The former president of two aerial camera companies who is suing Los Angeles Rams owner Stan Kroenke's entertainment holding company over its unexpected purchase of the businesses has pushed back against a bid to toss his suit as a sanction for "stealing" documents, calling the request cynical and overblown.
A proposed class seeking to undo an approved Equus Total Return Inc. stock incentive plan argued in Delaware Chancery Court on Monday that their complaint claiming not enough information was provided for shareholders about the plan should move forward to trial.
The parent company of French retail chain Casino has received a €283 million ($326 million) offer for its Courir sport shoe brand from private equity firm Equistone, according to Monday press releases from both sides of the deal.
O2 is reportedly pausing its £10 billion ($13 billion) initial public offering, Precision Motion Industries Inc. has seen bids from Japanese Apple Inc. supplier Nidec Corp. and Schaeffler AG, and Constellation Brands Inc. wants to sell some domestic wine brands.
Sidley Austin LLP has guided asset manager Z Capital Partners LLC and casino company Affinity Gaming in their $133 million unsolicited takeover bid announced Monday for the acquisition of gaming facilities owner-operator Full House Resorts Inc., the law firm said.
T-Mobile's planned megamerger with Sprint could hurt competition in the wireless market by wiping out the only carrier willing to work with cable operators to lease out mobile capacity, cable giant Charter Communications Inc. told federal regulators.
Italy’s Fiat Chrysler, led by Sullivan & Cromwell LLP, will part ways with Magneti Marelli in a €6.2 billion sale to an affiliate of private equity-backed Calsonic Kansei to create the seventh-largest global independent automotive parts supplier, according to a Monday statement.
German gas giant Linde AG said Monday that it has received the last green light needed for its planned $70 billion merger with Praxair Inc. after the companies reached a deal with the Federal Trade Commission to sell several assets in exchange for the agency’s blessing.
Dallas-based EnLink Midstream LLC has agreed to acquire all of the outstanding shares in EnLink Midstream Partners LP it doesn’t already own in a deal to simplify its structure and create a midstream powerhouse with a $13 billion enterprise value, the companies said on Monday.
Jacobs Engineering Group Inc. has agreed to sell its energy, chemicals and resources business to Australia-based WorleyParsons Ltd. for $3.3 billion in a deal that was guided by Baker Botts LLP, Wachtell Lipton Rosen & Katz and Fried Frank Harris Shriver & Jacobson LLP, Jacobs said on Monday.
An affiliate of private investment firm ITE Management LP, steered by Willkie Farr & Gallagher LLP, has agreed to take over American Railcar Industries Inc., which was advised by Thompson Hine LLP, Brown Rudnick LLP and White & Case LLP, in a deal with an enterprise value of roughly $1.75 billion, the companies said Monday.
An electric car company co-founded by former Virginia Gov. Terry McAuliffe asked a Virginia bankruptcy court for permission to name a Chinese investment firm as the $50 million stalking horse bidder for its assets.
Eight law firms are set to steer five initial public offerings estimated to raise more than $1.6 billion during the week of Oct. 22, potentially helping five companies spanning the fintech to biotechnology industries go public, assuming the recently choppy stock market cooperates.
Delaware lawmakers caused a small stir earlier this month when they confirmed two veteran female attorneys to the state’s Court of Chancery, expanding the nationally important court by two seats while roughly closing the gender gap among its now-seven members for the first time.
A Delaware bankruptcy judge on Friday delayed release of a $275 million reserve to Energy Future Holdings Inc.’s creditors pending a Third Circuit decision whether to reconsider its ruling that EFH should be freed from paying a termination fee after its deal to sell NextEra Energy Inc. its share of a power distribution system fell apart.
Swiss Re discussed investing in Anbang Insurance Group Co., the Canada Pension Plan Investment Board is getting ready to bid for a stake in Gatwick Airport, and Nestle has tapped advisers related to a potential deal to sell its skincare business.
With so much mergers and acquisitions news this week, you may have missed several deals announced in recent days helmed by firms such as Goodwin Procter LLP and Fried Frank Harris Shriver & Jacobson LLP. Here, Law360 recaps the ones you might have missed.
Sprint and T-Mobile's proposed combination has continued drawing support from small and rural stakeholders who say the deal will bring benefits of modern technology to neglected communities, most recently expressed in filings from the Vermont Business Roundtable and the Chattanooga Area Chamber of Commerce.
Europe's competition enforcer said Friday that it had approved Microsoft Corp.'s planned $7.5 billion purchase of code-hosting platform GitHub Inc. without conditions after finding that the software giant won’t be able to stop GitHub from providing users access to third-party tools.
U.K.-based shopping center owner Intu Properties PLC on Friday said it received a £2.92 billion ($3.8 billion) takeover offer from a group that includes its deputy chairman and his investment company, along with a Middle Eastern investment company and Brookfield Asset Management Inc.'s real estate investment arm.
Notwithstanding protectionist trends on both sides of the Pacific, there continues to be high levels of interest from Chinese investors looking to invest in U.S. companies and vice versa. Charles Comey and Jim Ryan of Morrison & Foerster LLP discuss the new regulatory challenges facing these deals.
While testifying before the Senate's antitrust subcommittee earlier this month, the chairman of the Federal Trade Commission and the head of the U.S. Department of Justice Antitrust Division provided additional detail about several of the agencies’ initiatives, say attorneys with Paul Weiss Rikfind Wharton & Garrison LLP.
The process of applying for litigation financing isn’t difficult, but few do it right the first time. Following five steps in your application process will help make sure litigation funders are convinced of the value of your company's legal claims, says Molly Pease of Curiam Capital LLC.
Following Sears' bankruptcy filing this week, there could be an announcement that the company has agreed to sell its most valuable stores to an affiliate of its largest shareholder, say Karen Park of ParkLaw LLC and Tara Desai of Greenhouse Branding Inc.
In an era when law firms are fighting for business and clients can dictate the terms of the relationship, "value" has become a moving target. Firms that take a proactive approach by using strategies designed to articulate value over time will gain the competitive advantage, says Dan Tacone at Intapp Inc.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Pier D'Angelo, chief pricing and practice officer at Allens.
The Committee on Foreign Investment in the United States has announced a pilot program to review noncontrolling foreign investments in certain U.S. industries that were formerly outside the scope of its jurisdiction. This is a rapid assertion of CFIUS' new powers under the Foreign Investment Risk Review Modernization Act, say attorneys with Ropes & Gray LLP.
In the two years since the American Bar Association's controversial anti-discrimination and harassment rule, only one state has adopted it, while numerous state supreme courts, state attorneys general and legal groups have correctly rejected Model Rule 8.4(g) as a threat to lawyers' First Amendment rights, says Bradley Abramson, an attorney with Alliance Defending Freedom.
Until Vice Chancellor J. Travis Laster’s decision this month in Akorn v. Fresenius, no Delaware court had released a buyer from its obligation to close a transaction as a result of a material adverse effect or change. But we expect the conventional wisdom to continue to hold true — that it is extremely difficult for an acquirer to establish the occurrence of a MAC, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.
In the aftermath of Justice Brett Kavanaugh's confirmation, the U.S. Supreme Court should decline review of the nation's most polarizing political questions unless and until the questions become time-sensitive, says Alexander Klein, head of the commercial litigation group at Barket Epstein Kearon Aldea & LoTurco LLP.