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Mergers & Acquisitions
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March 18, 2026
Capital One Beats Consumer Suit Over Discover Deal, Again
Capital One has persuaded a California federal judge once again to squash a suit brought by credit card users who say that the company's $35 billion purchase of Discover is bad news for them and ought to be unwound, but the court is giving the consumers one last chance.
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March 18, 2026
Dorsey & Whitney Hires Seattle Perkins Coie IP, Tech Attorney
Dorsey & Whitney LLP added Cyrus Ansari as a partner in its technology commerce group, the firm announced Tuesday, touting the attorney's experience in technology transactions and intellectual property litigation.
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March 18, 2026
Zillow Preview Appeases Compass Enough To Drop Ban Suit
Compass dropped its New York federal court antitrust lawsuit against Zillow on Wednesday, satisfied that a new "preview" feature for pre-market home listings was enough of a departure from a contested rule that banned listings from appearing on Zillow if they had been marketed elsewhere for more than a day.
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March 18, 2026
Nippon Permanently Ducks Consumers' US Steel Merger Suit
A California federal judge has given Nippon Steel a permanent reprieve from consumers challenging its now-completed purchase of U.S. Steel Corp., concluding the lawsuit still hasn't made the connection from the merger's potential impacts on steel to the prices consumers spend buying steel-containing products and riding in steel-containing vehicles.
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March 18, 2026
Elliott Discloses 'Significant' Stake In Japanese Shipper Mitsui
Activist hedge fund Elliott Investment Management LP has disclosed that funds it advises have built a "significant" investment in Japanese shipping company Mitsui O.S.K. Lines Ltd.
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March 18, 2026
Biotech Investor Blames Pierce Atwood For Messy Asset Sale
A Ukrainian billionaire who was recently ordered to pay other investors in a failed genetic testing company more than $1.8 million in damages is blaming the Pierce Atwood LLP lawyers who advised him on what a court later found to be a "fundamentally unfair" forced asset sale.
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March 18, 2026
KKR Plugs $310M Into Partnership With Indian E-Bus Biz
Private equity giant KKR on Wednesday unveiled a strategic partnership with Indian electric commercial vehicle maker PMI Electro Mobility Solutions Private Ltd. and Allfleet in which KKR will plug up to $310 million to help grow Allfleet's electric bus platform and advance PMI Electro's manufacturing capabilities.
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March 18, 2026
CyberLink Targets Former Unit Perfect Corp. In $198.6M Bid
Beauty and fashion-focused artificial intelligence company Perfect Corp. said Wednesday it is weighing a roughly $198.6 million take-private offer backed by its CEO and CyberLink International Technology Corp.
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March 17, 2026
Were Musk's Tweets 'Deliberate' Or 'Stupid'? Jury To Decide
Elon Musk made "deliberate and carefully devised" statements to drive down Twitter's stock price after offering $44 billion for the company, Twitter investors' counsel told a California federal jury during closing arguments Tuesday, while Musk's lawyer insisted that there's no evidence of securities fraud and that it's not a crime to "tweet stupid things."
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March 17, 2026
EY Beats Brooge Petroleum, SPAC Merger Fraud Suit
A New York federal judge Tuesday tossed a suit against EY's Middle East affiliates that claimed they botched audits of United Arab Emirates-based Brooge Petroleum before its merger with a blank check company to enable a fraudulent scheme against investors, finding that the suit's claims are time-barred or inadequately pled.
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March 17, 2026
Lawmakers Want More Oversight For Antitrust Settlements
Democratic lawmakers proposed legislation Tuesday that would give courts more power to review settlements reached in government antitrust cases, after the U.S. Department of Justice recently cut a pair of controversial deals, including with Live Nation last week.
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March 17, 2026
Manatt Adds 3 Entertainment Attys In LA From Nixon Peabody
Manatt Phelps & Phillips LLP has expanded its entertainment group by adding a team of four entertainment attorneys to its Los Angeles office, three of them coming from Nixon Peabody LLP.
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March 17, 2026
Skechers Controllers Accused Of Unfair $9.4B 3G Buyout
A Detroit pension fund is challenging the $9.4 billion take-private sale of Skechers U.S.A. Inc. to 3G Capital in Delaware Chancery Court, alleging the footwear company's controlling stockholders engineered an unfair deal that favored themselves at the expense of minority investors.
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March 17, 2026
Barnes & Thornburg Brings On M&A Pros In Georgia, Illinois
Barnes & Thornburg LLP announced Tuesday that it has boosted its mergers and acquisitions capabilities with new partners in Atlanta and Chicago.
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March 17, 2026
Alcon Drops $430M Lensar Deal Under Pressure From FTC
Swiss eye care company Alcon Inc. has abandoned its planned purchase of a Florida-based maker of laser treatments for cataracts, Lensar Inc., after the Federal Trade Commission threatened to block the $430 million deal.
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March 17, 2026
Drug Developer GNQ To Go Public Via $500M SPAC Deal
Techbio company GNQ Insilico has announced plans to go public by merging with special-purpose acquisition company IB Acquisition Corp. in a deal that values it at $500 million and was built by four law firms.
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March 17, 2026
Zoox Stockholders Push For Amazon Ex-Exec's Texts, Emails
A pair of Zoox Inc. stockholders have asked the Delaware Chancery Court to force Amazon.com Inc. to provide additional documents in litigation challenging its $1.3 billion acquisition of the self-driving vehicle startup, arguing that a former Amazon executive's communications could shed light on particulars of the allegedly conflict-tainted deal.
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March 17, 2026
Mastercard To Acquire BVNK For Up To $1.8B
Mastercard said Tuesday that it has agreed to acquire stablecoin infrastructure firm BVNK for up to $1.8 billion as the global payments giant looks to expand its "end-to-end support of digital assets" and connect blockchain-based payments with more traditional financial platforms.
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March 17, 2026
Reed Smith Launches In Boston With 12 Attys From 7 Firms
Reed Smith LLP has launched its first office in Boston with 12 lawyers from White & Case, Goodwin Procter, McDermott Will & Schulte, Morrison Foerster, Kirkland & Ellis, Weil Gotshal & Manges and K&L Gates, the firm announced Tuesday.
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March 17, 2026
Victory Bolsters Janus Henderson Bid As Willkie Advises
Victory Capital Holdings urged Janus Henderson Group on Tuesday to engage on a revised takeover proposal that boosts the cash portion of its bid while trimming the stock component, a move that Victory said provides greater value certainty to Janus and its shareholders.
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March 16, 2026
Don't 'Grimace, Nod, Laugh': Judge Breyer Slams Musk's Attys
U.S. District Judge Charles Breyer scolded Elon Musk's Quinn Emanuel counsel during a hearing Monday ahead of closing arguments in California litigation alleging that Musk tanked Twitter's stock to get out of his $44 billion acquisition deal, saying he wouldn't "sit here and watch lawyers grimace, nod, laugh in court."
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March 16, 2026
Live Nation Trial Resumes, Exec Says Competition Is Up
The antitrust trial of Live Nation picked back up Monday after a weeklong hiatus with a coalition of states in the driver's seat, after the U.S. Department of Justice settled its case against the live entertainment giant, with one of its executives testifying that competition in the concert promotion business has grown in recent years.
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March 16, 2026
Flyers Say Alaska Airlines Can't Ditch Merger Challenge
Airline passengers told a Hawaii federal judge that they have sufficiently alleged that Alaska Airlines' 2024 acquisition of Hawaiian Airlines has diminished consumer choice on a dozen routes, giving the Seattle-based airline "monopolistic dominance" over the West Coast market in violation of antitrust laws.
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March 16, 2026
Capital One's $5B Brex Purchase Must Be Blocked, Judge Told
A group of consumers wants a California federal judge to bar Capital One's proposed $5.15 billion acquisition of fintech company Brex, arguing it violates antitrust laws, after the group's first bid to halt the bank's purchase of Discover Financial Services failed.
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March 16, 2026
Italy's Amplifon Buying Danish Hearing Device Biz For $2.6B
Italy's Amplifon said Monday it has agreed to acquire the hearing device business of Denmark's GN Store Nord in a deal valuing the unit at about €2.3 billion ($2.6 billion), in a move aimed at creating a vertically integrated global leader in audiology.
Expert Analysis
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Series
Law School's Missed Lessons: Networking 101
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.
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Defeating Estoppel-Based Claims In Legal Malpractice Actions
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.
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Series
The Biz Court Digest: How It Works In Massachusetts
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.
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Why Appellees Should Write Their Answering Brief First
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.
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FTC Focus: M&A Approvals A Year After Trump's Election
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.
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Series
Mindfulness Meditation Makes Me A Better Lawyer
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.
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HSR Data Shows Most Deals Exit Antitrust Review Unscathed
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.
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AI Litigation Tools Can Enhance Case Assessment, Strategy
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.
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Attys Beware: Generative AI Can Also Hallucinate Metadata
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.
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DOJ's UnitedHealth Settlement Highlights New Remedies Tack
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.
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When Atty Ethics Violations Give Rise To Causes Of Action
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.
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A Shift To Semiannual Reporting May Reshape Litigation Risk
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.
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TikTok Divestiture Deal Revolves Around IP Considerations
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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CFIUS Trends May Shift Under 'America First' Policy
The arrival of the Committee on Foreign Investment in the United States' latest annual report suggests that the Trump administration's "America First" policy will have a measurable effect on foreign investment, including improved trendlines for investments from allied sources and increasingly negative trendlines for those from foreign adversary sources, say attorneys at Debevoise.
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Lessons From Del. Chancery Court's New Activision Decision
The Delaware Court of Chancery's recent decision in AP-Fonden v. Activision Blizzard, declining to dismiss certain fiduciary duty claims at the pleading stage, offers takeaways for boards considering a sale, including the importance of playing an active role in the merger process and documenting key board materials, say attorneys at Cleary.