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Mergers & Acquisitions
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January 29, 2026
Jones Day Guides VSE Corp. On $2B Precision Aviation Deal
Jones Day is advising aviation company VSE Corp. on an agreement to acquire Precision Aviation Group Inc. from Winston & Strawn LLP-led GenNx360 Capital Partners for up to $2.15 billion, the companies announced Thursday.
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January 29, 2026
SpaceX Eyes IPO At $1.5 Trillion Value, Plus More Rumors
Elon Musk's SpaceX is preparing plans to launch an initial public offering that would value it at a massive $1.5 trillion, Chevron is seeking better terms from Iraq before buying Russia's Lukoil assets, and cryptocurrency wallet Ledger is weighing a $4 billion U.S. IPO.
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January 29, 2026
Lukoil Open To Offers Despite Deal With Carlyle
Russian oil and gas heavyweight Lukoil said Thursday that it has agreed to sell its international assets to U.S. private equity giant Carlyle, but added that it is open to alternative offers.
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January 28, 2026
Ropes Leads Kraken-Linked SPAC's Upsized $300M Listing
Krakacquisition, a blank check company that counts crypto exchange Kraken among its backers, began trading on Wednesday after pricing an upsized $300 million initial public offering steered by Ropes & Gray LLP and underwriter counsel Allen Overy Shearman Sterling US LLP.
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January 28, 2026
Chancery Awards $50M To Arxada In Trade Secrets Case
Chemicals company Arxada on Wednesday was awarded more than $50 million in damages and expenses in its lawsuit in Delaware's Court of Chancery claiming the owner of a company it bought took its trade secrets with his family to form a competitor.
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January 28, 2026
Werner Acquires FirstFleet Trucking Co. In $283M Deal
Werner Enterprises said Wednesday it has purchased privately held dedicated trucking company First Enterprises Inc., known as FirstFleet, for about $245 million in cash, and will separately purchase about $38 million worth of real estate from the company.
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January 28, 2026
Mergers & Acquisitions Group Of The Year: Skadden
Skadden Arps Slate Meagher & Flom LLP guided Union Pacific Railroad Co. on its $85 billion acquisition of Norfolk Southern, along with advising Ansys on a purchase valuing the software company at $35 billion, earning the firm a spot among 2025 Law360 Mergers & Acquisitions Groups of the Year.
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January 28, 2026
Wachtell-Led Prosperity To Buy Stellar Bancorp In $2B Deal
Prosperity Bancshares Inc. has agreed to acquire Stellar Bancorp Inc. and its bank subsidiary in a transaction valued at about $2 billion, the companies said on Wednesday.
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January 28, 2026
Housing Biz Unite Seals £723M Acquisition Of Rival Empiric
Student accommodation developer Unite Group said Wednesday its £723 million ($997 million) acquisition of rival Empiric has now been completed after the scheme of arrangement became effective to create a student housing giant with a £10.5 billion combined portfolio.
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January 27, 2026
Delaware Court Nixes Comerica-Fifth Third Merger Block
A premium deal price and lack of a competitive alternative justified the Court of Chancery's rejection of an injunction barring banking company Comerica Inc. from moving ahead with a $10.9 billion acquisition by Fifth Third Bancorp, a Delaware vice chancellor said in a letter decision released late Monday.
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January 27, 2026
Iowa Can't Block Schwab's Antitrust Deal, 5th Circ. Told
A group of investors who settled with The Charles Schwab Corp. in an antitrust suit over the financial services company's merger with TD Ameritrade has urged the Fifth Circuit to dismiss an appeal filed by the state of Iowa, which had previously objected to the settlement's lack of monetary benefit to the class and proposed attorney payouts.
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January 27, 2026
Chancery Keeps Alive Jefferies Claims In EV Co. SPAC Suit
Aiding and abetting and breaches of fiduciary duty claims went forward in Delaware Chancery Court on Tuesday against Jefferies LLC in connection with the $1.4 billion take-public blank check company merger of electric vehicle company Electric Last Mile Solutions Inc.
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February 12, 2026
Law360 Seeks Members For Its 2026 Editorial Boards
Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.
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January 27, 2026
SEC Settles 3 Insider Trading Cases for $1M
The U.S. Securities and Exchange Commission has settled three separate insider trading cases this week for a total of $1 million, entering agreements with a trader who was allegedly tipped off about a $3 billion acquisition and another who had already pled guilty to insider trading.
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January 27, 2026
Del. Supreme Court Backs Harman In $28M Coverage Fight
The Delaware Supreme Court on Tuesday affirmed a lower court ruling requiring insurers to cover a $28 million settlement paid by Harman International to resolve stockholder litigation over its $8 billion sale to Samsung, disagreeing that the payment amounted to a prohibited postdeal "bump-up" in merger consideration.
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January 27, 2026
Adhesive Cos. Push Back On FTC Merger Concerns
The makers of Loctite and Liquid Nails told a New York federal court that the Federal Trade Commission will be unable to show their planned $725 million merger will hurt competition for construction adhesives.
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January 27, 2026
AGs' HPE-Juniper Hold Too Broad, Too Late, Judge Says
A California federal judge explained his reasoning for refusing to block further integration between Hewlett Packard Enterprise and Juniper Networks, while Democratic attorneys general challenge the Justice Department's controversial settlement permitting the merger.
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January 27, 2026
Fla. Law Firm Can't Escape $35M Suit Over Merger Collapse
Florida law firm Hoffman & Hoffman PA can't escape a $35 million lawsuit accusing the firm of interfering with the proposed purchase of a telecommunications company by representing to the buyer that the firm's software developer client owned a larger claim to the company than he actually did.
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January 27, 2026
Mountain Lake's Second SPAC Raises Upsized $313M Offering
Mountain Lake Acquisition Corp II, a blank-check company led by Axos Financial board chair Paul Grinberg, began trading Tuesday after pricing an upsized $313.2 million initial public offering.
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January 27, 2026
Mergers & Acquisitions Group Of The Year: Paul Weiss
Paul Weiss Rifkind Wharton & Garrison LLP is helping guide Keurig Dr Pepper Inc. in its $18.4 billion planned acquisition of Netherlands-based global coffee and beverage company JDE Peet's and guided obesity drug developer Metsera Inc. when it was acquired by Pfizer Inc., earning a spot among the 2025 Law360 Mergers & Acquisitions Groups of the Year.
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January 27, 2026
Willkie Adds Private Equity Pro From Sidley Austin In LA
Willkie Farr & Gallagher LLP has added a partner from Sidley Austin LLP to strengthen its capacity to advise private equity funds, asset managers and other clients about corporate transactions.
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January 27, 2026
EU Advances Brookfield, GIC's Australian Storage REIT Buy
European regulators on Tuesday signed off on a proposed $2.6 billion buyout of Australian self-storage company National Storage REIT by Brookfield Asset Management and GIC, in a deal advised by Ashurst LLP and Clayton Utz.
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January 27, 2026
3 Firms Guide GigCapital's Latest SPAC, Raising $220M
GigCapital9 Corp., the latest special purpose acquisition company led by serial SPAC sponsor Avi Katz, began trading publicly Tuesday after pricing its $220 million initial public offering.
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January 27, 2026
NRG, LS Power's $12B Natural Gas Deal Clears DOJ Scrutiny
The U.S. Department of Justice has cleared NRG Energy Inc.'s $12 billion acquisition of 18 natural gas-fired power plants from LS Power in a cash-and-stock deal guided by White & Case LLP, Milbank LLP and Willkie Farr & Gallagher LLP.
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January 27, 2026
Freshfields-Led Sportswear Biz To Buy €1.5B Puma Stake
Chinese sports equipment giant Anta Sports said Tuesday it has agreed to buy a 29% stake in Puma for €1.5 billion ($1.8 billion), which will make it the German athletic apparel maker's largest shareholder.
Expert Analysis
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FTC Focus: Surprising Ways Meador And Khan Sound Alike
Since becoming a commissioner on the Federal Trade Commission, Mark Meador's public comments, speeches and writings reveal a surprising degree of continuity with former Chair Lina Khan's approach, in an indication that differing philosophies might have comparable practical effects, say attorneys at Proskauer.
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Opinion
The Legal Education Status Quo Is No Longer Tenable
As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.
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Utilizing Rep And Warranties Insurance In CRE Transactions
With insurance and commercial real estate legal trends suggesting that representations and warranties insurance is likely to grow substantially in the next several years, CRE buyers and sellers should learn how such insurance can help resolve conflicting positions during transaction negotiations, say attorneys at Troutman.
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E-Discovery Quarterly: Rulings On Relevance Redactions
In recent cases addressing redactions that parties sought to apply based on the relevance of information — as opposed to considerations of privilege — courts have generally limited a party’s ability to withhold nonresponsive or irrelevant material, providing a few lessons for discovery strategy, say attorneys at Sidley.
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Opinion
Section 1983 Has Promise After End Of Nationwide Injunctions
After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice.
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Trump's 2nd Term Puts Merger Remedies Back On The Table
In contrast with the Biden administration, the second Trump administration has signaled a renewed willingness to resolve merger enforcement concerns through remedies from the outset, particularly when the proposed fix is structural, clearly addresses the harm and does not require burdensome oversight, say attorneys at Cooley.
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Opinion
Premerger Settlements Don't Meet Standard For Bribery
Claims that Paramount’s decision to settle a lawsuit with President Donald Trump while it was undergoing a premerger regulatory review amounts to a quid pro quo misconstrue bribery law and ignore how modern legal departments operate, says Ediberto Román at the Florida International University College of Law.
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Series
Playing Soccer Makes Me A Better Lawyer
Soccer has become a key contributor to how I approach my work, and the lessons I’ve learned on the pitch about leadership, adaptability, resilience and communication make me better at what I do every day in my legal career, says Whitney O’Byrne at MoFo.
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Series
Law School's Missed Lessons: Learning From Failure
While law school often focuses on the importance of precision, correctness and perfection, mistakes are inevitable in real-world practice — but failure is not the opposite of progress, and real talent comes from the ability to recover, rethink and reshape, says Brooke Pauley at Tucker Ellis.
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Legal Ops, Compliance Increasingly Vital To Antitrust Strategy
With deal timelines tightening and disclosure requirements intensifying, legal operations and compliance teams are becoming critical drivers of premerger strategy, cross-functional alignment and regulatory credibility, says Alexander Lima at Wesco International.
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Series
Adapting To Private Practice: From ATF Director To BigLaw
As a two-time boomerang partner, returning to BigLaw after stints as a U.S. attorney and the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, people ask me how I know when to move on, but there’s no single answer — just clearly set your priorities, says Steven Dettelbach at BakerHostetler.
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4th Circ. Favors Plain Meaning In Bump-Up D&O Ruling
The Fourth Circuit's latest denial of indemnity coverage in Towers Watson v. National Union Fire Insurance and its previous ruling in this case lay out a pragmatic approach to bump-up provisions that avoids hypertechnical constructions to limit the effect of a policy's plain meaning, say attorneys at Kennedys.
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Opinion
DOJ's HPE-Juniper Settlement Will Help US Compete
The U.S. Department of Justice settlement with Hewlett Packard Enterprise clears the purchase of Juniper Networks in a deal that positions the U.S. as a leader in secure, scalable networking and critical digital infrastructure by requiring the divestiture of a WiFi network business geared toward small firms, says John Shu at Taipei Medical University.
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Series
Playing Baseball Makes Me A Better Lawyer
Playing baseball in college, and now Wiffle ball in a local league, has taught me that teamwork, mental endurance and emotional intelligence are not only important to success in the sport, but also to success as a trial attorney, says Kevan Dorsey at Swift Currie.
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Building Better Earnouts In The Current M&A Climate
In the face of market uncertainty, we've seen a continued reliance on earnouts in M&A deals so far this year, but to reduce the risk of related litigation, it's important to use objective standards, apply company metrics cautiously and ensure short time periods, among other best practices, say attorneys at White & Case.