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Mergers & Acquisitions
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March 24, 2026
Iowa Asks 5th Circ. To Ax 'Uncertain' Schwab Antitrust Deal
Iowa's attorney general Monday pressed the Fifth Circuit to reject investors' deal with The Charles Schwab Corp. in an antitrust suit over its merger with TD Ameritrade, arguing it offers only uncertain and hypothetical relief to class members while giving named plaintiffs and class counsel a "windfall."
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March 24, 2026
Conservative Group Bucks Trump, FCC On Nexstar Deal
A major conservative group has come out swinging against the Federal Communications Commission's decision to waive the national TV broadcast ownership cap to let the merger of media giants Nexstar and Tegna move forward.
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March 24, 2026
6 Firms Guide Gilead's $2.2B Autoimmune Drug Play
Gilead Sciences Inc. has agreed to acquire privately held Ouro Medicines for up to $2.175 billion and is in advanced discussions with Galapagos NV on a potential research and development collaboration on the assets, according to an announcement late Monday from Gilead.
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March 24, 2026
Paul Hastings M&A, Energy Team Joins HSF Kramer In NY
Herbert Smith Freehills Kramer LLP announced on Tuesday that it has hired a team of transactional attorneys from Paul Hastings LLP, one of whom will head its Americas energy, mining and infrastructure team.
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March 24, 2026
Baker Botts-Led Energy Drilling Firm HMH Eyes $231M In IPO
HMH Holdings, a Houston-based oil and gas equipment manufacturer, said it is aiming to raise up to $231 million during an initial public offering set to price next week, after Baker Botts LLP and Latham & Watkins LLP advised plans for the IPO in 2024.
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March 24, 2026
$18M Deal Sparks Noncompete Fight In Del. Chancery
Enviracore Services Group LLC has sued the former owner of an environmental services company it bought for about $18 million, accusing him of flouting a noncompete agreement, diverting business and withholding key assets in a dispute now before the Delaware Court of Chancery.
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March 24, 2026
Apollo $3.7B Nippon Deal Marks Its Largest Japan Investment
Apollo said it has agreed to purchase Japan's Nippon Sheet Glass Co. at a $3.7 billion enterprise value, in a transaction that the private equity firm said would be its largest-ever private equity investment in Japan.
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March 24, 2026
Janus Agrees To Bolstered Trian, General Catalyst Proposal
Janus Henderson said Tuesday it has agreed to a higher cash offer from Trian Fund Management and General Catalyst Group following its review of a competing proposal from Victory Capital Management.
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March 24, 2026
Estée Lauder Confirms Merger Talks With Spain's Puig
U.S. cosmetics giant Estée Lauder has confirmed it is in talks to merge with Puig, a Spanish fashion and beauty group, to create a combined business with sales of around $20 billion.
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March 23, 2026
DC Circ. Told It Must Put A Stop On Nexstar-Tegna Merger
The Federal Communications Commission broke the law when it waived the 39% ownership cap that limits broadcasters to a certain share of the national market in order to approve Nexstar's $6.2 billion acquisition of Tegna, according to two new appeals.
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March 23, 2026
Insurers Seek Early Win In $22M Berkshire Antitrust Case
A group of insurers sued by a Berkshire Hathaway-owned construction supplier have asked a Colorado federal judge for an early win in the suit, claiming they have no duty to indemnify the damages in an underlying antitrust suit.
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March 23, 2026
FTC's Meador Says Breakups Not So 'Extreme'
Federal Trade Commission member Mark R. Meador continued Monday to vouch for corporate breakups as a remedy in antitrust conduct cases, maintaining in Washington, D.C., remarks that structural fixes are often the "cleanest" option, one that can be presented to increasingly skeptical judges as the only statutory pathway.
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March 23, 2026
EV Co. Faraday Future Says SEC Probe Ended Without Action
The U.S. Securities and Exchange Commission is not recommending an enforcement action against electric vehicle startup Faraday Future Intelligent Electric Inc. after years of investigation, the company has told investors.
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March 23, 2026
FTC Stays Focused On Healthcare, Launches Task Force
The Federal Trade Commission announced it is launching a new task force with staff from across the agency to coordinate healthcare policy approaches and initiate investigations meant to help protect patients, healthcare workers and American taxpayers.
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March 23, 2026
Delivery Hero Selling Taiwan Unit To Grab For $600M
German delivery company Delivery Hero SE said Monday it has agreed to sell its food delivery operations in Taiwan, operating under the Foodpanda brand, to Grab Holdings Ltd. for $600 million in cash.
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March 23, 2026
Sidley, Kirkland Steer $1.1B Sale Of EyeSouth's Retina Biz
Private equity shop Olympus Partners, advised by Kirkland & Ellis LLP, on Monday unveiled plans to sell the retina business of EyeSouth Partners to Sidley Austin LLP-led Cencora Inc. in a $1.1 billion deal.
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March 23, 2026
REIT Bidding War Advances With 'Superior' Offer, New Entry
Mortgage servicing-focused real estate investment trust Two Harbors Investment Corp. said an unnamed third contestant has made an offer to acquire the company after it determined on Monday that CrossCountry Mortgage outbid a previous December offer from UWM Holdings Corp. of $1.3 billion.
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March 23, 2026
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court's docket this past week featured high-stakes disputes involving major consumer brands, a reinstated video game executive, revived noncompete and compensation claims and fresh allegations of corporate misconduct in the healthcare sector.
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March 23, 2026
Anglo American To Leave Swiss Exchange In Teck Merger
British multinational mining giant Anglo American said Monday that it will cease publicly trading its shares in Switzerland after the SIX Swiss Exchange approved the miner's request to remove its listing as part of its $52 billion merger with a Canadian company.
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March 23, 2026
Berkshire Buying $1.8B Stake In Japan's Tokio Marine
Berkshire Hathaway plans to acquire a roughly 2.5% stake in Tokio Marine for more than $1.8 billion as part of a new strategic partnership, in a move that could expand their access to global deals, the Japanese insurance giant announced Monday.
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March 20, 2026
Nexstar Won Over DC, But Faces Big Task In Local TV Markets
Broadcast behemoth Nexstar had plenty to celebrate in Washington, D.C., on Thursday with twin regulatory approvals pivotal to its plan to take over rival Tegna, but even if the deal survives legal challenges, it will face scrutiny in local TV markets.
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March 20, 2026
States Want To Halt Nexstar-Tegna Integration For Challenge
State enforcers asked a California federal court Friday to stop Nexstar Media Group Inc. from integrating with rival broadcast company Tegna Inc., after the companies closed their $6.2 billion merger despite a pair of lawsuits challenging the deal.
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March 20, 2026
Jury Says Musk Defrauded Twitter Investors In $44B Buyout
A California federal jury found on Friday that Elon Musk committed securities fraud in a civil trial over claims the tech billionaire made false or misleading statements about Twitter's fake "bot" accounts problem in a bid to ditch or renegotiate his $44 billion deal to acquire the social media platform.
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March 20, 2026
Albertsons Subpoenas Ex-Kroger CEO In Merger Fight
Albertsons Cos. Inc. has subpoenaed former Kroger Co. CEO Rodney McMullen in Delaware Chancery Court to sit for a two-day deposition next month, intensifying discovery in its Delaware lawsuit over the collapse of the companies' proposed $24.6 billion merger.
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March 20, 2026
Duane Morris Bolsters SF Team With Hanson Bridgett Hire
Duane Morris LLP is growing its West Coast team, bringing in a Hanson Bridgett LLP transactions attorney as a partner in its San Francisco office.
Expert Analysis
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10 Commandments For Agentic AI Tools In The Legal Industry
Though agentic artificial intelligence has demonstrated significant promise for optimizing legal work, it presents numerous risks, so specific ethical obligations should be built into the knowledge base of every agentic AI tool used in the legal industry, says Steven Cordero at Akerman LLP.
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Series
Preaching Makes Me A Better Lawyer
Becoming a Gospel preacher has enhanced my success as a trial lawyer by teaching me the importance of credibility, relatability, persuasiveness and thorough preparation for my congregants, the same skills needed with judges and juries in the courtroom, says Reginald Harris at Stinson.
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FTC Focus: Amazon's $2.5B Pact Broadens Regulatory Span
Amazon's $2.5 billion deal with the Federal Trade Commission offers takeaways for counsel managing risk across both consumer protection and competition portfolios, including that design strategies once evaluated solely for conversion may now be scrutinized for their competitive effects, say attorneys at Proskauer.
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Series
Law School's Missed Lessons: Practicing Client-Led Litigation
New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.
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Meta Monopoly Ruling Highlights Limits Of Market Definition
A D.C. federal court's recent ruling that Meta is not monopolizing social media raises questions, such as why market definition matters and whether we have the correct model of competition, which can aid in making a stronger case against tech companies, says Shubha Ghosh at the Syracuse University College of Law.
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Series
The Law Firm Merger Diaries: How To Build On Cultural Fit
Law firm mergers should start with people, then move to strategy: A two-level screening that puts finding a cultural fit at the pinnacle of the process can unearth shared values that are instrumental to deciding to move forward with a combination, says Matthew Madsen at Harrison.
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The Future Of Digital Asset Oversight May Rest With OCC
How the Office of the Comptroller of the Currency handles fintechs' growing interest in national trust bank charters, demonstrated by a jump in filings this year, will determine how far the federal banking system extends to digital assets, and whether the charter becomes a mainstream supervisory pathway, say attorneys at Sheppard Mullin.
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Considerations When Invoking The Common-Interest Privilege
To successfully leverage the common-interest doctrine in a multiparty transaction or complex litigation, practitioners should be able to demonstrate that the parties intended for it to apply, that an underlying privilege like attorney-client has attached, and guard against disclosures that could waive privilege and defeat its purpose, say attorneys at DLA Piper.
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Series
The Law Firm Merger Diaries: Making The Case To Combine
When making the decision to merge, law firm leaders must factor in strategic alignment, cultural compatibility and leadership commitment in order to build a compelling case for combining firms to achieve shared goals and long-term success, says Kevin McLaughlin at UB Greensfelder.
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5 Bonus Plan Compliance Issues In Financial Services
As several legal constraints — including a new California debt repayment law taking effect in January — tighten around employment practices in the fiercely competitive financial services sector, the importance of compliant, well-drafted bonus plans has never been greater, say attorneys at Jackson Lewis.
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Opinion
Despite Deputy AG Remarks, DOJ Can't Sideline DC Bar
Deputy Attorney General Todd Blanche’s recent suggestion that the D.C. Bar would be prevented from reviewing misconduct complaints about U.S. Department of Justice attorneys runs contrary to federal statutes, local rules and decades of case law, and sends the troubling message that federal prosecutors are subject to different rules, say attorneys at HWG.
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From Bank Loans To Private Credit: Tips For Making The Shift
The relationship between private credit and syndicated bank deals will evolve as the private market continues to grow, introducing new challenges for borrowers comparing financing options, particularly pertaining to loan documentation and working capital, say attorneys at Haynes Boone.
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Rule Amendments Pave Path For A Privilege Claim 'Offensive'
Litigators should consider leveraging forthcoming amendments to the Federal Rules of Civil Procedure, which will require early negotiations of privilege-related discovery claims, by taking an offensive posture toward privilege logs at the outset of discovery, says David Ben-Meir at Ben-Meir Law.
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Series
My Miniature Livestock Farm Makes Me A Better Lawyer
Raising miniature livestock on my farm, where I am fully present with the animals, is an almost meditative time that allows me to return to work invigorated, ready to juggle numerous responsibilities and motivated to tackle hard issues in new ways, says Ted Kobus at BakerHostetler.
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Litigation Funding Could Create Ethics Issues For Attorneys
A litigation investor’s recent complaint claiming a New York mass torts lawyer effectively ran a Ponzi scheme illustrates how litigation funding arrangements can subject attorneys to legal ethics dilemmas and potential liability, so engagement letters must have very clear terms, says Matthew Feinberg at Goldberg Segalla.