asked a New York federal judge Monday to sentence a former executive at financial aid startup Frank to six years in prison for helping its founder Charlie Javice trick JPMorgan Chase & Co. into buying the company for $175 million, saying he deserves no leniency for the "brazen" fraud.
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October 07, 2025
Zillow Can See Anywhere Deal Docs In Compass Antitrust Suit
A New York federal judge partially approved real estate listings company Zillow Inc.'s discovery motion in brokerage Compass Inc.'s antitrust suit over Zillow's listings policy, ruling that Compass must provide Zillow with specific documents related to its $1.6 billion all-stock acquisition of Anywhere Real Estate Inc.
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October 07, 2025
Dye & Durham Sells AML Software Biz For $104M
Toronto-based legal technology company Dye & Durham Ltd. announced Tuesday the sale of its subsidiary Credas Technologies Ltd. to U.K.-based anti-money laundering software provider SmartSearch for £77.8 million ($104.4 million).
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October 07, 2025
NYSE Parent Invests $2B In Polymarket Amid Market Scrutiny
The parent company of the New York Stock Exchange said Tuesday that it will infuse up to $2 billion into Polymarket, which has an $8 billion valuation, at a time when prediction markets in the United States are increasing in popularity but facing increased scrutiny.
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October 07, 2025
Monster.com Scores OK For Ch. 11 Plan After Creditor Deal
A Delaware bankruptcy judge on Tuesday approved job search site CareerBuilder + Monster's Chapter 11 plan after the debtor struck a deal that could help holders of unsecured claims land a recovery.
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October 07, 2025
3 Firms Advise On Qualtrics' $6.75B Press Ganey Forsta Buy
Goodwin Procter LLP and Simpson Thacher & Bartlett LLP are advising Qualtrics on its agreement to acquire Latham & Watkins LLP-led experience analytics firm Press Ganey Forsta for $6.75 billion, in a deal the companies said will create the "most complete platform designed for experience management."
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October 07, 2025
Europe Clears €1.4B Buyout Of Irish Hotel Group
Irish hotel group Dalata said Tuesday that Europe's competition authority has given the green light to a €1.4 billion ($1.6 billion) planned takeover of the company, paving the way for the deal to be sanctioned by an Irish court.
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October 06, 2025
OCC To Ease Exams, Simplify Licensing For Smaller Banks
The Office of the Comptroller of the Currency moved Monday to ease its oversight of banks with under $30 billion in assets, rolling out policy changes that include cutting back on their exam requirements and potentially expanding their access to expedited licensing options.
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October 06, 2025
Clark Hill Expands Transactions Practice In Denver
Clark Hill PLC on Monday added six attorneys formerly of Burns Figa & Will to its Denver office in a move aimed at expanding the international firm's securities and corporate transactions practice in Colorado.
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October 06, 2025
Dish, AT&T Must Give Up Docs In T-Mobile-Sprint Merger Case
An Illinois federal magistrate judge ordered Dish and AT&T to produce key documents in a proposed consumer class action targeting T-Mobile over its purchase of Sprint, finding the material from the wireless companies, especially Dish, to be centrally important to the suit.
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October 06, 2025
Broadcasters Say FCC Can Nix Nat'l Ownership Cap. It's Iffy
Top TV station chains insist the Federal Communications Commission has clear authority to scrap a decades-old cap on national audience share controlled by any one company. But they're wading into a murky legal area almost certain to prompt a flood of litigation.
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October 06, 2025
Bernstein, Robbins Geller Vie For Top Co-Counsel In Deal Row
Bernstein Litowitz Berger & Grossmann LLP and Robbins Geller Rudman & Dowd LLP are vying to be co-lead counsel in a Delaware Chancery Court class action over the $14.30-per-share, $8.9 billion buyout of a healthcare management company, arguing its clients have a stronger case than others.
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October 06, 2025
Catching Up With Delaware's Chancery Court
Last week, the owner of the Kentucky Derby was hit with a suit accusing it of withholding escrow funds for environmental compliance violations owed under a 2022 deal with hospitality company Enchantment Holdings LLC.
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October 06, 2025
AWS Atty Takes AI Post At Greenberg Traurig In Minneapolis
A lawyer who spent the past nine years at Amazon Web Services Inc. has moved back into private practice, this time as a shareholder in Greenberg Traurig LLP's corporate, innovation and artificial intelligence, and technology transactions groups, the law firm said Monday.
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October 06, 2025
3 Firms Guide $1.3B Heidrick & Struggles PE Buyout
Heidrick & Struggles International Inc. said Monday it has agreed to be acquired in an all-cash transaction valued at about $1.3 billion, with Paul Hastings LLP steering Heidrick and two firms — Weil Gotshal & Manges LLP and Ropes & Gray LLP — advising the buying group.
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October 06, 2025
Health Data Co. Accused Of Post-Deal Doc Deletions
A post-acquisition representative for Caravan Health Inc. shareholders has asked Delaware's Court of Chancery to approve a forensic examination of records held by acquirer Signify Inc. after Signify was said to have acknowledged post-closing erasures of some Caravan employee records.
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October 06, 2025
Ares Buys 49% Stake In $2.9B EDPR Energy Portfolio
Ares Management Corp. announced Monday that a fund managed by its Infrastructure Opportunities strategy has acquired a 49% stake in a renewable energy portfolio from Spain's EDP Renováveis SA, giving the portfolio a total estimated enterprise value of about $2.9 billion.
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October 06, 2025
Sullivan, Wachtell Guide Fifth Third's $10.9B Comerica Buy
Fifth Third Bancorp and Comerica Inc. announced Monday that Fifth Third will acquire Comerica in an all‑stock transaction valued at $10.9 billion.
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October 06, 2025
Justices Won't Review Live Nation's Arbitration Terms
The U.S. Supreme Court refused Monday to grant Live Nation's request for clarity about whether federal arbitration law covers "alternative" forms of arbitration after the Ninth Circuit found Ticketmaster's consumer arbitration agreement cannot be enforced in an antitrust case.
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October 03, 2025
Up First At High Court: Election Laws & Conversion Therapy
The U.S. Supreme Court will hear oral arguments in six cases during the first week of its October 2025 term, including in disputes over federal candidates' ability to challenge state election laws, Colorado's ban on conversion therapy, and the ability of a landlord to sue the U.S. Postal Service for allegedly refusing to deliver mail.
Expert Analysis
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Series
Playing Mah-Jongg Makes Me A Better Mediator
Mah-jongg rewards patience, pattern recognition, adaptability and keen observation, all skills that are invaluable to my role as a mediator, and to all mediating parties, says Marina Corodemus.
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Business Court Bill Furthers Texas' Pro-Corporate Strategy
The Texas Legislature's recent bill to enhance corporate protections and expand access to the Texas Business Court by refining its jurisdictional standards is just the latest step in the state's playbook for becoming the new center of corporate America, say attorneys at Katten.
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FTC Staff Cuts Unlikely To Curb Antitrust Enforcement Agenda
While Federal Trade Commission Chair Andrew Ferguson's recent commitment to reducing agency staff may seem at odds with the Trump administration's commitment to antitrust enforcement, a closer analysis shows that such reductions have little chance of derailing the president's efforts, say attorneys at Squire Patton.
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Series
Law School's Missed Lessons: Navigating Client Trauma
Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators practicing in areas like civil rights and personal injury, success depends on the ability to view cases clinically and to recognize when you may need to seek help, says Katie Bennett at Robins Kaplan.
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Opinion
4 Former Justices Would Likely Frown On Litigation Funding
As courts increasingly confront cases involving hidden litigation finance contracts, the jurisprudence of four former U.S. Supreme Court justices establishes a constitutional framework that risks erosion by undisclosed financial interests, says Roland Eisenhuth at the American Property Casualty Insurance Association.
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Takeaways From EU's Review Of Merger Control Guidelines
The European Commission’s newly launched consultation on the European Union’s merger guidelines will explore whether and how merger control should consider key policy objectives, such as innovation, investment incentives and security, say lawyers at Latham.
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How Attys Can Use AI To Surface Narratives In E-Discovery
E-discovery has reached a turning point where document review is no longer just about procedural tasks like identifying relevance and redacting privilege — rather, generative artificial intelligence tools now allow attorneys to draw connections, extract meaning and tell a coherent story, says Rose Jones at Hilgers Graben.
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Identifying Data Center Investment Challenges, Opportunities
The role of data centers is expanding, as are new opportunities for private capital investors, but there are issues to consider, including finance models and contract complexity, as well as power supply, cyber threat resilience and data sovereignty, say lawyers at Ropes & Gray.
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Leveraging Diligence Findings For Better Life Sciences Deals
Life sciences parties should utilize due diligence strategically to review and draft deal documents, address issues identified during the diligence, and craft solutions to achieve the party's transactional goals, says Anna Zhao at Gunner Cooke.
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IP Due Diligence Tips For AI Assets In M&A Transactions
Artificial intelligence systems' integration into business operations creates new considerations for intellectual property due diligence in mergers and acquisitions and financing transactions, and implementing a practical approach to identifying AI assets can help avoid litigation and losses, say Armin Ghiam and Senna Hahn at Hunton.
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AbbVie Frees Taxpayers From M&A Capital Loss Limitations
The U.S. Tax Court’s June 17 opinion in AbbVie v. Commissioner, finding that a $1.6 billion break fee was an ordinary and necessary business expense, marks a pivotal rejection of the Internal Revenue Service’s position on the tax treatment of termination fees related to failed mergers or acquisitions, say attorneys at Holland & Knight.
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Capital One Deal Approval Lights Up Path For Bank M&A
The federal banking regulators' recent approval of Capital One's acquisition of Discover signals the agencies' willingness to approve large transactions and a more favorable environment generally for bank mergers under the Trump administration, say attorneys at Arnold & Porter.
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Series
Playing The Violin Makes Me A Better Lawyer
Playing violin in a string quartet reminds me that flexibility, ambition, strong listening skills, thoughtful leadership and intentional collaboration are all keys to a successful legal practice, says Julie Park at MoFo.
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DOJ's 1st M&A Declination Shows Value Of Self-Disclosures
The U.S. Department of Justice's recent decision not to charge private equity firm White Deer Management — the first such declination under an M&A safe harbor policy announced last year — signals that even in high-priority national security matters, the DOJ looks highly upon voluntary self-disclosures, say attorneys at Perkins Coie.
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Series
Law School's Missed Lessons: Practicing Self-Care
Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard at MG+M.