Weil Guides Brookfield On $900M Italian Machinery Biz Deal

By Al Barbarino

Weil Gotshal & Manges LLP-advised Brookfield said on Monday it has agreed to buy Italy's Fosber, a maker of machinery and services for the corrugated packaging industry, in a deal that values the company at about $900 million.

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Brief

Investment Firms End $3.4B Pursuit Of Australian Insurer AUB

By Tom Fish

AUB Group Ltd. said Monday that talks with investment firms EQT AB and CVC Asia Pacific Ltd. have ended after the consortium said it would not proceed with a takeover of AUB worth AU$5.24 billion ($3.44 billion).

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Chancery OKs $9.4M Deal To End Sears Take-Private Suit

By Jeff Montgomery

Terming it a settlement that is "easy to approve," a Delaware vice chancellor on Monday OK'd a $9.37 million deal to end a suit contesting investor payouts after a take-private deal for Sears Hometown and Outlet stores in 2019.

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MVP: Davis Polk's Andrew M. Ahern

By Matt Perez

Andrew M. Ahern of Davis Polk & Wardwell LLP co-led a $6 billion fund for PSG Equity LLC, a $2.2 billion buyout fund for J.F. Lehman & Co. and multiple funds totaling $2 billion for Lightspeed Venture Partners amid a move to his new firm, earning him a spot among the 2025 Law360 Fund Formation MVPs.

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Chancery Tosses Suit Challenging Auto Repair Biz Sale Nix

By Jeff Montgomery

Investors in affiliates of auto repair venture Repairify Inc. failed to show an enforceable fiduciary duty breach when they launched a derivative suit accusing the company's controller and others of snubbing a push to sell the business, a Delaware vice chancellor declared on Monday.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court saw a slate of corporate law clashes this past week, from fast-moving injunction fights in consumer product and real estate markets to multibillion-dollar oversight claims against crypto executives and fresh battles over control for two sports teams.

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Series

The Law Firm Merger Diaries: How To Build On Cultural Fit

Law firm mergers should start with people, then move to strategy: A two-level screening that puts finding a cultural fit at the pinnacle of the process can unearth shared values that are instrumental to deciding to move forward with a combination, says Matthew Madsen at Harrison.

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Ex-Immigration Judge Accuses DOJ Of Political Retaliation

By Dorothy Atkins

A former Ohio immigration judge sued the U.S. Department of Justice in D.C. federal court Monday, alleging she was discriminated against and unconstitutionally fired for her liberal political beliefs while slamming the Trump administration's recent "unprecedented assault" against longstanding civil service laws that protect millions of federal employees.

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Feature

Meet The Attys Arguing Gov't Subpoena Power At High Court

By Mark Payne

Law360 introduces the lawyers appearing at the U.S. Supreme Court on Tuesday in a case focused on an anti-abortion crisis center and a state attorney general's attempt to subpoena details on its donors.

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3rd Circ. Says Habba Barred From Serving As Acting US Atty

By Carla Baranauckas

President Donald Trump's former personal lawyer cannot serve as acting U.S. attorney for New Jersey, the Third Circuit ruled Monday in a precedential opinion holding that her appointment violated the Federal Vacancies Reform Act and undermined the constitutional safeguards of Senate confirmation.

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Calif. Ban On Fee-Sharing With 'Alternative' Firms Challenged

By Jack Karp

A new law barring California lawyers and firms from sharing fees with out-of-state law firms owned by nonlawyers is unconstitutional and will harm the state's mass tort lawyers and their clients, according to a lawsuit filed last week.

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Analysis

What MDL Judges Can Get Done With A New Civil Rule

By Cara Salvatore

As the first federal procedure rule geared toward multidistrict litigation goes into effect, judges will have a new buffet of best practices to guide them, but little in the way of hand-tying mandates.

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White House Crypto Czar Hired Clare Locke Amid NYT Probe

By Aislinn Keely

The tech founder-turned-White House crypto and artificial intelligence czar David Sacks has hired defamation specialists at Clare Locke LLP to combat a New York Times investigation into potential conflicts of interest arising from his personal tech investments and role as a White House policy adviser.

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Suit Against Erika Girardi's Atty Tossed As 'Shotgun Pleading'

By Madison Arnold

A Florida federal court has dismissed a clothing company's abuse of process suit against an attorney of "Real Housewives of Beverly Hills" star Erika Jayne for being a shotgun pleading.

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