Data cloud company Cloudera will go private in a roughly $5.3 billion deal with Clayton Dubilier & Rice and KKR, the trio said Tuesday, with guidance from Latham & Watkins, Kirkland and Debevoise.
We're pleased to announce Law360's Rising Stars for 2021, our list of 180 attorneys under 40 whose legal accomplishments transcend their age.
A Nevada federal court will not let the Las Vegas Review-Journal immediately appeal its bid to toss antitrust claims alleging the daily newspaper formerly owned by deceased billionaire Sheldon Adelson is trying to drive its rival, the Las Vegas Sun, out of business.
The Senate on Friday unexpectedly postponed final action on a major bipartisan bill with more than $200 billion meant to fuel technological and economic competition with China.
An Indiana federal court extended the deadline for Eli Lilly to respond to the U.S. Department of Health and Human Services' letter warning it would be fined unless it begins offering discounts to certain pharmacies working with hospitals in low-income areas.
Amazon's $8.45 billion acquisition of MGM Studios underscores that the streaming wars are in full effect while foreshadowing further consolidation in the media and entertainment sector, and although the deal is unlikely to be blocked, lawmakers are clearly uneasy about Amazon's unchecked growth.
Policy requests heated up at the Federal Communications Commission during the month of April as lobbyists presented dueling perspectives on whether Verizon should be allowed to acquire prepaid mobile brand TracFone and offered input on how a COVID-19 relief program for student connectivity should shape up.
Following a template set by Epic Games' lawsuit against Apple, plaintiffs firms have opened new antitrust fronts against closed digital ecosystems by targeting two of the world's largest video game platforms.
A London judge has thrown out Samsung's bid to recover a portion of a price-fixing settlement relating to LCD panels from LG Display, after concluding that the dispute does not belong in England.
The European Commission said on Friday that it has fined ICAP €6.45 million ($7.83 million) after finding that the British interdealer broker took part in a cartel linked to yen-denominated interest-rate derivatives.
The Senate on Thursday added a major section on international trade to a sprawling bill that already contained roughly $250 billion to boost the country's technological and economic competition with China, including over $50 billion for domestic semiconductor production and $1.5 billion for telecommunications funding along with enforcement boosts for intellectual property and antitrust.
Illumina and Grail have accused the Federal Trade Commission of plotting to resurrect its federal lawsuit challenging their proposed merger too close to a tie-up deadline for the companies to mount a proper defense, urging a California federal judge not to let the FTC drop the suit "without prejudice."
A member of the Judicial Panel on Multidistrict Litigation on Thursday questioned Mallinckrodt ARD LLC's push to have a battery of antitrust cases over sales of the anti-seizure drug Acthar transferred to federal court in Delaware where the company is currently making its way through bankruptcy proceedings.
U.S. Congress members announced a bill on Thursday that would give new meaning to the term "student union" by amending the National Labor Relations Act so college athletes could collectively bargain as employees of their respective schools.
Groups of farmers offered the Judicial Panel on Multidistrict Litigation competing bids to centralize claims in Illinois and Minnesota alleging that agricultural suppliers fixed crop input prices, while the suppliers said Missouri is the most appropriate home for the litigation.
A real estate listing website is gunning to revive its challenge to the National Association of Realtors' rule that prohibits members from privately marketing properties without using the association's listing service, telling the Ninth Circuit a California federal judge failed to properly assess allegations of harm to competition.
The acting U.S. solicitor general is urging the U.S. Supreme Court not to take up Comcast's appeal of a Seventh Circuit decision reviving a $160 million suit against the company over ad market monopolization claims, arguing that the appellate court's decision does not warrant the justices' review.
Two customer service rivals squared off Wednesday before a California federal jury on the opening day of a trade secrets trial over live chat software, with LivePerson saying 7.ai strategically stole its technology and customers, while 7.ai painted the dispute as an unhappy competitor's bullying campaign.
A group of plaintiffs alleging claims against bankrupt pharmaceutical company Mallinckrodt PLC will have their motion seeking appointment of a Chapter 11 trustee in the case heard during the debtor's plan confirmation hearing, a Delaware judge ruled Wednesday.
Apple stole the idea for heart health tracking software and then locked its competitors out of the Apple Store, according to a new lawsuit filed in California federal court by health tech company AliveCor.
The former owner of a physical therapist staffing company moved Monday to toss the antitrust charges against him in the government's first criminal wage-fixing case, telling a Texas federal court there's no precedent for criminal charges over that type of activity.
State attorneys general would be able to keep antitrust enforcement actions in the district in which they initially filed them under a bipartisan bill introduced Monday by Senate antitrust committee leaders.
Canadian National and Kansas City Southern on Wednesday asked the U.S. Surface Transportation Board to approve the use of a voting trust in their $33.6 billion merger and pledged to sell a railway line to reduce potential competition concerns, in a bid from CN to stay the top suitor for KCS.
Switzerland has pulled out of talks for a treaty aimed at easing trade relations with the European Union because of "substantial differences," the government said Wednesday, raising concerns in the bloc over legal certainty in future relations.
A California federal judge permanently axed several claims Tuesday from an Android smartphone user's proposed class action accusing Google of illegally harvesting third-party app data to gain a competitive advantage, while finding that Google's alleged failure to disclose the practices was enough to allow a state law deception claim to move forward.
Due to the pandemic, the gap between law school and the first day on the job has never been wider, but law firms can leverage training to bridge that intimidating gap and convey the unique value of their culture in a virtual environment, say Melissa Schwind at Ward and Smith, and William Kenney and Jaron Luttich at Element Standard.
Health insurers should review their compliance programs to avoid antitrust complaints from overzealous plaintiffs now that the Competitive Health Insurance Reform Act has ended insurers' federal antitrust protections, say Lisl Dunlop and Thomas Rohback at Axinn.
The virtual courtroom limits a narcissistic lawyer's ability to intimidate witnesses and opposing counsel, boast to clients or engage in grandstanding — an unexpected benefit of the global pandemic as some aspects of remote litigation are likely here to stay, says Jennifer Gibbs at Zelle.
A recent American Bar Association opinion on lawyers' ethical duties of competence and confidentiality when working remotely should be viewed as part of a larger movement by which attorneys are being exhorted to develop competence in 21st century technology, say Jennifer Goldsmith at Ironshore and Barry Temkin at Mound Cotton.
Elements of New York's recently passed Marijuana Regulation and Taxation Act, such as its prohibition of vertically integrated operators, show consideration for social and economic equity in the new industry, says Simon Malinowski at Harris Bricken.
Recent Federal Trade Commission distribution merger challenges are consistent with its focus on nascent competition, highlighting essential antitrust issues merger parties should assess to avoid a costly investigation, say attorneys at Wilson Sonsini.
While a Texas federal court recently denied a motion to disqualify DLA Piper from representing Apple in a patent dispute after the law firm hired an attorney who formerly represented opponent Maxwell, the case is a reminder that robust conflict checks during lateral hiring can save firms the time and expense of defending disqualification motions, says Hope Comisky at Griesing Law.
Lawyers preparing to mediate or arbitrate a case through videoconference should take steps to ensure they and their alternative dispute resolution providers are employing reasonable security precautions to protect digital client data and conform to confidentiality obligations, say F. Keith Brown and Michael Koss at ADR Systems.
Recent executive branch developments suggest that acting Federal Trade Commission Chairwoman Rebecca Slaughter's anti-racism prescription for antitrust enforcement may be influential, but there is an open question of whether efforts to achieve racial equity will be limited absent significant legislative reforms, says Rosa Morales at Crowell & Moring.
With Georgia expected to soon become the 13th jurisdiction to adopt the Uniform Mediation Act and with more states likely to follow suit amid widespread trial delays, practitioners should familiarize themselves with the act's conflict disclosure requirements and the boundaries of its confidentiality provisions, says Richard Mason at MasonADR.
The Biden administration should use a sector-specific antitrust exemption to encourage Big Tech cooperation on a national smartphone app to make vaccination proof readily available while offering enhanced data security, says Stuart Brotman at the University of Tennessee.
With the pandemic ushering in remote collaboration tools, counsel must revisit fundamentals of the attorney-client privilege and the work-product doctrine, study cases involving email and other recent technologies, and follow 10 best practices to protect confidentiality, say attorneys at DLA Piper.
Recent data breaches involving Goodwin and Jones Day show that cyberattacks are very real threats to the legal profession, especially in the era of remote work, so law firms should revisit common business practices that expose them to unnecessary risks, says Ara Aslanian at Inverselogic.
Witnesses facing tricky questions from opposing counsel often find themselves engaging in hindsight bias, when they use present knowledge to second-guess past actions, but these problematic thought processes can be overcome during deposition or trial preparation through tough questions and some catharsis, says Merrie Jo Pitera at Litigation Insights.
With state attorney general elections on the horizon in 2022, enforcement in the life sciences and health spaces is likely to pick up, and key areas of focus to watch out for this year include opioid litigation and investigations into drug price-fixing, say attorneys at Paul Hastings.