Morgan Lewis & Bockius LLP has announced it's snagged two more attorneys from BakerHostetler, including a partner with a history of working on mergers and acquisitions in the energy and health care spaces, who will be partners in its Washington, D.C., and Houston offices.
Strong bipartisan support for legislation that would modernize the mandate of the Committee on Foreign Investment in the U.S. means changes are likely coming soon, and attorneys must be prepared to provide advice about how those potential changes might affect their clients’ deals.
Stanley Furniture Co. Inc. was hit with a proposed class action in North Carolina federal court on Monday accusing the company and its directors of issuing a proxy statement that doesn’t include enough information for shareholders to properly assess the fairness of a proposed asset sale.
A former Arsenal shareholder is suing law firm Linklaters LLP and accounting firm Deloitte LLP for up to £11.6 million ($16.2 million) she says she lost after the firms failed to advise her of tax liabilities she would face in selling her shares in the Premier League soccer club to its U.S.-based majority owner.
Research and advisory firm Gartner Inc. said Tuesday it will sell its recently acquired talent assessment business to U.K.-based private equity shop Exponent in a $400 million deal, wrapping up a four-month review of alternatives for the company.
Katten Muchin Rosenman LLP launched a new office in Dallas, Texas, Monday with seven former partners from Andrews Kurth Kenyon LLP whose practices largely focus on corporate law.
German drug and chemical maker Bayer AG on Friday sent Europe's antitrust enforcers a new set of commitments aimed at curing competitive concerns raised by its planned $63.5 billion buyout of U.S. agrochemical company Monsanto Co.
Mintz Levin Cohn Ferris Glovsky and Popeo PC on Monday said the former managing partner of Gordon & Rees LLP’s D.C., Virginia and Maryland offices will rejoin the firm after more than 10 years away, bringing with him a stellar record on employment law matters in various transactions and disputes.
A Stone Energy Corp. shareholder hit the oil and gas company with a suit in Delaware federal court Friday, claiming the shareholders were lied to and shortchanged in the company’s $2.5 billion merger with Talos Energy LLC.
Shareholders of Breitburn Energy Partners LP will get the opportunity next week to potentially reopen the court record and further challenge the company’s pending Chapter 11 plan after arguing a recent unsolicited $1.8 billion bid for the oil and gas enterprise should alter asset valuations, a judge decided Monday.
Pfizer's consumer health unit reportedly only received bids by GlaxoSmithKline and Reckitt Benckiser Group, food processing giant Archer Daniels Midland is in talks to swallow rival commodities trader Bunge as soon as this week, and Bhushan Steel has received two bids for its business.
Broadcom Ltd. on Monday, in an effort to end a monthslong standoff between the companies, increased its takeover offer for Qualcomm Inc., this time saying it would pay approximately $121 billion to acquire the California chipmaker.
Litigation finance firm IMF Bentham Ltd. has sold the majority of its U.S. investment portfolio to Bentham IMF Fund 1 LLC for $57.4 million, which raises the fund’s ceiling from $133 million to $166.3 million, the firm announced on Monday.
Weil Gotshal & Manges LLP advised Kroger on its $2.15 billion sale of several hundred convenience store businesses to U.K.-based privately held gas station operator EG Group, a deal that marks EG's entry into the U.S. market, the firm and companies said Monday.
Texas-based oil and gas production company Double Eagle Energy Holdings III LLC has raised more than $1 billion in equity commitments, which will go toward acquisition and development in the Permian Basin, the company said Monday.
Private equity firm Warburg Pincus LLC is providing $300 million of equity financing to oil and gas exploration and production company Ridge Runner Resources LLC, the company said Monday.
A Delaware Chancery judge on Friday threw out a shareholder lawsuit challenging Beams Power Investment Ltd.’s $125 million buyout of baby formula maker Synutra International Inc., ruling that the suing stockholders did not make a strong enough case to indicate the deal violated laws related to controlling-party takeovers.
Locke Lord LLP’s tax practice received a boost with the addition of a partner in its Dallas office, as the firm announced Thursday the addition of a former Andrews Kurth Kenyon LLP attorney with significant experience navigating the tax complexities of various transactional, real estate and capital markets matters.
Two partners, one with experience in insurance mergers and the other in technology patent litigation, have joined Duane Morris in Austin, Texas, from Winstead and McKool Smith.
January proved to be a busy month for real estate mergers and acquisitions with eight announced deals north of $1 billion, and the 10 largest deals during the period got done with the help of half a dozen law firms.
Many corporate executives and advisers expect the market for M&A to strengthen next year. Here, Jeffrey Gifford and Meagan McKeown of Dykema Gossett PLLC discuss why deal makers are optimistic.
While the advantages of arbitration are well known, they can become disadvantages for the unwary. Carl Jenkins and A. Scott Davidson of Duff and Phelps Corp. offer suggestions from their experiences as arbitrators, arbitration panel members, expert witnesses and consultants.
The New York high court’s recent holding in Davis v. Scottish Re Group removes a significant practical hurdle to bringing derivative claims involving Cayman Islands corporations. With the Cayman leave-of-court rule out of the picture, shareholders need not arrive at the courthouse door already equipped with evidence to support their claim, say Rob Quirk and Stephen Younger of Patterson Belknap Webb & Tyler LLP.
In a recent study, 20 out of 25 law firms surveyed have made billing process improvement a top priority for 2018. Firms can foster consistency and increase efficiency at all stages of their billing cycle by focusing on a few specific procedures, say Sharon Quaintance and Christine Indiano at HBR Consulting.
There are several different approaches to selecting the CEO and other senior executives of a joint venture. The challenge for venture parties and their advisers is to select an approach and adapt it to suit their particular circumstances, say Stephen Glover and Alisa Babitz of Gibson Dunn & Crutcher LLP.
The Fifth Circuit is among the busiest federal circuit courts in the country. What can you do to increase your chances of reaching oral argument? And if given the opportunity, how can you present a persuasive argument? Former Fifth Circuit clerk Justin Woodard, an associate at Jones Walker LLP, shares some advice.
Having just completed a six-year term as chair of the U.S. Sentencing Commission, I read Yale Law School professor James Forman's new book, "Locking Up Our Own: Crime and Punishment in Black America," with particular interest, says Judge Patti Saris, chief judge for the U.S. District Court for the District of Massachusetts.
Several recent Delaware Chancery Court opinions offer helpful insight about the impact that activist investor involvement has on board decision-making leading to a transaction, and how these board decisions will be reviewed by the courts in any subsequent litigation, say attorneys with Skadden Arps Slate Meagher & Flom LLP.
As shareholder activists fine-tune their communications strategies for the upcoming proxy season, many will view social media as an increasingly important means of getting their message out. Attorneys with Olshan Frome Wolosky LLP lay out some important considerations for investors evaluating whether and how to use social media in their upcoming campaigns.
Effective integration efforts start long before a deal is completed. In fact, integration should start at the target screening stage of the M&A process, says Jeremy Swan of CohnReznick LLP.