Mergers & Acquisitions Law360 provides breaking news and analysis on high-impact mergers and acquisitions and the attorneys involved. Coverage includes major deals, related litigation and enforcement actions, and policy developments that affect corporate dealmaking.
A financial services company issued a summons Wednesday in New York state court against Paul Weiss Rifkind Wharton & Garrison LLP, accusing the firm of giving bad advice about Delaware law ahead of a merger that opened the company up to potential liability, including a class action lawsuit.
MassMutual International LLC has agreed to sell its Hong Kong-based subsidiary to a Chinese financial services company for $1.01 billion in cash and roughly $664.6 million worth of stock, the insurance holding company announced Thursday.
A Florida federal judge granted pharmaceutical manufacturer Patheon Inc.'s request Thursday for $18.5 million in attorneys' fees and defense costs related to former joint venture partner Procaps SA's $255 million antitrust suit, which the court said was “especially unpleasant and nasty.”
Dorsey & Whitney LLP has hired away a partner from Norton Rose Fulbright to join its corporate practice group in Dallas.
Shares of China Unicom have been suspended due to uncertainty related to details of the company's previously announced $11.6 billion fundraise, Hellman & Friedman is looking to sell a stake in insurance brokerage Hub International, and U.S. oil and gas exploration company Energen is being pressured by shareholders to sell.