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Mergers & Acquisitions
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January 21, 2026
2 Firms Guide $450M Deal For Coney Island Hot Dog Slinger
Hunton Andrews Kurth LLP and Akerman LLP are advising on a new deal for Smithfield Foods Inc. to buy Nathan's Famous Inc. at an enterprise value of approximately $450 million, the companies said Wednesday.
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January 21, 2026
V&E Lands Gov't Contracts Co-Chair From Greenberg Traurig
Vinson & Elkins LLP has hired the co-chair of Greenberg Traurig LLP's government contracts practice in Washington, D.C., team to help colead V&E's practice, the firm has announced.
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January 21, 2026
UK Investment Trust Rejects Saba's Bid To Unseat Board
Shareholders in Edinburgh Worldwide Investment Trust PLC have rejected a slate of resolutions from U.S. activist investor Saba Capital Management LP, affirming confidence in the existing board and its strategic direction, the company has said.
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January 20, 2026
Adviser Can't Freeze Funds From $2.1B Plymouth REIT Buy
A Massachusetts state judge declined Tuesday to set aside $60 million from a pending $2.1 billion deal to take Plymouth Industrial REIT private, finding the criteria to escrow the funds as a "debt" to Plymouth's financial adviser were not met.
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January 20, 2026
Trump Media Investor Says Insider Trading Trial Was Flawed
A Florida trader sentenced to over two years in prison for insider trading on confidential plans to take President Donald Trump's media company behind Truth Social public urged the Second Circuit on Tuesday to reverse his conviction, saying the lower court wrongly excluded evidence at trial that backed his claims of acting in good faith.
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January 20, 2026
Willkie Accused Of Aiding $735M Fraud In Buyout Deal
Willkie Farr & Gallagher LLP on Tuesday was accused of aiding a $735 million fraud carried out by an investment manager to secure financing for a 2023 take-private transaction involving Franchise Group Inc., which was then used to pay off the manager's personal debts.
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January 20, 2026
FTC Appeals Meta Loss To DC Circ.
The Federal Trade Commission gave notice Tuesday that it would seek D.C. Circuit intervention over a federal judge's rejection of its lawsuit accusing Meta Platforms Inc. of illegally monopolizing personal social media through what the agency described as a buy-or-bury strategy behind the Facebook parent's purchases of Instagram and WhatsApp.
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January 20, 2026
Law360 Names Firms Of The Year
Eight law firms have earned spots as Law360's Firms of the Year, with 48 Practice Group of the Year awards among them, achieving milestones such as high-profile litigation wins at the U.S. Supreme Court and 11-figure merger deals.
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January 20, 2026
Sullivan Steers IT Co. ASGN On $290M Deal With Quinnox
IT services company ASGN Inc. said Tuesday that it has agreed to acquire Quinnox Inc. for $290 million in cash, under the legal guidance of Sullivan & Cromwell LLP.
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January 20, 2026
Latham & Watkins Adds M&A Insurance Partner To Firm
Latham & Watkins LLP said Tuesday it has hired a Clifford Chance LLP partner with extensive experience in reinsurance transactions to strengthen the firm's mergers & acquisitions and private equity practice.
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January 20, 2026
McDonald Hopkins Forms Practice Group For Law Firm MSOs
Midwestern firm McDonald Hopkins LLC announced Tuesday that it has launched a practice group focused on handling deals between law firms and prospective private equity investors, which the firm said is a natural extension of its work on litigation funding deals and private equity investment in other professional services.
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January 20, 2026
Massumi & Consoli Lands M&A Pro In Los Angeles
Massumi & Consoli LLP announced Monday that it has added an attorney who previously operated his own talent management business for athletes and also spent time at Paul Hastings LLP and Skadden Arps Slate Meagher & Flom LLP to enhance its capacity to handle mergers and acquisitions.
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January 20, 2026
Netflix Revises $83B Warner Bros. Deal To All Cash
Netflix and Warner Bros. Discovery have revised their $82.7 billion merger agreement into an all-cash deal, a move that could ease shareholder concerns over the prior stock component's susceptibility to market fluctuations.
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January 20, 2026
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court wrapped up last week with a mix of deal litigation, governance fights and disclosure battles, including a proposed settlement over a contested medical device sale, a merits dismissal tied to a $2 billion biotech exit and dueling lawsuits over Paramount Skydance's pursuit of Warner Bros. Discovery.
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January 20, 2026
A&O Shearman Steers GSK's $2.2B Rapt Therapeutics Deal
GSK PLC said Tuesday it has agreed to acquire U.S.-based Rapt Therapeutics Inc. in a deal valued at $2.2 billion, in a bid to strengthen the British drugmaker's portfolio of respiratory, immunology and inflammation medicines.
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January 16, 2026
Law360 Names Practice Groups Of The Year
Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2025, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughout the legal industry this past year.
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January 16, 2026
Rail Regulator Tells UP, Norfolk Southern To Redo Merger Bid
A rail regulator said Friday that Union Pacific and Norfolk Southern still haven't shared crucial details or projected revenue and traffic numbers related to their proposed mega-merger, so their application must be rejected for now as "incomplete."
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January 16, 2026
House Dems Press STB On $85B Railway Mega-Merger
Congressional Democrats have urged the U.S. Surface Transportation Board to pressure the Union Pacific and Norfolk Southern railroads for greater clarity about their proposed merger, joining a chorus of left-leaning organizations that have sought to throw cold water on the $85 billion deal.
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January 16, 2026
Pinnacle Ch. 11 Buyer's Repair Pledge Enough For Sale OK
A New York bankruptcy judge approved the $451 million sale of 93 properties in the Chapter 11 case of real estate entities affiliated with Pinnacle Group, saying the buyer's plan to invest $30 million in repairs and maintenance for the buildings is enough to adequately assure residents it will perform its management obligations.
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January 16, 2026
Eversource Gets 2nd Shot To Advance $2.4B Water Co. Sale
Connecticut regulators incorrectly blocked the proposed $2.4 billion sale of Eversource subsidiary Aquarion Co. to a new water authority created by the state Legislature, a judge has ruled, ordering the Public Utilities Regulatory Authority to take a fresh look at the transaction under guidelines imposed by the state Legislature.
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January 16, 2026
Infinite Eagle SPAC Raises $300M In Latest IPO
Infinite Eagle Acquisition Corp., the tenth blank check company helmed by Jeff Sagansky and Harry Sloan, began trading publicly Friday after raising $300 million in its initial public offering.
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January 16, 2026
Smaller AI Deals Have Surged As Cos. Seek Talent, Tech Edge
While multibillion-dollar artificial intelligence deals and partnerships continue to draw attention, AI dealmaking at the lower end of the market has surged in volume, as buyers seek incremental technological advantages amid the AI arms race.
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January 16, 2026
Taxation With Representation: Stibbe, A&O Shearman, Latham
In this week's Taxation With Representation, Keurig Dr Pepper Inc. plans to complete its deal to snap up coffee company JDE Peet's NV, Boston Scientific Corp. acquires medical device company Penumbra Inc., and fitness and wellness platform parent Playlist merges with fitness technology company EGYM.
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January 16, 2026
Chipmaker SEEQC Merges With Blank Check Co. In $1B Deal
Chipmaker SEEQC Inc. announced Friday that it has agreed to merge with special purpose acquisition company Allegro Merger Corp. in a deal that values it at $1 billion and was built by four law firms.
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January 16, 2026
ICG Sells Austrian HQ Back To Former Owner For $160M
Alternative asset manager ICG said Friday that it has sold the Austrian headquarters of manufacturer Innio Group back to the company for $160 million.
Expert Analysis
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How Banks Can Safely Handle Payments For Gambling Biz
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.
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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.