Linklaters Helps On Jardine Matheson's $2.4B Med Tech Buy

By Najiyya Budaly

Jardine Matheson of Hong Kong has said it will buy I-MED Radiology Network for $2.4 billion, adding the Australian diagnostic imaging company to its portfolio as it seeks to invest in healthcare diagnostics.

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Bridge Stockholders Say They Were Stiffed In Apollo Deal

By Hailey Konnath

A group of Bridge Investment Group Holdings Inc. investors has filed a proposed class action against a handful of the company's executives and directors, claiming that the firm's stock-for-stock merger with Apollo Global Management Inc. led to big gains for Bridge's controlling stockholders that weren't shared with public, minority stockholders.

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SEC's Atkins Floats Loosening IPO Communication Rules

By Jessica Corso

U.S. Securities and Exchange Commission Chairman Paul Atkins said Tuesday evening that the agency is in the process of writing rules aimed at encouraging more companies to go public, including by potentially relaxing prohibitions on communication between prospective public companies and investors.

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6 Firms Build Terra Quantum's $3.5B SPAC Merger

By Jade Martinez-Pogue

Swiss quantum security firm Terra Quantum AG on Tuesday announced plans to go public by merging with special purpose acquisition company Axiom Intelligence Acquisition Corp. 1 in a deal built by six law firms that boasts an equity value of $3.5 billion.

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Latham, Milbank Guide Data Center Power Co.'s $2B IPO Pitch

By Nate Beck

Gas engine maker Innio is seeking a valuation of up to $20.3 billion in an initial public offering guided by Latham & Watkins LLP and Milbank LLP that's set to price amid interest in companies supporting the infrastructure for artificial intelligence technology.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court this past week handled a broad mix of cross-border corporate control disputes, merger settlements, startup equity fights, advancement claims and board oversight litigation, while also weighing fallout from high-profile deals involving Microsoft Corp., The Boeing Co. and Nikola Corp.

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Fla. Judge Quashes Lutnick Subpoena In Trump Media Fight

By Carolina Bolado

A Florida state judge quashed a subpoena to U.S. Commerce Secretary Howard Lutnick in a dispute over taking President Donald Trump's Truth Social platform public, finding Tuesday that Lutnick was not properly served the subpoena at his part-time Florida residence.

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4th Circ. Shuts Down Suit Against PE Firm Over Plant Closure

By Patrick Hoff

The Fourth Circuit refused Tuesday to reopen a proposed class action claiming a private equity firm violated federal laws by abruptly shutting down a manufacturing plant, ruling decades-old U.S. Supreme Court precedent barred the former workers from suing simply to collect on a judgment against the manufacturer.

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2nd Circ. Eyes Bail For Bribe Case Cooperator: 'Why Not?'

By Pete Brush

A Second Circuit judge on Tuesday questioned a Manhattan federal judge's decision to deny bail to prolific cooperator Jona Rechnitz while he appeals a five-month sentence for facilitating bribery inside the New York Police Department and in a law enforcement union, saying the lower court appeared "annoyed" when bail was mentioned.

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Honeywell's Quantinuum Launches Plans For $1B IPO

By Jade Martinez-Pogue

Quantum computer developer Quantinuum on Tuesday unveiled plans for an estimated $1 billion initial public offering led by Latham & Watkins LLP and Davis Polk & Wardwell LLP.

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Kirkland, Davis Polk Lead Defense Contractor's $634M IPO

By Elaine Briseño

Government contractor Applied Aerospace & Defense unveiled a targeted $634 million initial public offering steered by Kirkland & Ellis LLP and Davis Polk & Wardwell LLP, with 32.5 million shares priced between $18 and $21, according to a Tuesday statement.

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Lowenstein Brings Former Steptoe Atty To M&A Team In NY

By Andrea Keckley

Lowenstein Sandler LLP has added a former Steptoe LLP attorney to its mergers and acquisitions and capital markets and securities practices, the firm announced Tuesday.

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Wiley Hit With Proposed Class Action Over Data Breach

By Christine DeRosa

Wiley Rein LLP has been hit with a proposed class action accusing the Washington, D.C., firm of negligence after the firm said a group that may be affiliated with the Chinese government accessed emails of firm personnel.

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Quinn Emanuel Sues To Collect $1.5M From Binance's Zhao

By Caroline Simson

Quinn Emanuel has filed suit in Washington, D.C., against former Binance CEO Changpeng Zhao, who was pardoned by President Donald Trump last fall, asking the court to enforce an arbitral award of nearly $1.5 million in unpaid attorney fees and other costs.

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Trump Admin Wants Federal Workers To Sign NDAs, Citing Leaks

By Bonnie Eslinger

President Donald Trump's administration on Tuesday announced that it wishes to require federal employees with access to sensitive government information to sign a nondisclosure agreement, citing recent leaks related to immigration enforcement operations and the release of personal information belonging to approximately 4,500 Immigration and Customs Enforcement employees.

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SPLC Says DOJ Indictment Is Baseless 'Retributive Campaign'

By Hailey Konnath

The Southern Poverty Law Center on Tuesday asked an Alabama federal court to throw out the Trump administration's indictment claiming it paid extremist group informants to "stoke racial hatred," arguing that it's a "top-down, retributive campaign" that constitutes vindictive prosecution.

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3rd Circ. Disapproves Of Judge's Quips In Fatal Crash Case

By Y. Peter Kang

The Third Circuit on Tuesday scolded a Pennsylvania federal judge for his "inappropriate attempted witticisms" while presiding over a lawsuit in which a parent blamed transportation companies for the deaths of his two children in a highway collision, saying the judge's "ill-conceived attempts at levity" in a fatal injury case could be misinterpreted by the public.

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Justices Order Redo In Immigration Judges' Free Speech Suit

By Katie Buehler

The U.S. Supreme Court on Tuesday reversed a Fourth Circuit order that had revived the immigration judges union's challenge to restrictions on their ability to speak publicly, finding the lower court abused its discretion by relying on arguments not raised by either party, and ordered further proceedings.

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Brief

Justices To Consider Taking Judge Newman Case On June 11

By Emily Sawicki

The U.S. Supreme Court is set to decide whether to take up U.S. Circuit Judge Pauline Newman's petition seeking to overturn her suspension from the Federal Circuit on June 11, according to a notice posted Tuesday.

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Comey Case Delayed Due To 'Gravity' Of Charges, Discovery

By Phillip Bantz

A North Carolina federal judge on Tuesday granted former FBI Director James Comey's unopposed request to postpone his arraignment and trial on charges he threatened President Donald Trump with a social media post of seashells, finding that ongoing discovery and the "gravity of the charges" favor an extension and "outweigh" any interests in having a speedy trial.

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By Jared Foretek

Attorneys who represented Jan. 6 defendants will have to face a consultant's claims that they copied her jury-attitude report without permission after a D.C. federal judge rejected their arguments that their conduct fell under fair use and the public's right to access court records.

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Pirro, Blanche Fight DQ Bid In Attempted Assassination Case

By Christine DeRosa

U.S. Attorney Jeanine Pirro and Acting Attorney General Todd Blanche are fighting a bid from the California man accused of an attempted assassination of President Donald Trump at the White House Correspondents' Association dinner to disqualify them from handling the case.

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Beasley Allen Fails To Overturn J&J Talc Disqualification

By Adrian Cruz

A New Jersey federal judge affirmed the Beasley Allen Law Firm's disqualification from multidistrict litigation over Johnson & Johnson's talcum powder on Tuesday, determining that the firm has failed to provide a valid reason to back its attempt at a stay and temporary reinstatement into the matter.

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DHS Pauses ICE Home Entries Under Administrative Warrants

By Courtney Bublé

Homeland Security Secretary Markwayne Mullin told a Democratic senator earlier this month he's paused immigration agents' use of administrative warrants to enter private property, but has not officially revoked the controversial policy issued last year.

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Titan Of The Plaintiffs Bar: Cohen Milstein's Brent Johnson

By Matthew Perlman

Brent W. Johnson is helping to pioneer the use of antitrust law to tackle collusion in low-wage labor markets with work that includes representing workers from poultry- and meat-processing plants in a pair of cases that led to more than $600 million in settlements last year.

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