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Mergers & Acquisitions
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									September 05, 2025
									IPO Market Gears Up For Late-Year Surge In New ListingsInitial public offerings appear poised for a surge to finish the year as the uncertainty surrounding President Donald Trump's sweeping tariff actions and geopolitical tensions has subsided, with experts saying that companies are getting more comfortable hitting the public markets. 
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									September 05, 2025
									Taxation With Representation: Milbank, Wachtell, LathamIn this week's Taxation With Representation, aircraft lessor Air Lease Corp. agrees to a take-private deal, Evernorth Health Services invests billions in Shields Health Solutions, Cadence Design Systems Inc. acquires the design and engineering business of Hexagon AB, and Kraft Heinz Co. plans to split into two independent, publicly traded companies. 
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									September 05, 2025
									How A 'Risky' Move Fueled Kobre & Kim's Win Over Phillips 66In the trial over Propel Fuels' claims that Phillips 66 stole trade secrets during due diligence for an acquisition, Kobre & Kim switched up standard witness order and convinced a jury to award $605 million. 
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									September 04, 2025
									Door Maker Asks 4th Circ. To Kill Landmark Divestiture OrderDoor maker Jeld-Wen is accusing a rival who convinced a court to order a landmark divestiture as part of its antitrust case of moving the goalposts now that it's out of hot water, telling a Fourth Circuit that the forced sale is no longer necessary. 
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									September 04, 2025
									Yale Hospital's Info Request Upheld In $435M Property SuitThree third-party hospital real estate holding companies and their corporate parent cannot challenge a decision requiring them to give records to Yale New Haven Health Services Corp. for its $435 million asset sale dispute with bankrupt Prospect Medical Holdings Inc., a Connecticut appeals court has ruled. 
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									September 04, 2025
									SEC, CFPB Rulemaking Agendas Show Deregulatory PushFederal regulators overseeing the financial services sector on Thursday unveiled new rulemaking agendas that they say will return their agencies to their core missions with policies to define authority and limit compliance burdens. 
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									September 04, 2025
									Justices Asked To Block FTC Commissioner ReinstatementThe Trump administration asked the U.S. Supreme Court on Thursday to block the reinstatement of Democratic Federal Trade Commissioner Rebecca Slaughter while it appeals a ruling that found her firing was illegal, and also asked the high court to take up the case. 
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									September 04, 2025
									Latham, Jones Day Advise On $3.15B Cadence-Hexagon DealLatham-led Cadence Design Systems Inc. said on Thursday it has agreed to acquire the design and engineering business of Jones Day-advised Hexagon AB in a deal valued at approximately €2.7 billion ($3.15 billion). 
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									September 04, 2025
									Music Lyrics Co.'s $1B Antitrust Suit Mostly SurvivesA California federal judge largely refused to dismiss LyricFind Inc.'s $1 billion suit accusing a streaming music lyrics rival of using an exclusive deal with Warner Music to edge it out of the market, crediting claims about the importance of Warner while nixing some business interference allegations. 
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									September 04, 2025
									Albertsons Says Kroger CEO Docs Fair Game In Del. SuitAn attorney for Albertsons Companies Inc. told a Delaware vice chancellor Thursday the food and drugstore giant should get access to The Kroger Co.'s documents related to CEO Rodney McMullen's abrupt exit from the job months after the collapse of the two companies' planned $25 billion merger. 
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									September 04, 2025
									Returning SPAC Teams Kick Off Fresh IPOs Totaling $400MOne SPAC targeting growth-focused U.S. businesses began trading on Thursday while another focused on the natural resources and decarbonization sectors was set to begin trading Friday, with the two having raised a combined $400 million in initial public offerings. 
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									September 04, 2025
									Monthly Merger Review SnapshotThe Justice Department settled a challenge to UnitedHealth's $3.3 billion home hospice acquisition while Democrats called for a judge to reject a different government settlement and the Federal Trade Commission moved against medical technologies transactions for heart valves and device coatings. 
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									September 04, 2025
									NJ Judge Greenlights Ch. 11 Plan For Real Estate FirmA New Jersey federal judge said Thursday he will approve a Chapter 11 plan for a troubled real estate investment firm that includes selling an affordable housing complex in Pittsburgh and creating a litigation trust to recover hundreds of millions allegedly stolen by the company's now-imprisoned founder. 
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									September 04, 2025
									5 Firms Guide Rithm Capital's Crestline BuyFive firms steered real estate-focused investment firm Rithm Capital Corp.'s purchase of Crestline Management, adding and expanding the firm's private credit, insurance and reinsurance capabilities with the acquisition. 
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									September 04, 2025
									MFE Takes Majority Stake In ProSiebenSat.1 For About $1.8BMFE-MediaForEurope said Thursday it has become the majority shareholder of ProSiebenSat.1 Media after securing a 75.61% stake in the German broadcaster, a holding worth about $1.8 billion based on the company's earlier $2.4 billion valuation. 
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									September 04, 2025
									US Steel, Nippon Drop Suit Against Cleveland-Cliffs, USWU.S. Steel and its new parent company, Nippon Steel, have ended their lawsuit accusing rival steelmaker Cleveland-Cliffs Inc. and the United Steelworkers union of attempting to sabotage their merger earlier this year. 
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									September 04, 2025
									Cube Highways Trust Mulls $600M IPO, Plus More RumorsIndian infrastructure investment trust Cube Highways Trust is considering a $600 million initial public offering, premium diaper brand Coterie is in talks to be acquired by consumer goods business Mammoth Brands, and European antitrust regulators have reportedly paused their investigation into ADNOC's $17.1 billion acquisition of German chemicals producer Covestro. 
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									September 04, 2025
									British SPAC Ends Talks To Buy Australian Mining Co.British blank-check company Pineapple Power said Thursday that it has called off its proposed acquisition of Australian mining company Buffalo Battery Metals, "despite significant effort by both parties" to reach a deal, with plans to resume trading after more than eight months. 
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									September 04, 2025
									Shareholders Back Apax Partners' €916M Apax Global DealInvestment company Apax Global Alpha Ltd. said Thursday that its shareholders have thrown their weight behind a €916.5 million ($1.1 billion) takeover deal put forward by Apax Partners LLP, a private equity firm that it works with. 
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									September 04, 2025
									Anglo American Spins Off Remaining Valterra Stake For $2.5BMining giant Anglo American PLC said Thursday that it has offloaded its remaining 19.9% stake in Valterra Platinum Ltd. for $2.5 billion to South African investors, completing the sale of its platinum business. 
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									September 03, 2025
									Derivative Claim Miss Dooms Chancery Squeeze-Out SuitA minority stockholder suit alleging a $15 million "sham foreclosure" of storage venture Clutter Holdings Inc. — allegedly once worth $1.2 billion — was tossed Wednesday in Delaware's Court of Chancery, in a ruling that found the claims unsupportable or derivative and ineligible for direct investor recoveries. 
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									September 03, 2025
									Ex-OCC Acting Chief Counsel Joins Perkins Coie In DCThe former acting chief counsel of the Office of the Comptroller of the Currency has joined Perkins Coie as a partner in the firm's Washington, D.C., office, where he will focus on bank mergers, regulatory matters, enforcement response and risk management, among other things. 
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									September 03, 2025
									Weil, Cooley Lead Remedy Meds' $500M Thirty Madison BuyConsumer virtual-care and pharmacy platform Remedy Meds LLC, advised by Weil Gotshal & Manges LLP, on Wednesday announced plans to buy virtual specialized healthcare company Thirty Madison Inc., led by Cooley LLP, in an all-stock deal valued just upwards of $500 million. 
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									September 03, 2025
									Novartis Inks Up To $5.2B Deal With Chinese Cardio BiotechChina's Argo Biopharmaceutical Co., a biotechnology company developing RNA-based medicines, said Wednesday it has struck an up to $5.2 billion deal with Novartis to advance several treatments for heart and blood vessel conditions. 
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									September 03, 2025
									Akin Opens In Chicago With 4 New PartnersAkin Gump Strauss Hauer & Feld LLP has opened the doors to its newest office, in Chicago, the firm announced Wednesday, with a quartet of partners who joined the firm this spring from Mayer Brown LLP. 
Expert Analysis
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								7 Tips For Associates To Thrive In Hybrid Work EnvironmentsExcerpt from Practical Guidance.jpg)  As the vast majority of law firms have embraced some type of hybrid work policy, associates should consider a few strategies to get the most out of both their in-person and remote workdays, says James Argionis at Cozen O’Connor. 
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								Series Playing Beach Volleyball Makes Me A Better Lawyer  My commitment to beach volleyball has become integral to my performance as an attorney, with the sport continually reminding me that teamwork, perseverance, professionalism and stress management are essential to both undertakings, says Amy Drushal at Trenam. 
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								How Law Firms Can Counteract The Loneliness Epidemic  The legal industry is facing an urgent epidemic of loneliness, affecting lawyer well-being, productivity, retention and profitability, and law firm leaders should take concrete steps to encourage the development of genuine workplace connections, says Michelle Gomez at Littler and Gwen Mellor Romans at Herald Talent. 
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								Opinion DOJ's HPE-Juniper Challenge Is Not Rooted In Law  Legal precedents that date back as far as 1990 demonstrate that the U.S. Department of Justice's recent challenge to the proposed $14 billion merger between Hewlett Packard and Juniper is misplaced because no evidence of collusion or coordinated conduct exists, says Thomas Stratmann at George Mason University. 
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								5 Keys To Building Stronger Attorney-Client Relationships  Attorneys are often focused on being seen as the expert, but bonding with clients and prospects by sharing a few key personal details provides the basis for a caring, trusted and profoundly deeper business relationship, says Deb Feder at Feder Development. 
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								How Rising Secondary Private Markets Affect Tech Disputes  The rise of secondaries is a natural by-product of growing and evolving private markets and, as such, we can expect their growth will continue, signaling an increase in the use of secondaries in damages as well as litigation revolving around secondaries themselves, says Farooq Javed at The Brattle Group. 
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								How The AI Antitrust Landscape Might Evolve Under Trump  The Trump administration's early actions around artificial intelligence and antitrust policy, along with statements from competition regulators, suggest that the AI competition landscape may see reduced scrutiny around acquisitions, but not an entirely hands-off enforcement approach, say attorneys at Hogan Lovells. 
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								Series Racing Corvettes Makes Me A Better Lawyer  The skills I use when racing Corvettes have enhanced my legal practice in several ways, because driving, like practicing law, requires precision, awareness and a good set of brakes — complete with the wisdom to know how and when to use them, says Kat Mateo at Olshan Frome. 
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								Bill Would Bring Welcome Clarity To Del. Corporate Law  A recently proposed bill in Delaware that would provide greater predictability for areas including director independence and controlling stockholders reflects prudential adjustments consistent with the state's long history of refining and modernizing its corporate law, say attorneys at Simpson Thacher. 
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								Opinion Attorneys Must Act Now To Protect Judicial Independence  Given the Trump administration's recent moves threatening the independence of the judiciary, including efforts to impeach judges who ruled against executive actions, lawyers must protect the rule of law and resist attempts to dilute the judicial branch’s authority, says attorney Bhavleen Sabharwal. 
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								Rethinking 'No Comment' For Clients Facing Public Crises  “No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen. 
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								Del. Supreme Court TripAdvisor Ruling May Limit 'MFW Creep'  The Delaware Supreme Court's recent Maffei v. Palkon ruling regarding TripAdvisor's proposed reincorporation to Nevada potentially signals a turning point in the trend of expanding the protections from Kahn v. M&F Worldwide to other types of transactions, says Andrew J. Haile at Elon University. 
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								Antitrust In Retail: Rude Awakening For FTC In Tempur Sealy  A Texas federal court's recent denial of a Federal Trade Commision order to stop a giant mattress merger because of lack of evidence on market segments shows that such definitions are only a viable path for regulating vertical mergers if antitrust agencies provide adequate documentation, says David Kully at Holland & Knight. 
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								How Design Thinking Can Help Lawyers Find Purpose In Work  Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a justice system stretched to its limits — but a design-thinking framework can help attorneys navigate this uncertainty and find meaning in their work, say law professors at the University of Michigan. 
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								Opinion US Steel-Nippon Merger Should Not Have Been Blocked  The Biden administration's block of the U.S. Steel and Nippon Steel merger on national security grounds was unconstitutional overreach and needs to be overturned, with the harms remedied in federal court, says attorney Chuck Meyer.