4 Firms Build Amneal's Up To $1.1B Kashiv Biosimilars Buy

By Jade Martinez-Pogue

Biopharmaceutical company Amneal Pharmaceuticals Inc. on Wednesday unveiled plans to acquire biosimilars-focused Kashiv BioSciences LLC in a deal worth up to $1.1 billion that was built by four law firms.

Read full article » | Save to favorites »

Lime Rock New Energy Clinches 2nd Fund With $640M In Tow

By Jade Martinez-Pogue

Private equity shop Lime Rock New Energy on Wednesday revealed that it has closed its second fund above target after securing $640 million of commitments.

Read full article » | Save to favorites »

Latham-Led Convenience Chain Yesway Rings Up $280M IPO

By Jade Martinez-Pogue

Convenience store chain Yesway hit the public markets Wednesday after raising $280 million in its initial public offering steered by Latham & Watkins LLP and Allen Overy Shearman Sterling.

Read full article » | Save to favorites »

Willkie Helps Mutares Raise €105M For US Expansion

By Najiyya Budaly

German private equity shop Mutares said Wednesday that it has raised €105 million ($123 million) to fuel its expansion in the U.S. through acquisitions.

Read full article » | Save to favorites »

Citizenship Questions Can't End Fraud Suit Against SL Green

By Isaac Monterose

A New York federal judge on Wednesday refused to toss a fraud suit accusing office-focused real estate investment trust SL Green Realty Corp. and several of its entities of conducting a fraudulent property transfer scheme in order to dodge a nearly $13 million judgment, ruling that allegations regarding the plaintiff's citizenship at the time it filed suit will have to be resolved later.

Order attached | Read full article » | Save to favorites »

Commure Took Health Co.'s Software Trade Secrets, Suit Says

By Elliot Weld

A San Diego-based healthcare technology services company has accused Commure Inc. of stealing trade secrets to launch competing cloud-based software, framing the alleged conduct as an instance of a large company "backed by big money" breaking the rules to obtain a much smaller competitor's information.

Complaint attached | Read full article » | Save to favorites »

Simpson Thacher Adds Another Kirkland Finance Alum In Calif.

By Gina Kim

Simpson Thacher & Bartlett LLP has hired another former Kirkland & Ellis LLP partner to join its recently formed capital structure solutions practice in the San Francisco area, where she'll focus on banking and other finance matters, Simpson Thacher announced Wednesday.

Read full article » | Save to favorites »

StoneTurn Hires Ex-SEC Enforcement Accountant As Partner

By Sarah Jarvis

StoneTurn announced Wednesday that it has hired a new partner with 15 years of experience at the U.S. Securities and Exchange Commission, including as a forensic accountant in the agency's enforcement division.

Read full article » | Save to favorites »

Stoel Rives Hires Transactional Partner In Seattle Office

By Nate Beck

Stoel Rives LLP has hired a Seattle-based partner with a transactional practice advising on corporate, investment and real estate matters.

Read full article » | Save to favorites »

Womble Bond Hires Ex-White & Case RE Atty For Partner Role

By Isaac Monterose

Womble Bond Dickinson has hired a former White & Case LLP partner who specializes in real estate financing and private capital market deals for a partner role in its New York City office, the firm recently announced.

Read full article » | Save to favorites »

Mitigating Multistate Risks As California Expands Tax Reach

Though California's new sourcing rules and extension of the pass-through entity election have created uncertainty, practitioners should file protective returns to respect the law's ambiguity and take certain other steps to protect clients from the costs of losing a future audit, says attorney Delina Yasmeh.

Read full article » | Save to favorites »

Series

Law School's Missed Lessons: How To Draft Pleadings

Most law school graduates step into their first jobs without ever having drafted a complaint, answer, motion or other type of pleading, but that gap can be closed by understanding the strategy embedded in every filing, writing with clarity and purpose, and seeking feedback at every step, says Eric Yakaitis at Haug Barron.

Read full article » | Save to favorites »

Norton Rose Faces $100M Suit Over Withdrawn Patent App

By Celeste Bott

Norton Rose Fulbright was sued in Illinois state court Tuesday by an advertising tech company claiming that the law firm mishandled a patent application and caused it to be deemed withdrawn, but kept the company in the dark about the loss of its valuable patent rights for over a year.

Read full article » | Save to favorites »

Lockheed Birth Defect Trial Judge 'Disappointed' By Attys

By Cara Salvatore

A Florida federal judge said Tuesday he's "puzzled and disappointed" in counsel who appear "unprepared" on the eve of trial in a suit by children who blame their birth defects on Lockheed Martin's chemical handling practices at an Orlando defense system manufacturing and research facility.

Order attached | Read full article » | Save to favorites »

Hunter Biden Blasts Winston & Strawn Tactics In Fee Row

By Emily Sawicki

As a discovery dispute between Hunter Biden and Winston & Strawn LLP drags on amid a suit over allegedly unpaid legal bills, the former president's son accused the BigLaw firm, which once represented him in a Delaware criminal case and other matters, of resorting to "what is uncomfortably close to an ad hominem attack" against him.

Motion attached | Read full article » | Save to favorites »

Analysis

Bondi's Proposed Rule Change May Shield Her In Ethics Case

By Phillip Bantz

A federal rule change that Pam Bondi proposed before she was fired as U.S. attorney general could stymie an ethics complaint against her in Florida, which is expected to be refiled after the state bar declined to take up the case during her tenure, experts say.

Read full article » | Save to favorites »

Messner Reeves Accused Of $8.3M Trust Account Fraud

By Zach Dupont

Colorado law firm Messner Reeves LLP was hit with a lawsuit Tuesday in federal court from five businesses claiming it stole more than $8 million from them in a fraudulent loan scheme involving a now-defunct sports arena and hotel project in Las Vegas.

Complaint attached | Read full article » | Save to favorites »

Alston & Bird Says Goliath Investors Can't Claim Malpractice

By Carolina Bolado

Alston & Bird LLP urged a Florida federal court on Wednesday to toss a malpractice suit claiming the firm facilitated a $328 million cryptocurrency scam at Goliath Ventures Inc., arguing that the proposed class of Goliath investors who brought the suit were never clients of the firm.

Motion attached | Read full article » | Save to favorites »

Analysis

House GOP Again Pushes Data Privacy Bill To Override States

By Allison Grande

House Republicans on Wednesday took their latest crack at establishing a cohesive nationwide data privacy framework, floating legislation that would give consumers more control over their personal information while preempting a growing patchwork of state laws, although early criticisms indicate that the issues that have long stymied these efforts persist.

2 documents attached | Read full article » | Save to favorites »

330+ Groups Urge DOJ To Restore Immigration Aid Staff

By Courtney Bublé

More than 300 legal services providers, faith-based institutions and community groups are calling on the U.S. Department of Justice to fully restore a program that allows nonlawyers to assist low-income and indigent persons in immigration proceedings.

Letter attached | Read full article » | Save to favorites »

Acting DOJ Inspector General Tapped For Permanent Post

By Jack Karp

President Donald Trump has nominated the U.S. Department of Justice's acting inspector general, who investigated the FBI's probe into Trump's links with Russia, to remain in that role on a permanent basis, according to a White House announcement.

Read full article » | Save to favorites »

Paint Co. Says Injury Firm Used Stolen Data To Solicit Clients

By Abigail Harrison

A paint company has asked a North Carolina federal court to boot the opposing counsel in a putative data breach class action, accusing them of finding stolen data on the dark web and using it to solicit potential plaintiffs before victims were even notified of the breach.

Memorandum attached | Read full article » | Save to favorites »