Kirkland, Gibson Dunn Steer Merger Forming $50B Gas Co.

By Nate Beck

EQT Corp. said Monday that it plans to acquire Range Resources Corp. for $13 billion, creating a natural gas company valued at more than $50 billion in a transaction steered by Kirkland & Ellis LLP and Gibson Dunn & Crutcher LLP.

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Wilson Sonsini, Freshfields Advise Anthropic's IPO Filing

By Jade Martinez-Pogue

Claude developer Anthropic PBC on Monday filed plans for its long-anticipated blockbuster initial public offering steered by Wilson Sonsini Goodrich & Rosati PC and Freshfields LLP.

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Empery Faces Limited Restrictions In ATG Proxy Fight

By Jarek Rutz

The Delaware Chancery Court ruled Monday that Empery Digital Inc. must provide activist investor ATG Capital Opportunities Fund LP five business days' notice before taking certain major corporate actions while the parties fight over a disputed board seat, rejecting broader restrictions that could give ATG outsized influence over the company's operations.

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6 Firms Steer $5.7B Surgery Partners Take-Private Deal

By Jade Martinez-Pogue

Healthcare services organization HealthSpan Partners on Monday announced plans to acquire short-stay surgical facility owner and operator Surgery Partners in an all-cash take-private deal valued at $5.7 billion that was built by six law firms.

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Radiology Co. Strikes Deal In ESOP Fight Ahead Of Trial

By Grace Elletson

Radiology company Envision and its trustee have settled a class action claiming they brokered an inflated $163.7 million stock sale to the business' employee stock ownership plan, staving off a bench trial that was days away from kicking off, according to a Colorado federal court filing.

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Trump Media Investor Says Firm Reaped $18M On Inside Info

By Carolina Bolado

A Trump Media & Technology Group Corp. shareholder told jurors in Florida federal court on Monday that the $18 million a venture capital firm made when Trump Media went public should be returned because it was the result of insider trading.

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Colo. Real Estate Co. Says Investor Misread PE Priority Deal

By Nate Beck

A Colorado industrial real estate firm seeking to exit a state court lawsuit argued that an investor retained its share in the company without scrutinizing a 2023 deal that gave a private equity firm control of the company and a priority stake in exchange for a $26.5 million investment.

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BellRing Investors' Sales-Growth Claims Narrowed By Court

By Katryna Perera

A New York federal judge has significantly narrowed a proposed class action against BellRing Brands, the owner of Premier Protein and other supplement brands, dismissing challenged statements about retailer stockpiling, promotions and competition, as well as claims against the company's board chair.

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3 Firms Steer Obesity Drugmaker Corxel's $377M SPAC Deal

By Jade Martinez-Pogue

Obesity-focused biopharmaceutical company Corxel Pharmaceuticals Inc. on Monday unveiled plans to go public by merging with special-purpose acquisition company Amanat Acquisition Corp. in a deal expected to generate roughly $377 million in gross proceeds and that was built by three law firms.

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Hg To Buy Majority Stake In Renewable Software Biz 3E

By Dawood Fakhir

Renewable energy technology company 3E said Monday that it has secured "a majority investment" from private equity firm Hg in a deal in which HgCapital Trust PLC will also invest approximately £6.1 million ($8.1 million).

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Winston Taylor Adds Baker McKenzie M&A Pro In Dallas

By Lynn LaRowe

Winston Taylor announced Monday that it has strengthened its global mergers and acquisitions and private equity offerings with a partner in Dallas who came aboard after nearly two decades with Baker McKenzie.

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How Senate-Passed Bill May Reshape NCAA Antitrust Liability

With the U.S. Senate's recent passage of the Protect College Sports Act, practitioners should not wait for the U.S. House of Representatives' approval to prepare for shifts in potential antitrust protections, compensation, media rights deals and conference mergers, say attorneys at Norton Rose.

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2nd Circ. EFAA Ruling Shifts Employer Litigation Strategy

In Diaz-Roa v. Hermes Law, the Second Circuit recently held that, under the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act, employers can't carve out nonharassment claims and send them to arbitration, which has implications for discovery, litigation costs and resolution strategy in EFAA-covered disputes, say attorneys at Krevolin Horst.

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Brief

Fenwick & West To Match $235K Salary Scale For Associates

By Tracey Read

Fenwick & West LLP is reportedly the latest firm that will raise associate pay in the new year.

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Ex-Fla. Bar Prez Accused Of Botching $350M Estate Claim

By Carolina Bolado

The widow of a Miami real estate investor is suing a former president of the Florida Bar for malpractice, claiming his botched representation left her without a claim to her late husband's $350 million estate.

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4th Circuit Says W.Va. Daniel's Law Is Unconstitutional

By Rose Krebs

The Fourth Circuit on Tuesday affirmed a district court determination striking down as unconstitutional West Virginia's law restricting the publication of the home addresses and phone numbers of law enforcement and judicial officials, saying the district court applied "well-established" First Amendment principles.

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