Top Stories

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  Bausch, Lannett To Pay $17.9M In Drug Price-Fixing Deal

  By Abigail Harrison

  Lannett Company Inc., Bausch Health US LLC and Bausch Health America Inc. will pay $17.85 million to settle alle...(read more)

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  Skadden, Gibson Dunn Steer $58B Devon, Coterra Deal

  By Al Barbarino

  Devon Energy and Coterra Energy said Monday they have agreed to merge in a roughly $58 billion all-stock transac...(read more)

• Inspired Healthcare Capital Hits Ch. 11 With $1B+ Debt

  By Emily Lever

  Senior living facility operator Inspired Healthcare Capital has filed for Chapter 11 protection in a Texas bankruptcy court, listing between $1 billion and $10 billion in debt and with plans to pursue an asset sale.

• 'Doesn't Make Sense': DOJ Irks Judge In Merger Fight With AGs

  By Dorothy Atkins

  A California federal judge said Monday that the U.S. Department of Justice must hand over certain discovery materials to Democratic attorneys general challenging the DOJ's controversial settlement greenlighting the $14 billion merger of Hewlett Packard Enterprise and Juniper Networks, telling the DOJ that its argument that discussions of alternative remedies are shielded from discovery "doesn't make sense."

• 'We Have Not Done Enough' On Sex Assaults, Uber Exec Says

  By Bonnie Eslinger

  Uber's chief product officer, the final live defense witness Monday in a bellwether trial over the company's sexual assault liability in multidistrict litigation involving thousands of cases, rejected claims that Uber dragged its feet on implementing some safety measures, while conceding "we have not done enough."

• Fed. Circ. Grapples With AI Patent Eligibility In Amazon Case

  By Ryan Davis

  A Federal Circuit panel on Monday expressed skepticism about Rensselaer Polytechnic Institute's argument that an artificial intelligence-related patent it sued Amazon over was wrongly invalidated as abstract, though the court seemed wary of issuing a ruling that could render all AI unpatentable.

• CD&R To Pay $70M To Settle Covetrus Sale Dispute

  By Sydney Price

  Private equity firm Clayton Dubilier & Rice LLC and others have agreed to pay $70 million to settle a suit in Delaware's Court of Chancery by shareholders of animal health company Covetrus Inc. accusing them of failing to disclose vital information to shareholders when joining forces with another private equity firm to acquire Covetrus in 2022.

• 'Star Trek'-Citing Judge Says Moderna Can't Ax $5B Vax IP Suit

  By Lauren Berg

  Moderna Inc. will have to face most of a rival mRNA vaccine developer's $5 billion patent suit over the company's COVID-19 vaccines at a trial in Delaware, a federal judge ruled on Monday, invoking "Star Trek" in a summary judgment order that left issues like patent invalidity up to the jury.

• Offshore Wind Crowns Courtroom Sweep With Sunrise Restart

  By Keith Goldberg

  A D.C. federal judge on Monday lifted the Trump administration's halt of the Sunrise Wind project, the final victory for five East Coast offshore wind farms that all convinced courts to block the government's stop-work orders.

• ESAB Corp. To Acquire Eddyfi Technologies For $1.45B

  By Al Barbarino

  ESAB Corp. said Monday it has agreed to purchase Eddyfi Technologies for $1.45 billion, pushing deeper into industrial inspection and monitoring as it looks to diversify beyond its core welding equipment business.

• FTC Says Bezos, Amazon Execs Hid Evidence Via Signal App

  By Bryan Koenig

  The Federal Trade Commission asked a Washington federal judge to assume Amazon.com Inc. used auto-deleting Signal chats to hide the "anticompetitive nature" of rules that allegedly created an artificial pricing floor across online retail, escalating a long-simmering evidentiary fight that implicates Jeff Bezos and general counsel David Zapolsky.

• Judge Skeptical Of XAI's Claims In OpenAI Trade Secrets Suit

  By Ivan Moreno

  A California federal judge has said she's inclined to grant OpenAI's motion to dismiss a trade secrets complaint from Elon Musk's xAI "in full," saying the plaintiffs have not provided enough facts to support claims that OpenAI poached employees and stole source code.

• Blake Cassels Guides Eldorado On $2.8B Foran Mining Deal

  By Al Barbarino

  Canadian metals producer Eldorado Gold said on Monday it has agreed to acquire Foran Mining in a stock and cash deal valuing Foran at about CA$3.8 billion ($2.8 billion), creating a top gold and copper producer with a diversified asset base across Canada, Greece and Turkey.

• Judge Says 'Piddling' Dispute Slowing Arts Grant Cut Cases

  By Pete Brush

  A Manhattan federal judge on Monday prodded groups seeking the reversal of $175 million of Trump administration cuts to grants for writers to move past a lingering privilege dispute, saying it won't "advance the ball" toward judgment.