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Mergers & Acquisitions
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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March 30, 2026
VICI Inks $144M Sale-Leaseback In Canadian Casino Co. Buy
Casino-focused real estate investment trust VICI Properties said Monday that 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.
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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.
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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).
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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.
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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.
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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.
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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.
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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.
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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.
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March 27, 2026
Credit Suisse Gets Bondholders' NJ RICO Claim Axed
An investor lawsuit accusing Credit Suisse of concealing its financial strains leading up to its takeover by UBS AG was trimmed by a New York federal judge, who found the suit failed to support its New Jersey racketeering claim.
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March 27, 2026
Norwegian Cruise Line, Elliott Cut Deal To Revamp Board
Norwegian Cruise Line said Friday it has reached an agreement with Elliott Investment Management LP for a board shake-up, after the activist investor revealed a more than 10% stake in the cruise operator last month.
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March 27, 2026
Latest Inflection Point SPAC Leads 3 Offerings Totaling $520M
Inflection Point Acquisition VI, the latest special purpose acquisition company led by Chairman Michael Blitzer, began trading publicly on Friday after raising $220 million in its initial public offering, marking the largest of three SPACs to hit the public markets Friday, totaling $520 million.
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March 27, 2026
3 Firms Advise On $1.1B Acquisition Between Canadian REITs
Halifax, Canada-based Clarke Inc. said Friday it has agreed to acquire financially struggling Ravelin Properties, another Canadian real estate investment trust, in a deal valuing the combined company at $1.7 billion and advised by Bennett Jones LLP, Voorheis & Co. LLP and Thornton Grout Finnigan LLP.
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March 27, 2026
Polsinelli Hires Practice Head From McDermott In NY
Polsinelli PC has hired a longtime McDermott Will & Schulte LLP attorney to co-lead its special situations and alternative investment practice, saying the move "further advanc[es] the firm's strategic focus on private credit, distressed investing, and complex restructuring matters."
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March 27, 2026
UK Litigation Roundup: Here's What You Missed In London
The past week in London has seen Apple hit back at a tech company's wireless charging patent claim, a flurry of businesses bring COVID-19 pandemic insurance claims as a key deadline draws closer and Ipulse Partners LLP file a claim against a luxury yacht company it represented in a trademark dispute. Here, Law360 looks at these and other new claims in the U.K.
Expert Analysis
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Series
Law School's Missed Lessons: The Human Element
Law school teaches you to quickly apply intellect and logic when handling a legal issue, but every fact pattern also involves a person, making the ability to balance expertise with empathy critical to the growth of relationships with clients, colleagues and adversaries, says Rachel Adcox at Adcox Strategies.
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The Benefits Of Choosing A Niche Practice In The AI Age
As artificial intelligence becomes increasingly accessible, lawyers with a niche practice may stand out as clients seek specialized judgment that automation cannot replicate, but it is important to choose a niche that is durable, engaging and a good personal fit, says Daniel Borneman at Lowenstein Sandler.
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Section 122 Tariffs Show Shift In Strategy, Not Trade Policy
By imposing temporary tariffs under Section 122 of the Trade Act as a stopgap measure while it pivots to less transitory statutory authorities, the Trump administration sent a clear message that the U.S. Supreme Court’s decision in Learning Resources v. Trump, invalidating duties imposed under the International Emergency Economic Powers Act, will not precipitate a change in policy direction, say attorneys at Snell & Wilmer.
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Antitrust Crime Enforcement May Escalate Under New Chief
While the recent departure of the Justice Department’s Antitrust Division chief created uncertainty about enforcement priorities, the debut speech from the new acting division head revealed that companies can only expect the division’s focus on vigorous criminal prosecution and offender deterrence to grow, say attorneys at Sidley.
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Series
Podcasting Makes Me A Better Lawyer
Podcasting has changed how I ask questions and connect with people, sharpening my ability to listen without interrupting or prejudging, and bringing me closer to what law is meant to be: a human profession grounded in understanding, judgment and trust, says Donna DiMaggio Berger at Becker.
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Strategies For Retailers, Landlords In M&A Portfolio Reduction
With more retailers likely to merge or be acquired in 2026, both landlords and companies looking to renegotiate their real estate footprints can strike successful deals through advance planning, understanding rights allocations and maintaining realistic leverage assessment, say attorneys at Jenner & Block.
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Lessons From Justices' Split On Major Questions Doctrine
The justices' varied opinions in Learning Resources v. Trump, which held the International Emergency Economy Powers Act did not confer the power to impose tariffs, offer a meaningful window into the U.S. Supreme Court's perspective on the major questions doctrine that will likely shape lower courts' approach to executive action challenges, say attorneys at Venable.
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How The New Tariff Landscape May Unfold
To replace tariffs formerly imposed under the International Emergency Economic Powers Act, the administration will rely on a patchwork of statutes, potentially leading to procedural challenges and a complex tariff landscape with varying levels, durations and applicability, says Joseph Grossman-Trawick at King & Spalding.
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The Cautionary Tale Of A Supply Chain Inquiry 'Made In Italy'
Legal probes into the Italian luxury fashion supply chain reflect the need for effective buy-side diligence with a variety of tools and through a variety of lenses to avoid an issue after an M&A transaction, says Jesse Silvertown at Hesparus.
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Del. Justices' Upholding Of SB 21 Gives Cos. Needed Clarity
The Delaware Supreme Court's recent unanimous decision in Rutledge v. Clearway Energy — upholding 2025 corporate law amendments enacted through S.B. 21, which clarified safe harbor protections and key terms — may help stem the DExit movement, whose proponents have claimed unpredictability in Delaware courts, say attorneys at Nelson Mullins.
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PFAS Risks In M&A Amid Litigation, Legislative Developments
Per- and polyfluoroalkyl substances have become a significant M&A concern amid new trends in settlements and state laws, and potential buyers must find ways to evaluate potential related risks, say attorneys at Debevoise.
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Series
Volunteering With Scouts Makes Me A Better Lawyer
Serving as an assistant scoutmaster for my son’s troop reaffirmed several skills and principles crucial to lawyering — from the importance of disconnecting to the value of morality, says Michael Warren at McManis Faulkner.
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Series
Law School's Missed Lessons: In Court, It's About Storytelling
Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn the importance of clarity, credibility, memorability and preparation — in other words, how to tell simple, effective stories, say Nicholas Steverson and Danielle Trujillo at Wheeler Trigg, and Lisa DeCaro at Courtroom Performance.
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How Recent Del. Rulings Clarify M&A Deal Fraud Carveouts
Two recent Delaware decisions have provided clarity regarding when a party can or cannot rely on representations made during the course of an M&A transaction, particularly on the scope and enforceability of antireliance provisions, and on representations they knew or should have known were false, says Anthony Boccamazzo at Olshan Frome.
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Aligning Microsoft Tools With NYC Bar AI Recording Guidance
The New York City Bar Association’s recently issued formal opinion, providing ethical guidance on artificial intelligence-assisted recording, transcription and summarization, raises immediate questions about data governance and e-discovery for companies that use Microsoft 365 and Copilot, say Staci Kaliner, Martin Tully and John Collins at Redgrave.