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Mergers & Acquisitions
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October 22, 2025
Paul Weiss, Sullivan & Cromwell Assist Koch Deal With Giants
Billionaire philanthropist Julia Koch and her family, advised by Paul Weiss Rifkind Wharton & Garrison LLP, have become minority shareholders in the National Football League's New York Giants, advised by Sullivan & Cromwell LLP, in a deal approved by NFL owners Wednesday at their fall meeting in New York.
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October 22, 2025
Presidential Firing Limits Fight Builds At High Court
The ousted U.S. Merit Systems Protection Board chair has encouraged the U.S. Supreme Court to include a caveat for "legislative courts" if it overturns precedent that empowers Congress to limit the president's authority to fire certain agency officials, but opponents of independent agencies want a clean break from the status quo.
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October 22, 2025
3 Firms Guide DraftKings Deal To Enter Prediction Markets
Betting platform DraftKings has entered the prediction markets with its acquisition of Railbird Technologies Inc., but it will not yet offer prediction wagering on sporting events, instead initially focusing on finance, culture and entertainment, according to a company announcement.
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October 22, 2025
5 Firms Guide $2.1B Alkermes-Avadel Sleep Medicine Deal
Dublin-based Alkermes PLC has agreed to buy Avadel Pharmaceuticals PLC, a fellow Irish drugmaker focused on sleep medicine, in an all-cash deal valuing Avadel at about $2.1 billion, the companies said on Wednesday.
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October 22, 2025
Crypto Exchange FalconX Snags ETP Provider 21shares
Digital asset brokerage FalconX on Wednesday unveiled plans to buy cryptocurrency exchange-traded funds and products provider 21shares, a move that comes just over a month after the U.S. Securities and Exchange Commission eased listing standards for crypto ETPs.
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October 22, 2025
NC Biz Court Bulletin: COVID Coverage, A Suspect Signature
The North Carolina Business Court has rounded the corner into fall with insurance disputes over COVID-19 coverage at a chain of outlet malls and the theft of over $900,000 in legal THC reportedly stolen from a warehouse in the Southwest.
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October 22, 2025
A&O-Led Ipsen To Buy Blood Cancer Research Biz For €1B
Global biopharmaceutical company Ipsen said Wednesday that it will acquire a biotechnology company, ImCheck Therapeutics, from a consortium of French, European and U.S. investors for up to €1 billion ($1.16 billion) to boost the portfolio of its cancer treatments.
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October 22, 2025
BasePoint Gets More Time For £523M Bid For UK Credit Biz
The U.K.'s merger authority has given U.S. specialist finance group BasePoint even more time to make a £523 million ($696 million) offer for International Personal Finance, the British credit provider said Wednesday.
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October 21, 2025
GE Vernova To Pay $5.3B For Remaining Half Of Prolec Stake
General Electric Co.'s spinoff electric power business, GE Vernova, announced Tuesday that it will acquire the remaining half of its grid equipment joint venture from Mexico's Xignux for nearly $5.3 billion, saying the deal will boost the growth of its electrification segment amidst growing electricity demand.
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October 21, 2025
FTC's Holyoak Thinks US Enforcers Should Stick To US Law
Federal Trade Commission member Melissa Holyoak suggested Tuesday that the Republican-led agency is unlikely to nudge its international peers to block mergers on its behalf, as it was accused of doing previously.
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October 21, 2025
SilverRock Approved For $65M Sale Of Calif. Resort Project
Bankrupt real estate development firm SilverRock Development Co. LLC received approval Tuesday from a Delaware judge for the $65 million sale of its resort project assets to affiliates of Turnbridge Equities, with the court overruling objections tied to an existing ground lease on the property.
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October 21, 2025
Willkie-Led Cloud Data Biz Veeam Buys Securiti AI For $1.73B
Private equity-backed information technology company Veeam Software, advised by Willkie Farr & Gallagher LLP, on Tuesday unveiled plans to acquire data privacy management software company Securiti AI in a $1.73 billion deal.
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October 21, 2025
Coinbase Pays $375M For Echo Amid 'Full-Stack' Crypto Push
Coinbase said Tuesday it has acquired blockchain fundraising platform Echo for approximately $375 million, as the cryptocurrency giant makes its latest push to create a "full-stack" solution for crypto investors.
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October 21, 2025
Beauty Exec Wants $40M Set-Aside After $1B L'Oreal Sale
The former president of a Connecticut beauty brand that L'Oreal bought for around $1 billion wants the company to secure $40 million in case she wins her lawsuit claiming she is owed a much bigger slice of the proceeds.
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October 21, 2025
Chamber Survey Says Overhaul Doubled Merger Filing Burden
The U.S. Chamber of Commerce on Monday released the results of a small survey indicating that an overhaul of U.S. merger notification requirements, which it's challenging in court, has created a dramatic increase in the time spent by outside counsel and the costs associated with preparing transaction paperwork.
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October 21, 2025
5 Firms Steer $2.62B Sale Of CenterPoint's Ohio Biz
National Fuel Gas Co. on Tuesday announced plans to buy CenterPoint Energy Resources Corp.'s Ohio natural gas utility business, in a $2.62 billion deal that was built by five law firms.
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October 21, 2025
PE Giants Ink $18.3B Deal For Hologic Amid Megadeal Blitz
Hologic Inc. said Tuesday it will be acquired by a private equity consortium in a deal valuing the Wachtell-advised medical technology company around $18.3 billion, marking one of the largest leveraged healthcare buyouts in recent years.
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October 21, 2025
Incline Closes $300M Continuation Fund For Accredited Labs
Middle market private equity shop Incline Equity Partners on Tuesday announced that it wrapped a single-asset continuation vehicle with roughly $300 million in committed capital, which will be used to continue the firm's investment in Accredited Labs.
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October 21, 2025
KKR, Quadrantis Buy Minority Stake In Peak Re
U.S. private equity business KKR and Portuguese venture capitalists Quadrantis said Tuesday that they will take a 15% stake in Hong Kong reinsurer Peak Re to help its global growth.
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October 21, 2025
Paul Hastings Adds Baker Botts Energy M&A Pro In Houston
Paul Hastings LLP announced Tuesday that it has added a Houston-based energy deal lawyer from Baker Botts LLP, expanding the firm's transactional capabilities in the energy industry and strengthening its Texas platform.
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October 21, 2025
US Gov't Shutdown Delaying Magnum Spinoff, Unilever Says
Consumer goods giant Unilever said Tuesday that it has to delay moves to spin off its ice cream business because of the U.S. government shutdown, which is entering its third week.
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October 20, 2025
Surfacing Co. Says AIG Must Cover Acquisition Losses
A decorative surface manufacturer told a Delaware state court that an AIG unit must cover losses incurred after the chemical company it acquired allegedly misrepresented the state of its relationship with the company's top customer.
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October 20, 2025
2 Firms Steer $170M Merger Of Ill. Bank Holding Cos.
The holding companies of Illinois-based Heartland Bank and Trust Co. and CNB Bank & Trust NA will merge in a $170.2 million combined stock and cash transaction, the companies announced Monday.
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October 20, 2025
Trump Media Aims To DQ Gunster In Fight With Investors
Trump Media & Technology Group, which owns President Donald Trump's Truth Social platform, is fighting with investors over whether Gunster should be allowed to represent them against the company's lawsuit over taking the business public in light of a Florida state judge's ties to the firm.
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October 20, 2025
Catching Up With Delaware's Chancery Court
This past week, the Delaware Chancery Court and Supreme Court handled a crowded corporate docket, weighing blockbuster merger appeals, shareholder settlement objections, fights over control involving an NBA franchise and a high-profile appeal from Elon Musk involving a massive payday from Tesla.
Expert Analysis
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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.
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Series
Adapting To Private Practice: From Va. AUSA To Mid-Law
Returning to the firm where I began my career after seven years as an assistant U.S. attorney in Virginia has been complex, nuanced and rewarding, and I’ve learned that the pursuit of justice remains the constant, even as the mindset and client change, says Kristin Johnson at Woods Rogers.
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7 Document Review Concepts New Attorneys Need To Know
For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke.
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FTC Actions Highlight New Noncompete Enforcement Strategy
Several recent noncompete-related actions from the Federal Trade Commission — including its recent dismissal of cases appealing the vacatur of a Biden-era noncompete ban — reflect the commission's shift toward case-by-case enforcement, while confirming that the agency intends to remain active in policing such agreements, say attorneys at Debevoise.
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How Trump's Space Order May Ease Industry's Growth
President Donald Trump's recent executive order aimed at removing environmental hurdles for spaceport authorization and streamlining the space industry's regulatory framework may open opportunities not only for established launch providers, but also smaller companies and spaceport authorities, say attorneys at Morgan Lewis.
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FTC's Reseller Suit Highlights Larger Ticket Platform Issues
Taken together, the recent Federal Trade Commission lawsuit and Ticketmaster's recent antitrust woes demonstrate that federal enforcers are testing the resilience of antitrust and consumer-protection frameworks in an evolving, tech-driven marketplace, says Thomas Stratmann at George Mason University.
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Agentic AI Puts A New Twist On Attorney Ethics Obligations
As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.
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HSR Compliance Remains A Priority From Biden To Trump
Several new enforcement actions from the Federal Trade Commission and the U.S. Department of Justice illustrate that rigorous attention to Hart-Scott-Rodino Act compliance has become a critical component of the U.S. merger review process, even amid the political transition from the Biden to Trump administrations, say attorneys at Baker McKenzie.
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Series
Being A Professional Wrestler Makes Me A Better Lawyer
Pursuing my childhood dream of being a professional wrestler has taught me important legal career lessons about communication, adaptability, oral advocacy and professionalism, says Christopher Freiberg at Midwest Disability.
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Opportunity Zone's Future Corp. Tax Benefits Still Uncertain
Despite recent legislative enhancements to the qualified opportunity fund program, and a new G7 understanding that would exempt U.S.-parented multinationals from the undertaxed profits rule, uncertainties over future tax benefits could dampen investment interest in the program, says Alan Lederman at Gunster.
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How GILTI Reform Affects M&A Golden Parachute Planning
Deal teams should evaluate the effect of a recent seemingly technical change to U.S. international tax law on the golden parachute analysis that often plays a critical part of many corporate transactions to avoid underestimating its impact on an acquirer's worldwide taxable income following a triggering transaction, say attorneys at MoFo.