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Mergers & Acquisitions
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January 30, 2026
Mergers & Acquisitions Group Of The Year: Kirkland
Kirkland & Ellis LLP advised an investor consortium on an all-cash transaction to acquire Electronic Arts Inc., in what the firm says is the largest take-private deal in history as the company had an enterprise value of approximately $55 billion at the time, earning the firm a spot among the 2025 Law360 Mergers & Acquisitions Groups of the Year.
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January 30, 2026
Mining SPAC's $270M IPO Starts Trading As 3 Firms Advise
Shares of M‑EVO Global Acquisition Corp II began trading Friday after the blank check company priced an upsized $270 million initial public offering, selling 27 million units at $10 each, according to a company statement.
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January 30, 2026
Taxation With Representation: Clifford Chance, Ropes & Gray
In this week's Taxation With Representation, real estate investment trust Apollo Commercial Real Estate Finance Inc. announces plans to sell a loan portfolio to retirement services company Athene Holding Ltd., engineering and technology company Leidos acquires Entrust Solutions Group, and Prosperity Bancshares Inc. and Stellar Bancorp Inc. announce a merger.
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January 30, 2026
4 Firms Build Sale Of $622M Energy Assets To GeoPark
Canadian oil and natural gas company Frontera Energy Corp. on Friday announced plans to sell its Frontera Petroleum International Holdings B.V. to independent energy company GeoPark Ltd. in a deal that values the assets at $622 million and was built by four law firms.
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January 30, 2026
IG Group Completes $125M Cryptocurrency Exchange Deal
IG Group said Friday that it has completed the approximately 178 million Australian dollars ($125 million) acquisition of Australian cryptocurrency exchange Independent Reserve after receiving approval from the central bank of Singapore.
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January 30, 2026
Apax In Talks To Buy Auto Dealer Tech Biz For £583M
Pinewood Technologies Group PLC has confirmed that it has entered into talks with private equity firm Apax Partners LLP over a potential acquisition that values the U.K. automotive software company at £583 million ($802 million).
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January 30, 2026
AstraZeneca Seals China Obesity Drug Deal For Up To $18.5B
Biotechnology giant AstraZeneca has struck a licensing deal worth up to $18.5 billion with CSPC Pharmaceutical of China to develop weight-loss drugs, the companies said Friday, as Western investment in China ramps up.
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January 29, 2026
Trump SPAC Fights Chancery's $25K Daily Sanction Ruling
The blank check company that took Trump Media & Technology Group Corp. public last year says it has been "unfairly trapped in a procedural morass" after a Delaware Chancery Court magistrate held the company in contempt and ordered it to pay sanctions over its refusal to pay an over $2 million legal fee advancement bill.
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January 29, 2026
RealNetworks Can't Exit Investor Suit Over Take-Private Deal
RealNetworks Inc., an artificial intelligence-focused digital media company, cannot escape a shareholder suit alleging that the company and its top brass misled investors in a 2022 take-private transaction, a Washington federal judge has ruled.
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January 29, 2026
Conn. Cinches Consumer Safeguards In $34.5B Cox-Charter Deal
Connecticut officials have secured "major consumer protections" as Charter Communications Inc. seeks to acquire Cox Communications in a $34.5 billion deal, as well as a commitment to keep a corporate office in Stamford, according to the state attorney general's office.
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January 29, 2026
Zuora Investor Sues Over $1.7B Silver Lake Take-Private Deal
An investor in software as service subscription software venture Zuora Inc. has opened a proposed class suit seeking damages in connection with Silver Lake Group's $1.7 billion take-private acquisition of the company, naming both Silver Lake and managing panther Joseph Osnoss and alleging breaches of fiduciary duty.
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January 29, 2026
Rick Perry's AI Energy Co. Ensnared In Broker's Fee Suit
A Texas energy broker affiliate has alleged that a "calculated scheme" deprived the broker of a nearly $6 million commission fee after it helped secure a $399 million natural gas turbine contract between a liquefied natural gas company and a data center developer.
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January 29, 2026
Landmark Divestiture Order Scrutinized By 4th Circ. Again
A Fourth Circuit panel questioned whether door manufacturer Steves and Sons Inc. needs to prove its case all over again to save a landmark order requiring its rival Jeld-Wen to unload a Pennsylvania factory during Thursday's oral argument on a bid to vacate the ruling.
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January 29, 2026
Wachtell-Led International Paper To Split Into 2 Public Cos.
International Paper said Thursday it will split its operations into two separate publicly traded companies, retaining a North American entity while creating a new company for its Europe, Middle East and Africa operations.
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January 29, 2026
M&A Group Of The Year: Sullivan & Cromwell
Sullivan & Cromwell LLP had a standout year in 2025 that involved a slate of diverse, complex and high-profile transactions, including Discover's $50.6 billion merger with Capital One, earning the firm a spot among the 2025 Law360 Mergers & Acquisitions Groups of the Year.
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January 29, 2026
TreeHouse Foods Sued In Chancery For Docs On $2.9B Sale
A TreeHouse Foods stockholder filed suit in Delaware's Court of Chancery late Wednesday for expedited access to withheld documents on the company's $2.9 billion agreement in November to sell the packaged snack and beverage company to affiliates of Investindustrial VIII SCSp, an independently managed group of European investment, holding and advisory companies.
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January 29, 2026
Jones Day Guides VSE Corp. On $2B Precision Aviation Deal
Jones Day is advising aviation company VSE Corp. on an agreement to acquire Precision Aviation Group Inc. from Winston & Strawn LLP-led GenNx360 Capital Partners for up to $2.15 billion, the companies announced Thursday.
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January 29, 2026
SpaceX Eyes IPO At $1.5 Trillion Value, Plus More Rumors
Elon Musk's SpaceX is preparing plans to launch an initial public offering that would value it at a massive $1.5 trillion, Chevron is seeking better terms from Iraq before buying Russia's Lukoil assets, and cryptocurrency wallet Ledger is weighing a $4 billion U.S. IPO.
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January 29, 2026
Lukoil Open To Offers Despite Deal With Carlyle
Russian oil and gas heavyweight Lukoil said Thursday that it has agreed to sell its international assets to U.S. private equity giant Carlyle, but added that it is open to alternative offers.
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January 28, 2026
Ropes Leads Kraken-Linked SPAC's Upsized $300M Listing
Krakacquisition, a blank check company that counts crypto exchange Kraken among its backers, began trading on Wednesday after pricing an upsized $300 million initial public offering steered by Ropes & Gray LLP and underwriter counsel Allen Overy Shearman Sterling US LLP.
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January 28, 2026
Chancery Awards $50M To Arxada In Trade Secrets Case
Chemicals company Arxada on Wednesday was awarded more than $50 million in damages and expenses in its lawsuit in Delaware's Court of Chancery claiming the owner of a company it bought took its trade secrets with his family to form a competitor.
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January 28, 2026
Werner Acquires FirstFleet Trucking Co. In $283M Deal
Werner Enterprises said Wednesday it has purchased privately held dedicated trucking company First Enterprises Inc., known as FirstFleet, for about $245 million in cash, and will separately purchase about $38 million worth of real estate from the company.
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January 28, 2026
Mergers & Acquisitions Group Of The Year: Skadden
Skadden Arps Slate Meagher & Flom LLP guided Union Pacific Railroad Co. on its $85 billion acquisition of Norfolk Southern, along with advising Ansys on a purchase valuing the software company at $35 billion, earning the firm a spot among 2025 Law360 Mergers & Acquisitions Groups of the Year.
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January 28, 2026
Wachtell-Led Prosperity To Buy Stellar Bancorp In $2B Deal
Prosperity Bancshares Inc. has agreed to acquire Stellar Bancorp Inc. and its bank subsidiary in a transaction valued at about $2 billion, the companies said on Wednesday.
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January 28, 2026
Housing Biz Unite Seals £723M Acquisition Of Rival Empiric
Student accommodation developer Unite Group said Wednesday its £723 million ($997 million) acquisition of rival Empiric has now been completed after the scheme of arrangement became effective to create a student housing giant with a £10.5 billion combined portfolio.
Expert Analysis
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What's New In ISS' Benchmark Voting Policy Updates For 2026
Companies should audit their governance structures and disclosures to prepare for the upcoming proxy season in light of Institutional Shareholder Services' 2026 policy updates, which include tighter guardrails on capital structures and director compensation, and more disclosure-driven assessments of environmental and social shareholder proposals, say attorneys at Fenwick.
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Navigating Privilege Law Patchwork In Dual-Purpose Comms
Three years after the U.S. Supreme Court declined to resolve a circuit split in In re: Grand Jury, federal courts remain split as to when attorney-client privilege applies to dual-purpose legal and business communications, and understanding the fragmented landscape is essential for managing risks, say attorneys at Covington.
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Key Changes In World Bank's New Compliance Updates
Recent updates to integrity guidelines for companies that bid and work on World Bank-financed projects are sufficiently extensive and unique that covered businesses must take proactive steps to map the changes against their existing compliance programs or risk severe business consequences, say attorneys at Steptoe.
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What Changed For Healthcare Transaction Law In 2025
Though much of the legislation introduced last year to expand state scrutiny of healthcare transactions did not pass, investors should pay close attention to the overarching trends, which are likely to continue in this year's legislative sessions, say attorneys at Ropes & Gray.
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7 Ways In-House Counsel May Unearth Red Flags In AI M&A
In-house counsel and executives conducting M&A due diligence in the artificial intelligence arena can surface hidden liabilities and avoid problems or divestitures by adopting strategies in key areas, including intellectual property provenance and postclose risk management, say attorneys at Reed Smith.
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Series
Fly-Fishing Makes Me A Better Lawyer
Much like skilled attorneys, the best anglers prize preparation, presentation and patience while respecting their adversaries — both human and trout, says Rob Braverman at Braverman Greenspun.
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4 Ways GCs Can Manage Growing Service Of Process Volume
As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.
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Series
The Law Firm Merger Diaries: Forming Measurable Ties
Relationship-building should begin as early as possible in a law firm merger, as intentional pathways to bringing people together drive collaboration, positive client response, engagements and growth, says Amie Colby at Troutman.
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5 E-Discovery Predictions For 2026 And Beyond
2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.
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Series
Judges On AI: How Courts Can Boost Access To Justice
Arizona Court of Appeals Judge Samuel A. Thumma writes that generative artificial intelligence tools offer a profound opportunity to enhance access to justice and engender public confidence in courts’ use of technology, and judges can seize this opportunity in five key ways.
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Opinion
The Case For Emulating, Not Dividing, The Ninth Circuit
Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.
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Banking M&A Outlook Reflects Favorable Regulatory Climate
The banking mergers and acquisitions environment is starting 2026 with a rare alignment of favorable market conditions and a more permissive regulatory atmosphere, creating a clear window for banks to pursue transformative combinations and shape the competitive landscape, say attorneys at Reed Smith.
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Series
Muay Thai Makes Me A Better Lawyer
Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.
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Series
Law School's Missed Lessons: Intentional Career-Building
A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.
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Chancery Exec Noncompete Ruling Offers PE Buyer Lessons
In Derge v. D&H United Fueling Solutions, the Delaware Court of Chancery sided with a private equity-backed portfolio company by enforcing a noncompete against an executive, providing private equity buyers with a checklist of factors for an enforceable noncompete in the sale-of-business context, says Danielle Asaad at Squire Patton.