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Mergers & Acquisitions
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April 02, 2026
Amazon Mulls $9B Globalstar Buy, Plus More Rumors
Amazon is considering an acquisition of satellite company Globalstar in a $9 billion deal, cosmetics giant Estee Lauder is in talks to merge with Spanish beauty firm Puig in a deal that would create a $40 billion beauty giant, and private equity behemoth Apollo is in discussions to acquire Atlantic Aviation from KKR in a $10 billion deal.
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April 02, 2026
Del. Chancery Limits Kraft Heinz Suit To Director Claims
The Delaware Chancery Court on Thursday allowed stockholders suing The Kraft Heinz Co. to amend part of their complaint over a $1.2 billion stock sale, but sharply limited the case to newly uncovered evidence about a single director's consulting relationship.
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April 02, 2026
Musk, X Settle Former Twitter Workers' Severance Suit
X Corp. and Elon Musk have agreed to settle claims by a group of six former Twitter employees that they were falsely promised severance benefits in connection with Musk's acquisition of the social media company.
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April 02, 2026
Simpson Thacher To Open Singapore Office, Adds 2 Partners
Simpson Thacher & Bartlett LLP announced Thursday that it plans to launch an office in Singapore and has brought on two new partners as part of the expansion.
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April 02, 2026
TotalEnergies, Masdar Launch $2.2B Asia Renewables Venture
TotalEnergies and the Abu Dhabi Future Energy Co. said Thursday that they have agreed to establish a $2.2 billion 50/50 joint venture that will merge their onshore renewable energy activities in nine countries across Asia.
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April 01, 2026
Ex-Wilson Sonsini M&A Co-Head Rejoins Goodwin In SF
A former partner at Goodwin Procter LLP's Silicon Valley office has rejoined the firm in San Francisco after co-leading Wilson Sonsini Goodrich & Rosati PC's mergers and acquisitions practice for five years, Goodwin announced on Wednesday.
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April 01, 2026
Twitter Investors Win Class Cert. In Elon Musk Fraud Suit
Investors in X, the social media platform formerly known as Twitter, have been granted class certification in litigation alleging tech billionaire Elon Musk secretly amassed a significant stake in the company while its stock traded at artificially depressed prices.
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April 01, 2026
Buyer Says Seller Undermined $58M Food Business Sale
A worldwide food importer and distributor has filed a lawsuit in the Delaware Chancery Court accusing a former business owner of selling his food distribution company for $58 million and then unlawfully undermining the business through deception, obstruction and direct competition.
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April 01, 2026
Monthly Merger Review Snapshot
The Justice Department allowed Live Nation to keep Ticketmaster while state attorneys general continue to sue, a $14 billion Boston Scientific deal drew Federal Trade Commission scrutiny, state enforcers challenged Nexstar's purchase of Tegna, and a threatened FTC challenge forced the abandonment of a laser eye surgery deal.
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April 01, 2026
AGs Put $10M Price Tag On Beating Kroger-Albertsons Merger
The nine attorneys general who successfully sued to block Kroger's failed $24.6 billion acquisition of Albertsons requested over $10 million in attorney fees and litigation expenses Tuesday, arguing that the scale of the litigation and the more than $1 billion the grocery chains spent fighting it justified the amount.
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April 01, 2026
Offit Kurman Adds 5 Attys From Now-Shuttered Taylor Duma
Offit Kurman Attorneys At Law announced Wednesday it has expanded its presence in Atlanta with the addition of five Taylor Duma LLP attorneys following the firm's closure Tuesday.
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April 01, 2026
Astellas Beats $115M Milestone Claim In Del. Chancery Ruling
A Delaware Court of Chancery judge has ruled that Astellas Pharma Inc. is not obligated to pay up to $115 million in disputed drug development milestone payments tied to its acquisition of Potenza Therapeutics Inc., finding that the clinical trials at issue never met the contract's definition of a Phase II study.
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April 01, 2026
Fortress Buys Bankruptcy Services Provider Omni
Investment management firm Fortress has acquired bankruptcy claims and noticing agent Omni, the two companies have announced.
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April 01, 2026
Intel Paying $14.2B To Buy Apollo's Stake In Irish Chip Plant
Intel Corp. said Wednesday that it has agreed to pay $14.2 billion to repurchase from Apollo a 49% equity interest in the companies' joint venture at the Fab 34 chip manufacturing plant in Ireland, in a deal steered by three law firms.
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March 31, 2026
Del. Chancery Tosses B. Riley Investor Loss Suit
The Delaware Chancery Court dismissed a stockholder derivative lawsuit accusing B. Riley Financial Inc. insiders and directors of breaching their fiduciary duties over hundreds of millions of dollars in losses tied to the failed Franchise Group investment, ruling that the claims amounted to an impermissible hindsight critique of a risky business decision.
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March 31, 2026
Anesthesia Parent Can't Duck Antitrust Suit, But Affiliate Can
The parent company of U.S. Anesthesia Partners Inc. remains in the crosshairs of a private antitrust suit accusing it of trying to monopolize Texas anesthesia services, while a federal judge dismissed for now claims against an affiliate that he said was too far removed from the alleged rollup strategy.
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March 31, 2026
Auto Platform Carvix To Go Public Via $1B SPAC Merger
Technology-driven automotive platform Carvix Inc. on Tuesday unveiled plans to go public by merging with special purpose acquisition company Crown Reserve Acquisition Corp. I in a deal that values it at an implied enterprise value of $1 billion and was built by three law firms.
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March 31, 2026
Cruz, Dems Rip FCC's Staff-Level OK Of $6.2B Nexstar Deal
Sen. Ted Cruz, R-Texas, joined Senate Democrats to attack the Federal Communications Commission's decision to approve the planned $6.2 billion tie-up of broadcast chains Nexstar and Tegna at the staff level without a vote by the regulatory body.
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March 31, 2026
Biogen Paying $5.6B For Apellis As 4 Firms Advise
Biogen Inc. said Tuesday that it has agreed to acquire Apellis Pharmaceuticals Inc. in a cash transaction valued at about $5.6 billion, with four law firms steering the transaction focused on key therapies for kidney and eye disorders.
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March 31, 2026
Libre Sale Voided Under $811M CFPB, State AG Judgment
A Virginia federal judge has overturned the sale of an immigration bond company found liable for predatory lending practices, ruling the transaction knowingly violated the terms of an $811 million judgment entered just days before the deal was signed.
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March 31, 2026
Kirkland, Goodwin Steer Lilly $7.8B 'Sleep-Wake' Disorder Deal
Pharmaceutical giant Eli Lilly & Co., advised by Kirkland & Ellis LLP, announced plans Tuesday to acquire daytime sleepiness-focused pharmaceutical company Centessa Pharmaceuticals PLC, led by Goodwin Procter LLP, in a deal worth up to $7.8 billion.
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March 31, 2026
Holland & Knight Hires Paul Weiss Partner As CFIUS Co-Lead
Holland & Knight LLP has hired a Paul Weiss Rifkind Wharton & Garrison LLP partner, who has joined in Washington, D.C., to co-lead its team focused on federal interagency review work related to foreign investment, and industrial security matters.
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March 31, 2026
Teamsters Fund Sues To Block Clearway Reclassification
A Teamsters pension fund has filed a class action in the Delaware Chancery Court seeking to block a planned share reclassification by Clearway Energy Inc., alleging the deal would entrench the company's controlling stockholder while stripping public investors of voting power.
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March 31, 2026
4 Firms Advise On McCormick's $44.8B Unilever Foods Buy
McCormick & Co. Inc. said Tuesday it has agreed to acquire Unilever's foods business at a $44.8 billion value to create a global ingredients powerhouse, in a deal steered by four law firms.
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March 30, 2026
HPE Seeks Fix After States Expose Confidential Bidding Info
Hewlett Packard Enterprise Co. urged a California federal judge to order a dozen states and Washington, D.C., to take corrective measures after they publicly filed thousands of pages of confidential documents related to the company's $14 billion acquisition of Juniper Networks Inc.
Expert Analysis
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Considering The Prospects Of A Robinson-Patman Act Revival
Following a flurry of activity under the Biden administration, Federal Trade Commission price-discrimination cases under the Robinson-Patman Act are at a crossroads, and state-level enforcement could become the next frontier in this area, say attorneys at Hogan Lovells.
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New Foreign Bribery Guide Can Help Int'l Cos. Identify Risks
In light of growing global coordination on anti-bribery enforcement, the International Foreign Bribery Taskforce’s recent guide to foreign bribery indicators represents a step forward in the standardization of factors for evaluating corruption risks that multinational companies should consider, say lawyers at Paul Weiss.
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AI-Generated Doc Ruling Guides Attys On Privilege Risks
A New York federal court's ruling, in U.S. v. Heppner, that documents created by a defendant using an artificial intelligence tool were not privileged, can serve as a guide to attorneys for retaining attorney-client or work-product privilege over client documents created with AI, say attorneys at Sher Tremonte.
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6 Things Bankers Need To Know About AI-Powered M&A
Artificial intelligence is now ingrained in banking mergers and acquisitions, and bankers should learn the key elements of the technology's competency and limits, such as that AI-enhanced reviews do not replace compliance, despite their speed and depth, say attorneys at Spencer Fane.
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The Law Firm Merger Diaries: Leadership Strategy After Day 1
For law firm leaders, ensuring a newly combined law firm lives up to its promise, both in its first days of operation and well after, includes tough decisions, clear and specific communication, and cheerleading, says Peter Michaud at Ballard Spahr.
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How New HSR Thresholds, Fees Could Affect Enforcement
While the Federal Trade Commission's new thresholds and filing fees for the Hart-Scott-Rodino Antitrust Improvements Act are not expected to materially affect the number of required HSR filings, or the percentage or focus of second requests, increased filing fees may give agencies dedicated resources to bring enforcement actions, say attorneys at Sidley.
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Clearing US Legal Hurdles To Biz Opportunities In Venezuela
Companies evaluating foreign investment or activity in Venezuela given the U.S. government's recently announced plans to reinvigorate its natural resources should take specific steps to minimize risks connected to interactions with restricted parties given the web of U.S. counterterrorism, anticorruption and sanctions controls, say attorneys at King & Spalding.
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Mind The Gap: Crafting D&O Straddle Coverage For M&A
A recent Florida federal court decision highlights an often-overlooked risk for those negotiating directors and officers insurance coverage for mergers and acquisitions: the potential for so-called straddle claims, falling in the gap between tail and go-forward coverage, say attorneys at Reed Smith.
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Calif.'s Civility Push Shows Why Professionalism Is Vital
The California Bar’s campaign against discourteous behavior by attorneys, including a newly required annual civility oath, reflects a growing concern among states that professionalism in law needs shoring up — and recognizes that maintaining composure even when stressed is key to both succeeding professionally and maintaining faith in the legal system, says Lucy Wang at Hinshaw.
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FCC Satellite Co. Action Starts New Chapter For Team Telecom
The Federal Communications Commission's recent settlement with satellite company Marlink marks a modest but meaningful step forward in how the U.S. regulates foreign involvement in its telecommunications sector, proving "Team Telecom" conditions are not limited to companies with substantial foreign ownership, says attorney Sohan Dasgupta.
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Series
Trivia Competition Makes Me A Better Lawyer
Playing trivia taught me to quickly absorb information and recognize when I've learned what I'm expected to know, training me in the crucial skills needed to be a good attorney, and reminding me to be gracious in defeat, says Jonah Knobler at Patterson Belknap.
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Ruling Puts Guardrails On FTC Merger Filing Rule Expansion
A Texas federal court recently vacated the Federal Trade Commission's overhaul of the Hart-Scott-Rodino premerger notification form, in a significant setback for the antitrust agencies, say attorneys at Reed Smith.
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Series
Law School's Missed Lessons: What Cross-Selling Truly Takes
Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.
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CFIUS Initiative May Smooth Way For Some Foreign Investors
A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.
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Series
Judges On AI: Practical Use Cases In Chambers
U.S. Magistrate Judge Allison Goddard in the Southern District of California discusses how she uses generative artificial intelligence tools in chambers to make work more efficient and effective — from editing jury instructions for clarity to summarizing key documents.