Top Stories

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  Albertsons Says It Offered $800M To Save Kroger Deal

  By Jarek Rutz

  Albertsons Cos. Inc.'s general counsel testified Tuesday that The Kroger Co. passed on proposed store divestitur...(read more)

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  Wachtell Lipton, Covington Aid Salesforce's $5.66B Braze Buy

  By Al Barbarino

  Salesforce said Tuesday it has agreed to acquire Braze for a roughly $5.66 billion enterprise value, part of a b...(read more)

• States' Suit Over Trump Energy EO Sparks Broader Questions

  By Rachel Riley

  A Washington federal judge considering the Trump administration's bid to dismiss a multistate challenge to an executive order declaring a national energy emergency said Tuesday that the case highlights a broader dilemma: how courts should handle litigation based on "a single executive directive that sets in motion hundreds of agency decisions."  

• Kagan: High Court 'Blinded Itself' To Election Ruling Effects

  By Katie Buehler

  U.S. Supreme Court Justice Elena Kagan criticized her conservative colleagues' approach to deciding election law cases Tuesday, saying they often rule without considering the real-world consequences of their decisions. 

• CFPB's Debanking Push Puts Enforcement Reset To The Test

  By Jon Hill

  The Consumer Financial Protection Bureau is pledging to crack down on allegedly discriminatory debanking practices, but this enforcement initiative could put the agency on a collision course with both the limits of its authority and its commitment to avoiding "novel legal theories."

• 7th Circ. Rejects Removal Of Hospital Patient Privacy Suits

  By Danielle Ferguson

  The Seventh Circuit on Tuesday joined a host of other appellate courts in determining healthcare providers were not "acting under" the federal government when they created patient web portals, finding actions alleging hospitals improperly shared patient information belonged in state court.

• 8th Circ. Panel Doubts Investors' Medtronic Insulin Pump Suit

  By Kellie Mejdrich

  The Eighth Circuit appeared skeptical Tuesday of investors' bid to revive allegations that medical device company Medtronic failed to properly communicate problems with an insulin pump device it manufactured and was ultimately recalled, with judges questioning arguments that certain interactions between the company and regulators weren't properly disclosed.

• New Rule On Invoking Defendant's Past Convictions Hits Snag

  By Phillip Bantz

  A yearslong effort to make it harder for prosecutors to invoke a criminal defendant's past convictions appeared to be gaining traction — until the senior executive arm of the Judicial Conference recently intervened and the U.S. Department of Justice abruptly withdrew its support for the proposal.

• 3 Firms Steer $1.97B Tradeweb, Trumid Credit Trading Deal

  By Al Barbarino

  Tradeweb Markets Inc. has agreed to acquire credit trading marketplace Trumid Holdings for approximately $1.97 billion, as the fixed-income trading platform looks to expand its presence across the bond life cycle.

• Sher Tremonte Exiting Defense Of Combs In Abuse Civil Suits

  By Pete Brush

  A Manhattan federal judge gave Sher Tremonte LLP leave to stop representing Sean "Diddy" Combs in two private sexual abuse damages cases Tuesday, bringing to at least three such matters the litigation boutique has dropped in New York citing communication breakdown and nonpayment.

• 6 Firms Advise On Prudential's $4B Brazil, Mexico Sale

  By Al Barbarino

  Prudential Financial Inc. said Tuesday it has agreed to sell its businesses in Brazil and Mexico to French insurer CNP Assurances Group for $4.03 billion in cash, with Willkie Farr & Gallagher LLP and Skadden Arps Slate Meagher & Flom LLP among six international law firms advising on the deal.

• CMA Seeks Views On Intersurgical's Teleflex Deal

  By Irene Madongo

  Britain's antitrust regulator invited comments Tuesday on whether local medical device maker Intersurgical's proposed $530 million acquisition of two businesses could harm competition in U.K. markets.

• Ohio Justices Say Moratorium Ends Data Center Site Plan

  By Nate Beck

  The Ohio Supreme Court on Tuesday unanimously rejected a data center developer's call to force Lordstown, Ohio, to consider a plan for a project submitted days before the village council enacted a ban on the construction of any new data centers.

• Schneider Electric Raises €6B To Help Back PTC Acquisition

  By Irene Madongo

  Schneider Electric said Tuesday it has successfully raised €6 billion ($6.7 billion) in a share sale, which the French technology company intends to use to partially fund its planned $22.6 billion purchase of industrial software provider PTC Inc.