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Mergers & Acquisitions
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July 03, 2025
Thoma Bravo Buying Restaurant Platform Olo In $2B Deal
Software-focused private equity firm Thoma Bravo has agreed to purchase New York-based Olo Inc., a software-as-a-service platform for restaurants, in an all-cash transaction that gives Olo an approximately $2 billion equity value, the companies said Thursday.
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July 03, 2025
Morgan Lewis Attorney Joins Holland & Knight's NY Team
A Morgan Lewis & Bockius LLP lawyer who split his time between the firm's New York and Moscow offices has joined Holland & Knight LLP in New York where he'll continue his practice focused on cross-border transactions and other corporate matters.
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July 03, 2025
The Firms That Won Big At The Supreme Court
The number of law firms juggling three or more arguments before the U.S. Supreme Court this past term nearly doubled from the number of firms that could make that claim last term.
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July 03, 2025
Breaking Down The Vote: The High Court Term In Review
The U.S. Supreme Court once again waited until the term's closing weeks — and even hours — to issue some of its most anticipated and divided decisions.
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July 03, 2025
Citgo, Castrol Field Billion-Dollar Bids, And More Deal Rumors
Vitol submitted a more than $10 billion bid to buy the parent of Venezuela-owned U.S. refiner Citgo Petroleum, according to Wednesday reports, but subsequent news indicated that it might not be enough to beat out the competition. Castrol, which is BP's lubricant arm, is also running an auction process, with private equity firm Clayton Dubilier & Rice reportedly emerging as one of the latest bidders.
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July 03, 2025
Capital Markets Upturn Sets Stage For Second-Half Rebound
Deals attorneys are approaching the second half of 2025 increasingly confident that capital markets' activity will accelerate despite potential headwinds stemming from higher tariffs, interest rate uncertainties and geopolitical turmoil.
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July 03, 2025
Brookfield Business Partners Sells Stake To Evergreen Fund
Brookfield Business Partners, the flagship listed vehicle of Brookfield Asset Management, on Thursday announced that it has agreed to sell a portion of its stake in three businesses to a new evergreen private equity strategy managed by the group.
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July 03, 2025
Mid-Year M&A Deal Flow Suffers Amid Global Instability
More than six months into a new Donald Trump administration, the mergers and acquisitions boom that many market observers anticipated has failed to materialize. In part one of this two-part M&A review, industry attorneys discussed market activity so far this year, how geopolitical factors are impacting the dealmaking environment, and their outlook for the remainder of 2025.
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July 03, 2025
Investor EQT To Acquire Stake In Life Sciences Products Biz
Swedish investor EQT Group said Thursday that its healthcare business has agreed to acquire a majority stake in life sciences research company Europa Biosite.
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July 03, 2025
Pinsent Masons-Led Chesnara To Buy HSBC Life For £260M
British pensions company Chesnara PLC said Thursday it has agreed to acquire the specialist life protection and investment bond provider of banking giant HSBC for £260 million ($355 million) to give the group a "material step up in scale."
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July 02, 2025
EQV Ventures' Upsized IPO Tops 4 Listings Totaling $830M
Energy-focused special purpose acquisition company EQV Ventures Acquisition Corp. II began trading Wednesday after pricing an upsized $420 million initial public offering, in the largest of four SPAC IPOs totaling $830 million.
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July 02, 2025
Atkins Says SEC Is Taking A Fresh Look At SPAC Regulations
U.S. Securities and Exchange Commission Chair Paul Atkins said Wednesday that regulators are reviewing recently beefed-up rules governing special-purpose acquisition companies as part of a broader policy of increasing public listings.
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July 02, 2025
Ingersoll Rand Buys Italy's Termomeccanica For $188M
Ingersoll Rand Inc. has acquired Termomeccanica Industrial Compressors SpA and its subsidiary Adicomp SpA in a €160 million ($188 million) deal aimed at expanding its presence in the renewable natural gas and industrial compressor markets.
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July 02, 2025
Latham Guides Odyssey On $1.3B Applied Technical Exit
Latham & Watkins LLP-advised private equity firm Odyssey Investment Partners has agreed to sell Applied Technical Services Inc. to Swiss testing and inspection giant SGS SA for about $1.33 billion, the firms said Wednesday.
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July 02, 2025
Dems Condemn Paramount's $16M Settlement With Trump
Democratic lawmakers are incensed that CBS News' parent Paramount Global agreed to a $16 million settlement with President Donald Trump over his "60 Minutes" lawsuit, which came as the media company is seeking approval of an $8.4 billion merger with Skydance Media.
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July 02, 2025
Exiting US Steel GC To Leave With Over $18M After Nippon Deal
U.S. Steel Corp.'s former general counsel Duane Holloway will leave his special adviser job on July 18 more than $18.5 million from stock -- plus several million more from a golden parachute -- thanks to the company's recent sale to Nippon Steel, according to a recent company filing.
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July 02, 2025
Greenberg Traurig Adds Willkie Private Equity Pro In Houston
Greenberg Traurig LLP has added a corporate shareholder in Houston from Willkie Farr & Gallagher LLP, furthering the firm's expansion of its private equity and mergers and acquisitions practices.
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July 02, 2025
Investor Says Pot Shop Owner 'Absconded' With Sale Funds
A key investor in a Massachusetts cannabis dispensary says the shop's owner sold part of the business out from under her after she sought to exercise an ownership option, then failed to turn over proceeds from the sale, according to a suit filed in state court.
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July 02, 2025
The Funniest Moments Of The Supreme Court's Term
After justices and oral advocates spent much of an argument pummeling a lower court's writing talents, one attorney suggested it might be time to move on — only to be told the drubbing had barely begun. Here, Law360 showcases the standout jests and wisecracks from the 2024-25 U.S. Supreme Court term.
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July 02, 2025
Canned Food Group Del Monte Hits Ch. 11 With $1.2B Debt
Packaged foods giant Del Monte is seeking Chapter 11 bankruptcy protection in New Jersey with plans for a sale after a liability management transaction last year failed to sufficiently reduce borrowing costs from its $1.23 billion of secured debt.
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July 02, 2025
Kirkland, Simpson Thacher Guide KKR's £4.1B Spectris Bid
High-tech instruments manufacturer Spectris said on Wednesday that it has given its backing to a £4.1 billion ($5.6 billion) takeover by U.S. private equity giant KKR, which has outbid a £3.8 billion offer by another PE firm, Advent.
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July 01, 2025
5 Firms Guide In Intralot's €2.7B Buy Of Bally's Business
Greek gambling company Intralot SA, with guidance from Milbank LLP and a second firm, will acquire Bally's Corporation's international interactive business in a cash-and-shares deal valuing the division at €2.7 billion ($3.19 billion), with three firms, including Fried Frank Harris Shriver & Jacobson LLP and Nixon Peabody LLP, advising Bally's.
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July 01, 2025
The Sharpest Dissents From The Supreme Court Term
The term's sharpest dissents often looked beyond perceived flaws in majority reasoning to raise existential concerns about the role and future of the court, with the justices accusing one another of rewarding executive branch lawlessness, harming faith in the judiciary and threatening democracy, sometimes on an emergency basis with little briefing or explanation.
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July 01, 2025
Fenwick, Latham Lead Web-Design Giant Figma's IPO Filing
Web-design software maker Figma Inc. on Tuesday filed for an initial public offering, joining a growing pipeline of IPO candidates as summer heats up, represented by Fenwick & West LLP and underwriters counsel Latham & Watkins LLP.
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July 01, 2025
Banking Veteran's Latest SPAC Leads 3 IPOs Raising $420M
Banking executive Betsy Cohen's latest special purpose acquisition company began trading Tuesday after raising $220 million, in the largest of three initial public offerings totaling $420 million to join a resurgent SPAC market.
Expert Analysis
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Losing A Motion To Dismiss Ruling Isn't Necessarily The End
A recent Delaware Court of Chancery ruling, that the Manti Group had not demonstrated any conflicts of interest favoring private equity fund operator The Carlyle Group, serves as an important reminder that a decision on a pleading motion is not the end of the story, say attorneys at Sidley.
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Imagine The Possibilities Of Openly Autistic Lawyering
Andi Mazingo at Lumen Law, who was diagnosed with autism about midway through her career, discusses how the legal profession can create inclusive workplaces that empower openly autistic lawyers and enhance innovation, and how neurodivergent attorneys can navigate the challenges and opportunities that come with disclosing one’s diagnosis.
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Top 10 Healthcare And Life Sciences Issues To Watch In 2025
Under the new Trump administration, this coming year may benefit some healthcare and life sciences stakeholders, while creating new challenges for others amid an increasingly complex regulatory environment, say attorneys at Debevoise.
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Series
Documentary Filmmaking Makes Me A Better Lawyer
Becoming a documentary filmmaker has allowed me to merge my legal expertise with my passion for storytelling, and has helped me to hone negotiation, critical thinking and problem-solving skills that are important to both endeavors, says Robert Darwell at Sheppard Mullin.
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Litigation Funding Disclosure Debate: Strategy Considerations
In the ongoing debate over whether courts should require disclosure of litigation funding, funders and plaintiffs tend to argue against such mandates, but voluntarily disclosing limited details about a funding arrangement can actually confer certain benefits to plaintiffs in some scenarios, say Andrew Stulce and Marc Cavan at Longford Capital.
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Top Considerations For Insurance Companies In 2025
As insurance industry participants look to plan for the year, regulatory changes, climate-related challenges, the ongoing effects of social inflation and the potential for significant mergers and acquisitions will be among the key items for insurer boards and management to have on their radar, say attorneys at Debevoise.
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Del. Dispatch: Lessons From Failed Albertsons-Kroger Merger
The allegations in Albertsons' lawsuit against Kroger following the grocery stores' blocked merger demonstrate how a target company can best ensure that a buyer timely and effectively complies with its obligations to pursue the necessary regulatory approvals for a deal, say attorneys at Fried Frank.
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Series
Adventure Photography Makes Me A Better Lawyer
Photographing nature everywhere from Siberia to Cuba and Iceland to Rwanda provides me with a constant reminder to refresh, refocus and rethink the legal issues that my clients face, says Richard Birmingham at Davis Wright.
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How Views On Healthcare Price Transparency Are Changing
Regulators' attitudes toward price transparency regulation have shifted over the past several years in ways that may seem contradictory, and research into detailed rate information published by hospitals and health plans has yielded mixed results, says Matthew List at Charles River Associates.
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The 5 Most Important Bid Protest Decisions Of 2024
The U.S. Court of Appeals for the Federal Circuit, the Court of Federal Claims and the Government Accountability Office issued five noteworthy bid protest decisions in 2024 that will likely have a continuing impact on questions concerning standing, timeliness, corporate transactions and more, say attorneys at Bradley Arant.
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5 Ways To Create Effective Mock Assignments For Associates
In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.
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Overseas Investment Rule Calls For Compliance Caution
Investors should be leery of who and what they are investing in now that the federal outbound investment regime, effective Jan. 2, has extended the governement's regulatory reach to businesses and parties not previously subject to trade restrictions, says Thaddeus McBride at Bass Berry.
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Recent Suits Show Antitrust Agencies' Focus On HSR Review
The U.S. Department of Justice's suit this month against KKR for inaccurate and incomplete premerger filings, along with other recent cases, highlights the agency's increasing scrutiny of Hart-Scott-Rodino Act compliance for private equity firms, say attorneys at Willkie.
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The 7th Circ.'s Top 10 Civil Opinions Of 2024
Attorneys at Jenner & Block examine the most significant decisions issued by the Seventh Circuit in 2024, and explain how they may affect issues related to mass arbitration, consumer fraud, class certification and more.
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Mentorship Resolutions For The New Year
Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.