Democrats won back the House on Tuesday night and with it divided the chambers of Congress, putting them in position to step up investigations into President Donald Trump’s presidential campaign and to run interference on his conservative agenda.
With Senate Republicans returning from a slew of victories at the ballot box, Majority Leader Mitch McConnell looks to continue a two-year project to remake the federal courts by confirming waves of conservative judges to the bench.
Russia’s meddling in the 2016 presidential election pushed U.S. voting security into the spotlight, leaving officials scrambling to shore up the infrastructure before midterms. But efforts remained uneven two years later, with a number of states on Tuesday shirking the surprisingly low-tech fix touted by election-integrity experts: paper ballots.
Los Angeles Rams owner Stan Kroenke's entertainment holding company Tuesday urged a federal court to end a suit claiming it interfered with an agreement to buy a pair of aerial camera companies, saying there was no interference and no agreement.
A settlement between debtor The Weinstein Co., buyer Lantern Entertainment LLC and Netflix Inc. was approved by a Delaware bankruptcy judge on Tuesday over Viacom International Inc.’s objection that the deal impacts its ability to recover $9 million it financed for the television series “Scream.”
International marine refueling company Aegean Marine Petroleum Network Inc. hit Chapter 11 Tuesday with what it said was $855 million in debt and “substantial agreement” on a stalking horse bid from Mercuria Energy Group Ltd.
A European cargo and passenger plane company has sued the European Commission over its since-annulled decision blocking United Parcel Service Inc.’s proposed $6.8 billion merger with Dutch delivery service TNT Express NV, according to a notice filed Monday for a suit seeking €263.6 million ($301 million).
Cancer treatment company Endocyte Inc. and its directors omitted crucial information from a proxy statement and undervalued the business in its $2.1 billion acquisition by Novartis AG, according to an investor who called the deal “fundamentally unfair” to stockholders in a lawsuit in Indiana federal court Tuesday.
Allianz and private equity giant KKR are leading competing groups that are vying for a stake in Altice’s fiber network business, Telefónica is weighing selling off a data centers unit, and Symantec Corp. has been approached by private equity firm Thoma Bravo about an acquisition.
Europe’s competition enforcer said Tuesday that it has approved The Walt Disney Co.’s planned $71.3 billion deal for Twenty-First Century Fox Inc.’s entertainment assets after the company agreed to unload interests in the History Channel and several other networks.
The top international affairs official with the U.S. Department of Justice’s Antitrust Division spoke out Monday against replacing the legal standard that governs how courts weigh competition cases, arguing that more expansive considerations could risk favoring “national champions.”
Private equity-backed information technology firm ConvergeOne on Tuesday said affiliates of a CVC Capital Partners fund will take the company private in a $1.8 billion deal, with White & Case LLP and Cooley LLP steering the buyer and seller, respectively.
Fast food chain Bojangles’ Inc. said on Tuesday that it has agreed to be acquired by two New York-based private equity firms for $593.8 million in a deal that was guided by Shearman & Sterling LLP, Akin Gump Strauss Hauer & Feld LLP, Kirkland & Ellis LLP and Seyfarth Shaw LLP.
The Delaware Chancery Court scheduled a quick trial Monday on records demands filed by Carl Icahn-controlled funds that recently accused Dell Inc. of coercing investors to vote for a disputed share exchange, warning that Dell could propose a worse alternative if the exchange is rejected.
Inuvo Inc. has agreed to be bought by California-based, privately held e-commerce technology company ConversionPoint Technologies in a roughly $75.5 million cash-and-stock deal, the artificial intelligence company said Monday.
Monteverde & Associates won a lead counsel appointment in the consolidation of two class actions in a Delaware federal court Monday over the $9.9 billion sale of Envision Healthcare Corp. to private equity firm KKR & Co. LP, in which shareholders claim executives took part in a flawed sales process that undervalued the company.
Sears Holdings Corp. is reportedly close to a deal that could increase its bankruptcy financing, Tata Group is discussing a deal to buy a large portion of Jet Airways and the airline’s loyalty program, and Medacta is getting ready to go public in early 2019.
Sears Holdings Corp. is seeking permission to auction off its home improvement business as part of its Chapter 11 restructuring process, saying in court papers filed over the weekend that it has a $60 million stalking horse offer from rival Service.com.
Engility Holdings Inc. and its directors misled investors and violated federal securities laws in its planned $2.5 billion acquisition by a rival government contractor, shareholders have argued in a proposed class action filed in a Delaware federal court.
Two former Greenberg Traurig LLP shareholders with decades of experience in representing film, television and music producers as well as financial companies in media transactional work have joined DLA Piper in Los Angeles.
The Federal Trade Commission hearing on Friday featured two panels discussing the state of U.S. antitrust law and one panel on monopsony power. Jon B. Jacobs and Barry Reingold of Perkins Coie LLP offer key takeaways.
Much time and attention have been focused on improving lawyers' abilities to communicate with and persuade juries in complex trials. But it is equally important to equip and prepare jurors to become better students in the courtroom, say attorneys with DLA Piper and Litstrat Inc.
While in-house technology investments on the scale and complexity needed to compete with large firms remain cost prohibitive for small and midsize law firms, cloud-based services offer significant cost savings and productivity gains with little to no capital investment, says Holly Urban of Effortless Legal LLC.
When approaching M&A, investments and other transactions associated with artificial intelligence, we must take into consideration the nature of the technology today, the anticipated technological developments and the evolving legal landscape, say Lee Tiedrich and Daniel Gurman of Covington & Burling LLP.
A deep dive into data on deal terms in midstream oil and gas acquisition agreements reveals significant insights on “what’s market” and what's not in such deals. As compared to a broad cross-section of agreements across industries, the midstream M&A acquisition agreements studied generally allocated more of the risks — especially unknown risks — to buyers, says Greg Krafka of Winstead PC.
With the Milbank/Cravath pay scale once again equalizing compensation at many Am Law 100 firms, there is even more pressure for firms to differentiate themselves to top lateral associate candidates. This presents strategic considerations for both law firms and lateral candidates throughout the recruitment process, says Darin Morgan of Major Lindsey & Africa.
The Private Target Mergers & Acquisitions Deal Points Studies prepared by the American Bar Association’s Business Law Section have been a key resource for M&A attorneys for over a decade. In this two-part article, Greg Krafka of Winstead PC examines data from the most recent study and other sources to systematically identify “what’s market” concerning deal terms in midstream oil and gas acquisition agreements.
Newly proposed U.K. rules and the amended regime for the Committee on Foreign Investment in the United States will radically change how the two governments review sensitive transactions, which will affect the likelihood of deal clearance, deal timing and the drafting of appropriate contractual provisions, say Robert Bell and Jennifer Mammen of Bryan Cave Leighton Paisner LLP.
In this series featuring law school luminaries, Stanford Law School professor Jeffrey Fisher discusses his motivation for teaching, arguing before the U.S. Supreme Court and what the court might look like if Judge Brett Kavanaugh is confirmed.
Last week, the Federal Trade Commission began a series of public hearings on competition and consumer protection issues. Attorneys with Perkins Coie LLP offer some key takeaways from the three panel discussions.