A Delaware bankruptcy judge on Wednesday gave Quantum Foods LLC the OK to revive its $60 million debtor-in-possession loan and find so-called turnkey buyers, allowing the meatpacker to keep its Chapter 11 case alive after a $54 million stalking horse sale to an Oaktree Capital Management LP unit collapsed.
Private equity, foreign wealth and institutional investors are all jostling for a piece of London's hot hotel market, creating a tough negotiation space where deal sweetening — with all-cash offers, transactional insurance and more — is now a common bargaining tool, attorneys say.
American Realty Capital Properties Inc. on Wednesday said it would sell its entire multitenant shopping center portfolio for nearly $2 billion to Blackstone Real Estate Partners VII, partly to fund a $1.5 billion sale-leaseback of Red Lobster restaurants' real estate, as well as other future deals.
A California appeals court on Monday threw out an appeal brought by dozens of retired judges who sought more than $100 million in alleged underpaid benefits and interest from California’s Judges' Retirement System, saying the trial court didn’t misapply the case law at issue.
Credit Suisse AG's Monday guilty plea and agreement to pay a $2.6 billion fine for helping American citizens evade taxes delivered an unshakable message that federal prosecutors are tired of using deferred and nonprosecution agreements against banks and want punishments that sting but won't crumble institutions. Here, Law360 looks at five key lessons from the case.
Commerzbank, Germany's second-biggest lender, is in final-stage talks to ink the largest real estate deal Spain has seen since the country's market tanked six years ago, while Repsol may pour $2 billion into its Canadian facility as Europe looks to reduce energy dependence on Russia.
A Florida federal judge on Monday dismissed parts of a lawsuit brought by 16 current and former National Football League players against Branch Banking and Trust Co. over its alleged role in allowing a financial management firm to open accounts in their names and withdraw nearly $53 million of their money.
Private equity firms are increasingly selling investments to each other as strategic buyers struggle to compete with investment funds with record levels of available capital and as the public offering market remains choppy, experts say.
A U.S. House panel on Tuesday advanced a spending bill for the 2015 fiscal year that provides only a minimal budget increase for the Commodity Futures Trading Commission, and $62 million below the level requested by President Barack Obama.
New York Supreme Court Justice Jeffrey K. Oing talks to Law360 about Martha Stewart, mingling with his constituents and what he learned while redrawing New York's electoral map.
Hugo Boss is reportedly eyeing space at 1 World Trade Center, Stropic is said to be developing a North Dakota real estate project, and Jane Street Capital may move to Brookfield Place.
Technical excellence is the cornerstone of any legal career — inside or outside. But if you go in-house, a greater premium will be placed on business savvy, management and leadership than was likely placed on you as an associate at a law firm. If those ideas do not excite you — don’t jump, says Susan Blount, executive vice president and general counsel at Prudential Financial Inc.
The Florida Bar on Monday asked the state's highest court for an emergency suspension of an attorney accused of helping run a $21 million scheme through investment company Commodities Online LLC, after he failed to appear at his hearing.
K&L Gates LLP said on Tuesday it has bolstered its financial services practice area in its Boston and Pittsburgh offices with the addition of an ex-Reed Smith LLP attorney who has expertise in international investment management and private equity.
The leader of the House Financial Services committee reiterated demands for a moratorium on further designations of "systemically important financial institutions" at a hearing Tuesday, while a Gibson Dunn partner and other experts assailed regulators' decision to label Prudential Financial Inc. a SIFI.
Italian investor Andrea Bonomi's Strategic Holdings SARL fund has raised its Club Mediterranee holdings to over 10 percent, becoming a top shareholder, according to the resort company's Tuesday filing with French securities regulators.
The D.C. Circuit on Tuesday upheld Carlyle Capital Corp.'s victory over a consolidated class of shareholders who accused the fund of misleading investors about its financial condition, finding that Carlyle had adequately warned them about the risks and volatility of its residential mortgage-backed securities.
Former U.S. Secretary of Transportation Ray LaHood has joined global public infrastructure investor Merdiam as a senior adviser for strategic guidance, the firm announced on Tuesday.
Treasury Wine Estates Ltd. rejected an April buyout offer by KKR & Co. LP on Tuesday that valued the Aussie vintner at about $3 billion, according to a published statement.
Exactly one week after confirming rumors that it was considering looking into buying Russell Investments, the London Stock Exchange Group PLC said on Tuesday that it has entered exclusive talks with Northwestern Mutual Life Insurance Co. to acquire the unit.