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Mergers & Acquisitions
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July 21, 2025
Trump Asks DC Circ. To Block FTC Dem's Reinstatement
The Trump administration on Monday asked the D.C. Circuit to pause a Thursday order restoring a fired Federal Trade Commission Democrat's job, arguing that the ruling defies recent U.S. Supreme Court orders staying similar reinstatements at other independent agencies.
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July 21, 2025
Aimmune Investors' $27.5M Deal In Nestle Suit Gets Final OK
Investors in biopharmaceutical company Aimmune Therapeutics Inc. have gotten final approval for their $27.5 million deal resolving claims the company was falsely undervalued before its merger with Nestlé Health Science SA.
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July 21, 2025
Skechers Investor Loses Initial Bid To Block Take-Private Deal
A California federal judge has refused to preliminarily block private equity firm 3G Capital from taking footwear giant Skechers private for $9.4 billion, finding that a pension plan that owns Skechers shares failed to show it would be irreparably harmed without the injunction.
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July 21, 2025
Stablecoin Treasury Co. To Go Public In $360M SPAC Deal
A company intending to give investors exposure to the stable-value token Ethena intends to list on Nasdaq as StablecoinX Inc. via a special purpose acquisition deal that will take it public and provide $360 million to build a treasury of the stablecoin, making it one of at least three firms to tout the adoption of a crypto-focused treasury strategy on Monday.
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July 21, 2025
$10M Deal Proposed To End Gaming Co. SPAC Suit In Del.
Attorneys for online gaming company Skillz Inc. stockholders have proposed a $10 million settlement for a blank check company merger suit alleging $13.5 million in damages following a deal in December 2020 that valued the company at $3.5 billion.
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July 21, 2025
Concertgoers Narrow Live Nation Antitrust Claims
Consumers accusing Live Nation of monopolizing the live entertainment industry are dropping their allegations about high prices in the resale ticketing market to focus on prices for the initial sale of tickets in the primary market.
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July 21, 2025
Catching Up With Delaware's Chancery Court
Last week at the Delaware Court of Chancery, a major settlement between Meta Platforms Inc. and its investors reached on the proverbial courthouse steps during day two of a trial ended an $8 billion-plus suit accusing the company's directors and officers of breaching privacy regulations and corporate fiduciary duties tied to allegations dating to the Cambridge Analytica scandal more than a decade ago.
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July 21, 2025
Latham And Cravath Steer $730M ZimVie Take-Private Deal
Latham & Watkins LLP is advising healthcare investment firm ArchiMed on an agreement to purchase Cravath Swaine & Moore LLP-led dental implant company ZimVie Inc. at a roughly $730 million valuation, ZimVie announced Monday.
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July 21, 2025
Rising Star: Weil's Michelle Sargent
Michelle Sargent of Weil Gotshal & Manges LLP has advised on a range of multimillion- and billion-dollar deals across multiple continents and industries, including a $5 billion purchase by Canada's largest communications company of the U.S. Pacific Northwest's leading fiber internet provider, earning her a spot among the mergers and acquisitions law practitioners under age 40 honored by Law360 as Rising Stars.
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July 21, 2025
Orrick Launches In Miami With Akerman M&A Attorney Trio
Orrick Herrington & Sutcliffe LLP announced Monday that it is launching a new Miami office with the addition of a three-partner mergers and acquisitions team from Akerman LLP.
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July 21, 2025
Archer Aviation Can't Ditch Suit Over $1.7B SPAC Merger
Most claims moved toward trial Monday in a Delaware Court of Chancery suit accusing principals of a blank-check company that took vertical takeoff-and-landing aircraft venture Archer Aviation Inc. public of overhyping its strength and outlook, breaching their fiduciary duties and unjustly enriching themselves.
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July 21, 2025
Web Design Giant Figma Launches Plans For $979M IPO
Venture-backed web-design software maker Figma on Monday outlined plans for an estimated $979 million initial public offering, a move that comes after the company's failed $20 billion merger with Adobe Inc.
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July 21, 2025
The Ether Machine Goes Public With $1.5B Via SPAC Merger
Ether generation company The Ether Machine, advised by Skadden Arps Slate Meagher & Flom LLP, on Monday launched as a public company with more than $1.5 billion of committed capital following its merger with Gibson Dunn & Crutcher LLP-advised special purpose acquisition company Dynamix Corp.
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July 21, 2025
Carlyle Selling Calastone To SS&C In $1B Fund Tech Deal
SS&C Technologies said Monday it has agreed to acquire global funds network and technology provider Calastone from private equity firm Carlyle for approximately £766 million ($1.03 billion).
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July 21, 2025
White & Case-Led Software Biz To Buy €450M Regulatory Unit
German regulation management software provider Regnology Group GmbH said Monday it has agreed to acquire the Finance, Risk and Regulatory Reporting business of Wolters Kluwer NV, the Dutch information services giant, for €450 million ($525 million).
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July 21, 2025
REIT To Advance £630M Sale After Shareholder Consultation
PRS REIT said Monday that it will proceed with a formal sales process, including discussions with investor Long Harbour which has made a £631 million ($850 million) bid, after the investor in the private rented sector consulted its shareholders.
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July 21, 2025
KKR Takes Minority Stake In Online Swedish Travel Tech Biz
Fund manager CVC Capital Partners PLC said Monday that private equity shop KKR & Co. Inc. has acquired a minority holding in the Etraveli Group, joining it as an investor in the Swedish online travel business.
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July 21, 2025
Paul Hastings Boosts Tax Team In NY With Ex-Kirkland Atty
Paul Hastings LLP announced Monday that a former Kirkland & Ellis LLP attorney is bringing her tax practice to its New York office in a move the firm says will bolster its ability to guide clients through complex deals like mergers, acquisitions and private equity transactions.
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July 18, 2025
Law360 Names 2025's Top Attorneys Under 40
Law360 is pleased to announce the Rising Stars of 2025, our list of more than 150 attorneys under 40 whose legal accomplishments belie their age.
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July 18, 2025
Top 4 Texas Court Rulings Of 2025: Midyear Report
Texas courts made several high-profile decisions in the first half of 2025, including backing a multibillion-dollar mattress merger, awarding more than $6 million to employees fired by Texas Attorney General Ken Paxton, and granting the state a $1.4 billion data privacy settlement with Google. Here are four of the biggest court rulings in Texas so far this year.
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July 18, 2025
Chancery Tosses Twitter Investor's $1.9M Stock Drop Suit
A Washington state computer software engineer who sued Elon Musk and affiliated entities in Delaware's Court of Chancery hoping to recoup a $1.88 million loss on Twitter shares he sold when Musk briefly backed out of a deal for the social media company lost on all counts on Friday.
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July 18, 2025
EU Says Vivendi Controlled Lagardère During Deal Review
European enforcers have accused French media conglomerate Vivendi of exercising control over Lagardère's editorial operations and personnel decisions before and during a review of its acquisition.
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July 18, 2025
FTC Nixes Exxon-Pioneer, Chevron-Hess Board Ban Deals
The Biden-era Federal Trade Commission settlements clearing Exxon's purchase of Pioneer and Chevron's acquisition of Hess are no more, after the now Republican-controlled agency said there was no need to condition acquisition approvals on banning the CEOs of Pioneer and Hess from the boards of the combined companies.
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July 18, 2025
5 Firms Guide $3.5B Sale Of Power Plants In Pa. And Ohio
Power company Talen Energy Corp. will pay $3.5 billion for two power plants, one in Pennsylvania and the other in Ohio, in a deal with an estimated gross value of $3.8 billion adjusted for tax benefits, Talen has announced.
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July 18, 2025
Taxation With Representation: Wachtell, Slaughter And May
In this week's Taxation With Representation, Blackstone pours billions into data centers and related infrastructure, Waters Corp. and Becton Dickinson look to form a new life sciences powerhouse, Reckitt sells 70% of its Essential Home business to private equity firm Advent, and Chevron completes its acquisition of Hess following a favorable arbitral award.
Expert Analysis
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Series
Adapting To Private Practice: From NY Fed To BigLaw
While the move to private practice brings a learning curve, it also brings chances to learn new skills and grow your network, requiring a clear understanding of how your skills can complement and contribute to a firm's existing practice, and where you can add new value, says Meghann Donahue at Covington.
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Top 3 Litigation Finance Deal-Killers, And How To Avoid Them
Like all transactions, litigation finance deals can sometimes collapse, but understanding the most common reasons for failure, including a lack of trust or a misunderstanding of deal terms, can help both parties avoid problems, say Rebecca Berrebi at Avenue 33 and Boris Ziser at Schulte Roth.
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How Attys Can Use A Therapy Model To Help Triggered Clients
Attorneys can lean on key principles from a psychotherapeutic paradigm known as the "Internal Family Systems" model to help manage triggered clients and get settlement negotiations back on track, says Jennifer Gibbs at Zelle.
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3 Steps For In-House Counsel To Assess Litigation Claims
Before a potential economic downturn, in-house attorneys should investigate whether their company is sitting on hidden litigation claims that could unlock large recoveries to help the business withstand tough times, says Will Burgess at Hilgers Graben.
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Series
Teaching College Students Makes Me A Better Lawyer
Serving as an adjunct college professor has taught me the importance of building rapport, communicating effectively, and persuading individuals to critically analyze the difference between what they think and what they know — principles that have helped to improve my practice of law, says Sheria Clarke at Nelson Mullins.
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Series
Adapting To Private Practice: From DOJ Enviro To Mid-Law
Practitioners leaving a longtime government role for private practice — as when I departed the U.S. Department of Justice’s environmental enforcement division — should prioritize finding a firm that shares their principles, values their experience and will invest in their transition, says John Cruden at Beveridge & Diamond.
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Legal Ethics Considerations For Law Firm Pro Bono Deals
If a law firm enters into a pro bono deal with the Trump administration in exchange for avoiding or removing an executive order, it has an ethical obligation to create a written settlement agreement with specific terms, which would mitigate some potential conflict of interest problems, says Andrew Altschul at Buchanan Angeli.
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Del. Dispatch: Open Issues After Corp. Law Amendments
Recent amendments to the Delaware General Corporation Law represent a significant change in the future structuring of boards and how the First State will approach conflicted transactions, but Delaware courts may interpret the amendments narrowly, limiting their impact, say attorneys at Fried Frank.
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Series
Playing Football Made Me A Better Lawyer
While my football career ended over 15 years ago, the lessons the sport taught me about grit, accountability and resilience have stayed with me and will continue to help me succeed as an attorney, says Bert McBride at Trenam.
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What Del. Supreme Court LKQ Decision Means For M&A Deals
The Delaware Supreme Court's recent decision in LKQ v. Rutledge greatly increases the enforceability of forfeiture-for-competition provisions, representing an important affirmation of earlier precedent and making it likely that such agreements will become more common in M&A transactions, say attorneys at Mayer Brown.
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10 Arbitrations And A 5th Circ. Ruling Flag Arb. Clause Risks
The ongoing arbitral saga of Sullivan v. Feldman, which has engendered proceedings before 10 different arbitrators in Texas and Louisiana along with last month's Fifth Circuit opinion, showcases both the risks and limitations of arbitration clauses in retainer agreements for resolving attorney-client disputes, says Christopher Blazejewski at Sherin and Lodgen.
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Series
Power To The Paralegals: The Value Of Unified State Licensing
Texas' proposal to become the latest state to license paraprofessional providers of limited legal services could help firms expand their reach and improve access to justice, but consumers, attorneys and allied legal professionals would benefit even more if similar programs across the country become more uniform, says Michael Houlberg at the University of Denver.
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Key Digital Asset Issues Require Antitrust Vigilance
As the digital assets industry continues to mature and consolidate during Trump 2.0, it will inevitably bump up against the antitrust laws in a new way, with potential pitfalls related to merger reviews, conspiratorial or monopolistic conduct, and interlocking directorates, say attorneys at Crowell & Moring.
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10 Soft Skills Every GC Should Master
As businesses face shifting regulatory and technological uncertainty, general counsel will need to strengthen certain soft skills to succeed, from admitting when they make a mistake to maintaining a healthy dose of dispassion, says Douglas Brown at Manatt.
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How Proxy Advisory Firms Are Approaching AI And DEI
Institutional Shareholder Services' and Glass Lewis' annual updates to their proxy voting guidelines reflect some of the biggest issues of the day, including artificial intelligence and DEI, and companies should parse these changes carefully, say attorneys at Cahill Gordon.