Mintz Levin Cohn Ferris Glovsky and Popeo PC has hired a pair of Morgan Lewis & Bockius LLP partners who have represented technology, life sciences and startup companies in complex corporate transactions, expanding the firm’s technology team in Boston, the firm announced.
A wholly owned indirect subsidiary of private equity firm Advent International will acquire British electronics and technology business Laird for £1 billion ($1.4 billion), the firm said Thursday.
AmTrust Financial Services Inc. on Thursday said company CEO Barry D. Zyskind and directors George Karfunkel and Leah Karfunkel will team up with private equity funds managed by Stone Point Capital LLC to take the insurer private in a deal that values the company at around $2.7 billion.
The U.S. Supreme Court has opened the door for creditors to claw back more funds in bankruptcy by rejecting the notion that a securities transaction can be insulated from avoidance actions as long as it involved a financial institution, even as just a conduit in a deal, experts say.
Bayer is reportedly going to win conditional EU approval of its bid to buy Monsanto, Embraer's CEO expects to complete joint venture talks with Boeing in the next few months, and Chinese electric car startup NIO tapped eight banks to guide its planned domestic IPO.
The Federal Communications Commission should demand more than the “vague” details Sinclair Broadcast Group Inc. has provided about the station divestiture it plans to carry out to win government approval for its planned purchase of Tribune Media Co., NCTA – The Internet & Television Association said Tuesday.
Directors and officers tied to consulting firm Towers Watson's $18 billion merger with insurance brokerage Willis were sued Tuesday in Delaware Chancery Court by a disgruntled pension fund alleging the entire deal was set up to benefit just a few individuals at Towers Watson’s expense.
An investment firm led by John McAfee defeated a proposed securities class action alleging he and the company misled investors about the firm’s dire financial state when a New York federal judge ruled Tuesday that the company had been forthcoming with shareholders about its problems.
Bankrupt air bag maker Takata opposed an attempt by the governments of Hawaii, New Mexico and the U.S. Virgin Islands on Wednesday in Delaware to push forward without restriction in their product liability suits against the debtor.
Nelson Mullins Riley & Scarborough LLP hired 11 litigation and corporate partners from Miles & Stockbridge PC who specialize in complex transactions and product liability disputes in the medical, pharmaceutical and automotive industries to open a new office in Baltimore, the firm announced.
Service provider giant Verizon Communications and spectrum-holding unit Straight Path Communications paid $614 million Wednesday to settle a Federal Communications Commission probe accusing Straight Path of “squatting” on valuable 5G-primed spectrum without developing it.
Broadcom is pushing hard to lock down its acquisition of fellow chipmaker Qualcomm even after trimming the merger price to $117 billion, taking its bid to shareholders in a campaign for board seats that may now draw attention from the Committee on Foreign Investment in the United States. Here, an interactive Law360 graphic details the twists and turns ahead of Qualcomm's annual shareholder meeting.
The Federal Energy Regulatory Commission on Wednesday gave its authorization to a merger between Great Plains Energy Inc. and Westar Energy Inc. in a deal valued at around $14 billion, finding that the transaction is in the public interest and won’t negatively impact markets or rates.
German state-owned bank and shipping lender HSH Nordbank has entered into an agreement to sell its remaining shares for €1 billion ($1.2 billion) to a private equity consortium that includes Cerberus European Investments and J.C. Flowers & Co., the bank said Wednesday.
Data analytics firm Splunk Inc. said Tuesday it will pay about $350 million to acquire venture capital-backed security automation company Phantom Cyber Corp. as the company looks to get ahead of the curve in the growing field of security technology integration.
Ocwen Financial Corp. has agreed to buy rival mortgage servicer PHH Corp. for $360 million in cash, the companies announced Tuesday, just weeks after the D.C. Circuit rejected PHH’s constitutional challenges to the structure of the Consumer Financial Protection Bureau.
A government contractor that makes a secret laser dye used by the U.S. Air Force accused Oakley Inc. of ripping off its technology after it bought a portion — but not all — of the contractor’s business, according to a $1.3 million suit entered in Ohio federal court on Tuesday.
The Democratic attorneys general of seven states urged the Federal Communications Commission in comments filed Monday not to relax the nationwide television audience cap, pointing specifically to Sinclair Broadcast Group Inc.’s proposed $3.9 billion purchase of Tribune Media Co., and warning of “excessive consolidation.”
The U.S. Department of Justice wrapped up its investigation into Discovery Communications’ $14.6 billion buyout of Scripps Network Interactive on Tuesday, a day after Discovery said private equity firm Francisco Partners would take over a majority stake in its education unit.
Amazon has reportedly snapped up home security startup Ring, Glassdoor is talking to banks that could aid an upcoming initial public offering, and Toys R Us is mulling a deal to sell its stake in its Asian business.
“Business divorces” can be emotionally charged events that present challenging legal issues. Eliciting certain basic information at the outset is critical to counseling the client effectively. Without this threshold information, it is difficult to set out a clear or well-planned exit strategy, says Damian Albergo of Cole Schotz PC.
Bartlit Beck was a wonderful place to work for 18 years, and the lawyers there are not only excellent attorneys but also great people. That said, I can look analytically at the Bartlit Beck fee model and make some observations on its pros and cons, says J.B. Heaton, founder of investment analytics company Conjecture LLC.
We tell jurors how important they are to the successful implementation of our judicial system, but oftentimes we don’t treat them with the reverence they deserve. U.S. District Judge Amos Mazzant III of the Eastern District of Texas, Lisa Blue of Baron and Blue, and Robert Hirschhorn of Cathy E. Bennett & Associates advocate three improvements to give jurors an active role in our civil and criminal jury trials.
It used to be that hiring a good law firm was the single most important thing a company could do when facing litigation. You could now make the case that an organization’s most powerful asset in prosecuting or defending a claim is its information, says Linda Sharp, associate general counsel of ZL Technologies and chair of the ACC Information Governance Committee.
In its new report on the effects of automation in the workplace, McKinsey Global Institute identifies lawyers as less susceptible to the sort of automation that could put one-third of American workers out of a career by 2030. This may seem reassuring, but it doesn't mean automation won't disrupt our bottom line, says Michael Moradzadeh of Rimon PC.
While it is important to focus on “getting the deal done,” a seller should also take into account and plan for potential deal litigation. For a public company contemplating a sale-of-control transaction, shareholder litigation is very likely, say attorneys with Gibson Dunn & Crutcher LLP.
Under one view, large-scale mergers like the one proposed between CVS and Aetna are fine so long as they don’t restrict consumer choices and stifle innovation. But from another view, “bigness” can be an evil in its own right, says Randy Gordon of Crowe & Dunlevy PC.
Gary Ford's new book, "Constance Baker Motley: One Woman’s Fight for Civil Rights and Equal Justice Under Law," is more than a biography of the first African-American woman to become a federal judge. It presents in vivid detail how her work altered the legal landscape of the United States, says U.S. District Judge Marcia Cooke of the Southern District of Florida.
Google’s status as a go-to research tool has transformed legal research habits, leading critics to view law libraries as cost centers. Law firms should embrace Google-style research tools and manage costs efficiently in order to position their libraries as valuable assets for years to come, says Donna Terjesen of HBR Consulting.
Millennials are now the largest living generation and comprise one-third of jurors. While it is impossible to generalize a group so large and diverse, trial lawyers should be mindful of certain generational differences, say baby boomer Lee Hollis and millennial Zachary Martin of Lightfoot Franklin & White LLC.