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Mergers & Acquisitions
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March 13, 2026
Solar Developer Sues In Del. Over $56.7M Earnout Dispute
A solar developer and its founder have filed a lawsuit in the Delaware Chancery Court accusing Pivot Energy Inc. and two executives of deliberately sabotaging a joint venture to avoid tens of millions of dollars in earnout payments tied to community solar projects.
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March 13, 2026
Taxation With Representation: Paul Hastings, Duane Morris
In this week's Taxation With Representation, uniform maker Cintas Corp. acquires workwear company UniFirst Corp., Controlled Thermal Resources Holdings Inc. plans to go public by merging with a special purpose acquisition company, and a Shell USA Inc. subsidiary sells Jiffy Lube International Inc. to Monomoy Capital Partners.
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March 13, 2026
Wachtell Atty's Inside Look At $110B Paramount-WBD Deal
The agreement behind Warner Bros. Discovery's $110 billion planned sale to Paramount Global set new benchmarks for transactions of its size, from record-setting regulatory break fees to unusual merger agreement provisions.
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March 13, 2026
Esquire's $348M Signature Deal Bolsters Litigation Platform
Esquire Financial Holdings Inc. has agreed to buy the parent company of Signature Bank in a roughly $348.4 million deal that Esquire said will help expand its Chicago-area commercial banking presence and support growth of its litigation banking platform.
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March 13, 2026
Hexagon Purus Sells Aerospace Biz To Elon Musk's SpaceX
Norwegian green technology company Hexagon Purus ASA said Friday that it has completed the $15 million sale of its U.S. aerospace business to Elon Musk's Space Exploration Technologies Corp., or SpaceX.
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March 12, 2026
Musk Banker Tells Jury Twitter Held Up Takeover Deal
An ex-Morgan Stanley banker who advised Elon Musk on his $44 billion Twitter acquisition testified Thursday in a trial seeking billions for investors claiming Musk tanked the social media company's stock to disrupt the takeover, saying Twitter was the one that obstructed the deal.
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March 12, 2026
Orthopedics Co. Investors See Merger Claims Trimmed
Orthofix Medical Inc. must face claims that it failed to tell investors that a company it was merging with recently settled class action discrimination allegations, but will not have to face some securities fraud allegations, a Texas federal judge has ruled.
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March 12, 2026
Teamsters Urge DOJ To Block Paramount-Warner Bros. Deal
The International Brotherhood of Teamsters urged the U.S. Department of Justice on Thursday to block the proposed merger between Paramount Skydance and Warner Bros. Discovery if the agency can't secure worker protections, claiming that the merger poses an anticompetitive threat to the film and television industry's labor markets.
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March 12, 2026
Icahn Outbid By $7B Caesars Offer, And Other Rumors
Billionaire Tilman Fertitta is in exclusive negotiations to buy Caesars Entertainment for roughly $7 billion, superseding a competing all-cash offer from Carl Icahn's Icahn Enterprises, and Papa John's received a bid from Qatari-backed investment firm Irth Capital Management that could value the pizza chain at $1.5 billion.
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March 12, 2026
Conn. AG Says $2.4B Eversource Sale Burdens Taxpayers
Connecticut Attorney General William M. Tong has asked the state's Public Utilities Regulatory Authority to tank the proposed $2.4 billion sale of Eversource subsidiary Aquarion Co. to a new water authority created by the state Legislature, saying a recent court decision did not force PURA to approve the transaction.
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March 12, 2026
EU Antitrust Officials Targeting 'Entire AI Stack'
The European Union's top antitrust official said Thursday that bloc enforcers are casting a wide net as they look at the ways artificial intelligence companies may try to anticompetitively boost themselves over rivals, including underlying training models and needed power and cloud computing infrastructure.
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March 12, 2026
Holyoak's US Attorney Nomination Advances
The nomination of Melissa Holyoak, former commissioner of the Federal Trade Commission, to be U.S. attorney for the District of Utah was sent to the full Senate on Thursday.
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March 12, 2026
Sidley Adds Cooley Corporate And Securities Pro In San Diego
Sidley Austin LLP continues expanding its California team, bringing in another Cooley LLP lawyer — this one a corporate and securities expert — as a partner in its San Diego office.
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March 12, 2026
CMS, Hogan Lovells Lead Savills' $1.1B US RE Lender Buyout
Savills has agreed to acquire Eastdil Secured in a deal that values the real estate investment bank at $1.11 billion as the British property adviser moves to strengthen its position in global capital markets.
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March 12, 2026
Majority Of Investors In Idox Commit To £340M Deal
U.S. investment firm Long Path Partners said Thursday that it has gained majority backing from shareholders in Idox PLC for its £339.5 million ($455 million) buyout of the U.K. government software provider.
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March 11, 2026
Ex-Trump Media Exec Says Deposition Should Be Shortened
Counsel for a source in a 2023 Washington Post article that described securities fraud within Truth Social's parent company implored a North Carolina federal court to shave hours off the source's deposition Wednesday, less than two days before it's scheduled.
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March 11, 2026
Del. High Court Upholds Pioneer Win In $60B Exxon Deal Fight
The Delaware Supreme Court on Wednesday affirmed a lower court ruling denying a union pension fund's request for additional internal communications related to the roughly $60 billion merger between Pioneer Natural Resources Co. and ExxonMobil Corp., concluding that the Delaware Chancery Court correctly rejected the stockholder's bid to obtain more emails and text messages from the company's former chief executive.
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March 11, 2026
Fed's Bowman Eyes 'Fine-Tuning' Of Bank Merger Reviews
Federal Reserve Vice Chair for Supervision Michelle Bowman said Wednesday that federal regulators are taking a look at the competition metrics used to evaluate bank mergers, signaling potential changes to the thresholds that guide when deals raise antitrust concerns.
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March 11, 2026
Skadden, Wachtell Lipton Advise As Janus Rejects Victory Bid
Janus Henderson Group PLC on Wednesday said its board rejected a competing buyout bid from Victory Capital Holdings as it continues to recommend its pending $7.4 billion acquisition by Trian Partners and General Catalyst.
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March 11, 2026
NC AG Backs Merger Of Duke Energy's Two Carolina Utilities
The North Carolina Attorney General's Office has reached an agreement with Duke Energy over the proposed combination of its two subsidiary electric utilities serving the Carolinas, joining a growing list of other corporations and consumer advocacy groups that have also backed the merger.
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March 11, 2026
5 Firms Lead $525M Sale Of Frontera's Energy Assets
Canadian oil and natural gas company Frontera Energy Corp. has agreed to sell its Frontera Petroleum International Holdings B.V. to Colombia-focused oil and gas producer Parex Resources Inc. for an equity consideration of up to $525 million in a deal built by five law firms, a move that comes just months after the company agreed to sell the assets to independent energy company GeoPark Ltd.
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March 11, 2026
Arnold & Porter Corporate Atty Rejoins Reed Smith In Miami
A former Arnold & Porter Kaye Scholer LLP partner has returned to Reed Smith LLP in its Miami office, strengthening the firm's global corporate group with experience assisting clients in India.
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March 11, 2026
Spirit Air Gets OK For $533M Baseline Bid In April Jet Auction
A New York bankruptcy judge on Wednesday gave bankrupt air carrier Spirit Airlines permission to put 20 of the 48 aircraft it owns on the auction block next month with a baseline bid set at more than half a billion dollars.
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March 11, 2026
Ara Energy Buying US, European Fuel Assets For $875M
Ara Energy, a newly formed energy unit of global private markets firm Ara Partners, said Wednesday it has agreed to buy a portfolio of U.S. power and biofuels assets and a stake in a European fuel retail network in a deal valued at about $875 million.
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March 11, 2026
Davis Polk, Paul Hastings Steer $5.5B Cintas, UniFirst Merger
Uniform maker Cintas Corp., advised by Davis Polk & Wardwell LLP, announced plans on Wednesday to acquire Paul Hastings LLP-led workwear company UniFirst Corp. in a cash and stock deal that boasts an enterprise value of roughly $5.5 billion, a move that comes just months after Cintas lobbed an unsolicited takeover offer at its competitor.
Expert Analysis
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Protecting Sensitive Court Filings After Recent Cyber Breach
In the wake of a recent cyberattack on federal courts' Case Management/Electronic Case Files system, civil litigants should consider seeking enhanced protections for sensitive materials filed under seal to mitigate the risk of unauthorized exposure, say attorneys at Redgrave.
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Series
NC Banking Brief: All The Notable Legal Updates In Q3
There were several impactful changes to the financial services landscape in North Carolina in the third quarter of the year, including statutory updates, enforcement developments from Office of the Commissioner of Banks, and notable mergers, acquisitions and branch expansions, say attorneys at Moore & Van Allen.
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Series
Judging Figure Skating Makes Me A Better Lawyer
Judging figure skating competitions helps me hone the focus, decisiveness and ability to process complex real-time information I need in court, but more importantly, it makes me reengage with a community and my identity outside of law, which, paradoxically, always brings me back to work feeling restored, says Megan Raymond at Groombridge Wu.
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What Ethics Rules Say On Atty Discipline For Online Speech
Though law firms are free to discipline employees for their online commentary about Charlie Kirk or other social media activity, saying crude or insensitive things on the internet generally doesn’t subject attorneys to professional discipline under the Model Rules of Professional Conduct, says Stacie H. Rosenzweig at Halling & Cayo.
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Junior Attys Must Beware Of 5 Common Legal Brief Mistakes
Excerpt from Practical Guidance
Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.
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Series
Power To The Paralegals: How And Why Training Must Evolve
Empowering paralegals through new models of education that emphasize digital fluency, interdisciplinary collaboration and human-centered lawyering could help solve workforce challenges and the justice gap — if firms, educators and policymakers get on board, say Kristine Custodio Suero and Kelli Radnothy.
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Series
Playing Softball Makes Me A Better Lawyer
My time on the softball field has taught me lessons that also apply to success in legal work — on effective preparation, flexibility, communication and teamwork, says Sarah Abrams at Baleen Specialty.
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Why Early Resolution Of Employment Liability Claims Is Key
A former Los Angeles fire chief's recent headline-grabbing wrongful termination suit against the city is a reminder that employment practices liability disputes can present risks to the greater business, meaning companies need a playbook for rapid, purposeful action, says Karli Moore at Intact Insurance Specialty Solutions.
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8 Steps For Industrial Property Buyers To Limit Enviro Liability
Ongoing litigation over the U.S. Environmental Protection Agency’s designation of PFAS as hazardous site contaminants demonstrates the liabilities that industrial property purchasers risk inheriting, but steps to guarantee rigorous environmental compliance, anticipate regulatory change and allocate cleanup responsibilities can mitigate this uncertainty, say attorneys at ArentFox Schiff.
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Series
Law School's Missed Lessons: Mastering Time Management
Law students typically have weeks or months to prepare for any given deadline, but the unpredictability of practicing in the real world means that lawyers must become time-management pros, ready to adapt to scheduling conflicts and unexpected assignments at any given moment, says David Thomas at Honigman.
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How Hyperlinks Are Changing E-Discovery Responsibilities
A recent e-discovery dispute over hyperlinked data in Hubbard v. Crow shows how courts have increasingly broadened the definition of control to account for cloud-based evidence, and why organizations must rethink preservation practices to avoid spoliation risks, says Bree Murphy at Exterro.
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More NJ Case Law On LLCs Would Aid Attys, Litigants, Biz
More New Jersey court opinions would facilitate the understanding of the nuances of the state's Revised Uniform Limited Liability Company Act, including on breach of the duty of loyalty, oppression, piercing the corporate veil and derivative actions, says Gianfranco Pietrafesa at Archer & Greiner.
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9th Circ. Ruling Leaves SEC Gag Rule Open To Future Attacks
Though the Ninth Circuit's recent ruling in Powell v. U.S. Securities and Exchange Commission leaves the SEC's no-admit, no-deny rule intact, it could provide some fodder for litigants who wish to criticize the commission's activities either before or after settling with the commission, says Jonathan Richman at Brown Rudnick.
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Series
Writing Musicals Makes Me A Better Lawyer
My experiences with writing musicals and practicing law have shown that the building blocks for both endeavors are one and the same, because drama is necessary for the law to exist, says Addison O’Donnell at LOIS Law.
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How Fashion, Tech Can Maximize New Small Biz Tax Breaks
Fashion and technology companies, which invest heavily in innovation, should consider taking advantage of provisions in the One Big Beautiful Bill Act that favor small businesses, restructuing if necessary to become eligible for expanded research and experimental expenditure credits and qualified small business stock incentives, says Aime Salazar at Olshan Frome.