Top Stories

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  Papaya Gaming Files Ch. 15 To Shield Against $719M Verdict

  By Yun Park

  Israeli mobile gaming company Papaya Gaming, which runs millions of Solitaire and Bingo tournaments every day, f...(read more)

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  Mich. Justices' Ruling Will Allow Eli Lilly Price-Fixing Probe

  By Lauren Berg

  A split Michigan Supreme Court Friday overturned two of its prior rulings that the majority determined had wrong...(read more)

• 4 Firms Steer Curium's $8B Lantheus Take-Private Deal

  By Jade Martinez-Pogue

  Private equity-backed radiopharmaceutical company Curium on Monday announced plans to acquire fellow radiopharmaceutical company Lantheus Holdings Inc. in an $8 billion take-private deal built by four law firms.

• Why Wait? Attys Say Sentencing Reform Should Apply Now

  By Phillip Bantz

  Sweeping changes to the federal sentencing guidelines are slated to take effect in the fall, but some white collar criminal defense attorneys are successfully arguing in court that defendants can benefit now from potential sentence reductions under the upcoming revisions.

• Sandoz Settles States' Generic-Price-Fixing Cases For $450M

  By Matthew Perlman

  Sandoz reached a settlement with a coalition of state enforcers on Monday, agreeing to pay $450 million to end claims against it in several cases targeting alleged price-fixing in the generic drug industry.

• Jackson Walker, Trustee Agree On $15M Romance Settlement

  By Emma Cueto

  Jackson Walker LLP has agreed to pay $15 million and reform its conflicts and disclosure practices to resolve claims brought by the regional U.S. trustee regarding bankruptcy fees approved by a bankruptcy judge who was at the time concealing a relationship with a Jackson Walker partner.

• Simpson Thacher's PIPE Work Was 'Dogged,' Jury Told

  By Jake Maher

  Simpson Thacher & Bartlett LLP did all it could to help Patriot National Inc. and the company's owner and warn them about risks as they pursued a financing deal, a former capital markets attorney told a Florida state jury Monday in the insurance services company's malpractice case against the firm.

• Wanhua To Pay $7.75M To End Polyurethane Price-Fixing Case

  By P.J. D'Annunzio

  Wanhua Chemical (America) Co. has agreed to pay $7.75 million to settle claims in a sprawling litigation accusing several companies of colluding to manipulate the prices of chemicals used to make polyurethane, according to a motion for preliminary approval filed in Pennsylvania federal court.

• Visa To Buy Permira-Backed BioCatch In $2.4B Deal

  By Al Barbarino

  Visa said Monday it has agreed to acquire fraud intelligence company BioCatch from funds advised by Permira and other shareholders for $2.4 billion in cash, more than two years after Permira became BioCatch's majority stakeholder at a $1.3 billion valuation.

• Wachtell, Debevoise Steer Prysmian's $3.8B Atkore Deal

  By Al Barbarino

  Italy's Prysmian SpA has agreed to purchase Illinois-based electrical infrastructure products maker Atkore Inc. in an all-cash transaction with a roughly $3.8 billion enterprise value, the companies announced on Monday. 

• KKR Buying Integer For $5.7B In Kirkland, Davis Polk-Led Deal

  By Al Barbarino

  KKR said Monday that it will acquire medical device company Integer Holdings Corp. in an all-cash transaction with a roughly $5.7 billion enterprise value, with Kirkland & Ellis LLP and Davis Polk & Wardwell LLP advising on the transaction. 

• Blanche's Nix Of Trump's $1.8B Fund Wins Over GOP Sens.

  By Asha Glover

  Two holdout GOP senators said Monday that they would support confirmation of acting Attorney General Todd Blanche to the permanent role after he gave assurances that President Donald Trump's $1.8 billion "anti-weaponization" fund, created as part of a settlement with the IRS, would not move forward.

• Bath Product Maker Vi-Jon Hits Ch. 11 With $25M Talc Deal

  By Vince Sullivan

  Private-label dry bath product maker Vi-Jon LLC filed for Chapter 11 protection in Delaware with a proposed plan to channel talc injury claims into a trust to be funded by $25 million of cash and the contribution of certain insurance rights.

• EchoStar Unit Hughes Satellite Hits Ch. 11 With $1.5B In Debt

  By Alex Wittenberg

  Hughes Satellite Systems Corp., a unit of telecommunications company EchoStar that provides broadband internet services, has filed for Chapter 11 protection in Texas bankruptcy court with about $1.5 billion in funded debt.