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TOP NEWS
POLICY & REGULATION
LITIGATION
Delaware Chancery Keeps $8.9B R1 RCM Buyout Claim Alive
By Jarek Rutz
The Delaware Chancery Court has ruled that private equity firm TowerBrook Capital Partners LP and health system Ascension Health Alliance must face a stockholder claim challenging healthcare revenue management venture R1 RCM Inc.'s $8.9 billion take-private deal, finding that their joint investment vehicle qualified as a controlling stockholder despite owning less than one-third of the company's voting shares.
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EXPERT ANALYSIS
LEGAL INDUSTRY
Law360's Legal Lions Of The Week
By Kevin Penton
Consovoy McCarthy PLLC and Smith Porsborg Schweigert Armstrong Moldenhauer & Smith lead this week's edition of Law360 Legal Lions, after the Eighth Circuit struck down the Federal Reserve's regulatory cap on the swipe fees that larger banks may collect on debit card transactions.
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Roundup
GC Cheat Sheet: The Hottest Corporate News Of The Week
By Michele Gorman
Meta reached a settlement during jury selection in the second Los Angeles bellwether trial over claims its Instagram platform harms the mental health of children, leaving Snap as the lone defendant facing trial. In the meantime, current and former in-house lawyers for Google and Meta said that the ability of AI to write patent applications is rapidly improving, and that in blind tests, experienced attorneys often deem AI-drafted patents to be superior to those from humans. These are some of the stories in corporate legal news you may have missed in the past week.
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