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Mergers & Acquisitions
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April 01, 2026
Intel Paying $14.2B To Buy Apollo's Stake In Irish Chip Plant
Intel Corp. said Wednesday that it has agreed to pay $14.2 billion to repurchase from Apollo a 49% equity interest in the companies' joint venture at the Fab 34 chip manufacturing plant in Ireland, in a deal steered by three law firms.
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March 31, 2026
Del. Chancery Tosses B. Riley Investor Loss Suit
The Delaware Chancery Court dismissed a stockholder derivative lawsuit accusing B. Riley Financial Inc. insiders and directors of breaching their fiduciary duties over hundreds of millions of dollars in losses tied to the failed Franchise Group investment, ruling that the claims amounted to an impermissible hindsight critique of a risky business decision.
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March 31, 2026
Anesthesia Parent Can't Duck Antitrust Suit, But Affiliate Can
The parent company of U.S. Anesthesia Partners Inc. remains in the crosshairs of a private antitrust suit accusing it of trying to monopolize Texas anesthesia services, while a federal judge dismissed for now claims against an affiliate that he said was too far removed from the alleged rollup strategy.
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March 31, 2026
Auto Platform Carvix To Go Public Via $1B SPAC Merger
Technology-driven automotive platform Carvix Inc. on Tuesday unveiled plans to go public by merging with special purpose acquisition company Crown Reserve Acquisition Corp. I in a deal that values it at an implied enterprise value of $1 billion and was built by three law firms.
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March 31, 2026
Cruz, Dems Rip FCC's Staff-Level OK Of $6.2B Nexstar Deal
Sen. Ted Cruz, R-Texas, joined Senate Democrats to attack the Federal Communications Commission's decision to approve the planned $6.2 billion tie-up of broadcast chains Nexstar and Tegna at the staff level without a vote by the regulatory body.
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March 31, 2026
Biogen Paying $5.6B For Apellis As 4 Firms Advise
Biogen Inc. said Tuesday that it has agreed to acquire Apellis Pharmaceuticals Inc. in a cash transaction valued at about $5.6 billion, with four law firms steering the transaction focused on key therapies for kidney and eye disorders.
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March 31, 2026
Libre Sale Voided Under $811M CFPB, State AG Judgment
A Virginia federal judge has overturned the sale of an immigration bond company found liable for predatory lending practices, ruling the transaction knowingly violated the terms of an $811 million judgment entered just days before the deal was signed.
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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 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.
Expert Analysis
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Aviation Watch: Busy Skies, Tough Market For Airlines In 2026
After a turbulent year in the U.S. commercial aviation sector, demand for air travel and premium service shows no signs of slackening in 2026, with airlines facing the need to compete in a saturated market, while seeking opportunities for consolidation and pursuing other avenues to profitability, says Alan Hoffman, a retired attorney and aviation expert.
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Viewing The Merger Landscape Through An HPE-Juniper Lens
If considerations beyond antitrust law were taken into account to determine whether Section 7 of the Clayton Act was violated in the Hewlett Packard Enterprise-Juniper Networks deal, then legal practitioners advocating deal clearance may now have to argue that deals should be justified by considerations not set forth in the merger guidelines, says Matthew Cantor of Shinder Cantor.
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4 Quick Emotional Resets For Lawyers With Conflict Fatigue
Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.
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Rescheduling Cannabis Marks New Tax Era For Operators
As the attorney general takes steps to move cannabis from Schedule I to Schedule III of the Controlled Substances Act, operators and advisers should prepare by considering the significant changes this will bring from tax, state, industry and market perspectives, says Michael Harlow at CohnReznick.
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Series
Playing Tennis Makes Me A Better Lawyer
An instinct to turn pain into purpose meant frequent trips to the tennis court, where learning to move ahead one point at a time was a lesson that also applied to the steep learning curve of patent prosecution law, says Daniel Henry at Marshall Gerstein.
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Series
Judges On AI: How Judicial Use Informs Guardrails
U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.
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Series
Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief
My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.
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Series
Law School's Missed Lessons: How To Start A Law Firm
Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.
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Opportunities Amid The Challenges Of Trump's BIS Shake-Up
The Trump administration’s continuing overhaul of the Bureau of Industry and Security has created enormous practical challenges for export compliance, but it potentially also offers a once-in-a-generation opening to advocate for simplifying and rationalizing U.S. export controls, say attorneys at Gibson Dunn.
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Series
Hosting Exchange Students Makes Me A Better Lawyer
Opening my home to foreign exchange students makes me a better lawyer not just because prioritizing visiting high schoolers forces me to hone my organization and time management skills but also because sharing the study-abroad experience with newcomers and locals reconnects me to my community, says Alison Lippa at Nicolaides Fink.
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2026 Int'l Arbitration Trends: M&A And Securities Disputes
Recent developments — such as the high-profile arbitration between ExxonMobil and Chevron, and the U.S. Securities and Exchange Commission's shift on its long-standing opposition to mandatory arbitration clauses in registration statements — highlight key issues to consider when drafting relevant agreements and arbitrating M&A disputes, say attorneys at Cleary.
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How A 1947 Tugboat Ruling May Shape Work Product In AI Era
Rapid advances in generative artificial intelligence test work-product principles first articulated in the U.S. Supreme Court’s nearly 80-year-old Hickman v. Taylor decision, as courts and ethics bodies confront whether disclosure of attorneys’ AI prompts and outputs would reveal their thought processes, say Larry Silver and Sasha Burton at Langsam Stevens.
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What's New In ISS' Benchmark Voting Policy Updates For 2026
Companies should audit their governance structures and disclosures to prepare for the upcoming proxy season in light of Institutional Shareholder Services' 2026 policy updates, which include tighter guardrails on capital structures and director compensation, and more disclosure-driven assessments of environmental and social shareholder proposals, say attorneys at Fenwick.
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Navigating Privilege Law Patchwork In Dual-Purpose Comms
Three years after the U.S. Supreme Court declined to resolve a circuit split in In re: Grand Jury, federal courts remain split as to when attorney-client privilege applies to dual-purpose legal and business communications, and understanding the fragmented landscape is essential for managing risks, say attorneys at Covington.
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Key Changes In World Bank's New Compliance Updates
Recent updates to integrity guidelines for companies that bid and work on World Bank-financed projects are sufficiently extensive and unique that covered businesses must take proactive steps to map the changes against their existing compliance programs or risk severe business consequences, say attorneys at Steptoe.