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Mergers & Acquisitions
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December 18, 2025
EU Approves Bakery Biz Deal With Plant Sales
European enforcers approved Belgian food group Vandemoortele's proposed acquisition of Délifrance SA from French grain cooperative Vivescia, conditioned on the sale of two production facilities for frozen dough products.
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December 18, 2025
Unions Come Out Against Rail Giants' $85B Merger
Two Teamsters unions representing a majority of organized workers at Norfolk Southern and Union Pacific came out in opposition this week to the companies' proposed $85 billion merger, arguing the deal would strangle railroads' competitive angle and drive down safety standards.
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December 18, 2025
Dems Urge Scrutiny Of AT&T, SpaceX Spectrum Deals
Congressional Democrats are pushing Trump administration officials to further scrutinize AT&T and SpaceX's plans to obtain wireless spectrum licenses from the telecommunications company EchoStar.
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December 18, 2025
Latham, Debevoise Steer Howard Hughes' $2.1B Vantage Buy
Texas-based Howard Hughes Holdings Inc., led by Latham & Watkins LLP, on Thursday announced plans to acquire private equity-backed specialty insurance and reinsurance company Vantage Group Holdings Ltd., advised by Debevoise & Plimpton LLP, in a $2.1 billion deal.
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December 18, 2025
$3.6B Hogan Lovells, Cadwalader Deal To Form Top 5 Firm
Hogan Lovells and Cadwalader Wickersham & Taft are planning to combine, creating what the firms say will be the world's fifth-largest firm by revenue, they announced Thursday.
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December 18, 2025
Qualcomm Completes $2.4B Alphawave IP Acquisition
British semiconductor technology company Alphawave IP Group PLC said Thursday that the court-backed scheme for its $2.4 billion takeover by U.S. tech giant Qualcomm Inc. has become effective.
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December 18, 2025
Trump Media Combining With TAE In $6B Nuclear Fusion Deal
Trump Media and Technology Group said Thursday it has agreed to merge with TAE Technologies, a privately held fusion power company, in an all-stock deal valued at $6 billion that would create one of the first publicly traded fusion energy companies.
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December 17, 2025
Lawmakers Raise Concerns Over Nexstar's $6.2B Tegna Deal
A group of Democratic lawmakers has urged federal enforcers to closely scrutinize Nexstar Media Group Inc.'s planned $6.2 billion purchase of rival broadcast company Tegna Inc. and to block the deal if they find it violates the law.
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December 17, 2025
2 Firms Guide $192M Northern California Bank Merger
Northern California's Community West Bank and United Security Bank on Wednesday announced plans to merge by the middle of next year in a $192 million deal guided by Otteson Shapiro LLP and Stuart Moore Staub.
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December 17, 2025
10th Circ. Panel Restores $2.9M FINRA Award Against Adviser
A Tenth Circuit panel on Wednesday reinstated a $2.9 million Financial Industry Regulatory Authority arbitration award against a financial adviser who allegedly undermined a firm she worked for, ruling that she waived any objections she had to arbitrating with the plaintiffs before FINRA.
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December 17, 2025
Chancery OKs $10M Fat Brands Settlement, Defers Fees
A judge in the Delaware Chancery Court on Wednesday approved a proposed settlement resolving two long-running shareholder derivative suits against Fat Brands Inc. and its controlling stockholder, finding that the deal delivers immediate cash, targeted governance reforms and a realistic recovery in light of substantial litigation and collectibility risks, while reserving judgment on a disputed request for attorney fees.
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December 17, 2025
Coursera, Udemy Merging Into $2.5B Online Education Co.
Online education company Coursera said Wednesday it has agreed to buy rival Udemy in an all-stock deal valuing the combined company at about $2.5 billion, as the firms look to scale their platforms amid rising demand for job-ready skills driven by artificial intelligence.
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December 17, 2025
Hogan Lovells-Led Twins Add Investors, Keep Family Control
The Minnesota Twins, counseled by Hogan Lovells, announced three new minority investors on Wednesday, including the owner of the market's NHL franchise, four months after the Pohlad family called off plans to sell the MLB team.
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December 17, 2025
DOJ Says Live Nation Can't Avoid Jury In Antitrust Case
The Justice Department wants a New York federal judge to force Live Nation to face a jury next year on allegations it bought, coerced and leveraged its way to live performance dominance, arguing in a newly unsealed brief that there are too many factual disputes to upstage the lawsuit.
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December 17, 2025
Air Taxi Co. Settles SPAC Merger Price Suit For $17.75M
Stockholders of former air transport venture Blade Air Mobility Inc. have agreed to settle for $17.75 million a Delaware Chancery Court stockholder derivative suit accusing an officer and controlling investors of breaching their fiduciary duties in a take-public deal via a special purpose acquisition company.
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December 17, 2025
UWM Nabs MSR-Focused REIT In $1.3B All-Stock Deal
Greenberg Traurig-advised mortgage lender UWM Holdings Corp. on Wednesday unveiled plans to acquire mortgage servicing rights-focused REIT Two Harbors Investment Corp., led by Jones Day, in an all-stock deal that boasts an equity value of $1.3 billion.
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December 17, 2025
Edinburgh Trust Urges Shareholders To Nix Board Takeover Bid
British investment company Edinburgh Worldwide on Wednesday urged its shareholders to vote against proposals made by its biggest shareholder Saba Capital to revamp its board, in what it called an attempt to "take control on the cheap."
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December 17, 2025
Blackstone Seals $5B Partnership With Israeli Asset Manager
Israel-based asset management and insurance company Phoenix Financial on Wednesday announced that it has entered into a strategic partnership with Simpson Thacher & Bartlett LLP-led private equity giant Blackstone under which the Israeli firm will invest up to $5 billion across a range of credit strategies.
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December 17, 2025
Diageo To Exit Kenya In $2.3B Deal With Asahi
Guinness owner Diageo said Wednesday that it has agreed to sell its Kenyan subsidiary to Japanese rival Asahi in a $2.3 billion deal, marking its exit from the East African country.
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December 17, 2025
Warner Bros. Board Rejects 'Inferior' Paramount Bid
Warner Bros. Discovery Inc. said Wednesday that its board has determined Paramount Skydance Corp.'s $108.4 billion hostile offer is not a "superior proposal" to the company's pending $82.7 billion agreement with Netflix.
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December 17, 2025
Finance Co. Gets Extra Time To Make £523M UK Credit Biz Bid
Britain's merger regulator has extended the deadline of U.S. finance group BasePoint Capital LLC to table a £523 million ($697 million) bid for International Personal Finance PLC, the U.K. credit provider said Wednesday.
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December 17, 2025
Greencore's £1.2B Bakkavor Deal To Complete After CMA OK
Irish food manufacturer Greencore said Wednesday that it expects its £1.2 billion ($1.6 billion) acquisition of rival Bakkavor to complete in January after the U.K.'s competition authority abandoned its probe amid antitrust fixes proposed by the sides.
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December 16, 2025
Judge Skeptical Of Trump-Tied SPAC's Defense In SEC Suit
A former Trump business associate appeared unlikely to win early dismissal of a U.S. Securities and Exchange Commission suit accusing him of hiding advanced merger discussions with the president's media company from SPAC investors in 2021, as a federal judge wondered Tuesday how the talks could be considered immaterial.
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December 16, 2025
Va. Judge Advances Most Claims In Stelara Antitrust Case
A Virginia federal judge has allowed health insurer CareFirst's anticompetition and patent fraud claims against Johnson & Johnson to move forward in a case alleging anticompetitive behavior in relation to the immunosuppressive drug Stelara, while letting the pharmaceutical giant escape some claims of misrepresentation.
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December 16, 2025
The Most Important Healthcare And Life Science Deals Of 2025
Attorneys taking stock of 2025 spoke to Law360 about the most important deals of the year, including Pfizer’s high-profile acquisition of Metsera and transactions in outpatient services and gene therapy.
Expert Analysis
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Considerations When Invoking The Common-Interest Privilege
To successfully leverage the common-interest doctrine in a multiparty transaction or complex litigation, practitioners should be able to demonstrate that the parties intended for it to apply, that an underlying privilege like attorney-client has attached, and guard against disclosures that could waive privilege and defeat its purpose, say attorneys at DLA Piper.
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Series
The Law Firm Merger Diaries: Making The Case To Combine
When making the decision to merge, law firm leaders must factor in strategic alignment, cultural compatibility and leadership commitment in order to build a compelling case for combining firms to achieve shared goals and long-term success, says Kevin McLaughlin at UB Greensfelder.
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5 Bonus Plan Compliance Issues In Financial Services
As several legal constraints — including a new California debt repayment law taking effect in January — tighten around employment practices in the fiercely competitive financial services sector, the importance of compliant, well-drafted bonus plans has never been greater, say attorneys at Jackson Lewis.
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Opinion
Despite Deputy AG Remarks, DOJ Can't Sideline DC Bar
Deputy Attorney General Todd Blanche’s recent suggestion that the D.C. Bar would be prevented from reviewing misconduct complaints about U.S. Department of Justice attorneys runs contrary to federal statutes, local rules and decades of case law, and sends the troubling message that federal prosecutors are subject to different rules, say attorneys at HWG.
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From Bank Loans To Private Credit: Tips For Making The Shift
The relationship between private credit and syndicated bank deals will evolve as the private market continues to grow, introducing new challenges for borrowers comparing financing options, particularly pertaining to loan documentation and working capital, say attorneys at Haynes Boone.
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Rule Amendments Pave Path For A Privilege Claim 'Offensive'
Litigators should consider leveraging forthcoming amendments to the Federal Rules of Civil Procedure, which will require early negotiations of privilege-related discovery claims, by taking an offensive posture toward privilege logs at the outset of discovery, says David Ben-Meir at Ben-Meir Law.
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Series
My Miniature Livestock Farm Makes Me A Better Lawyer
Raising miniature livestock on my farm, where I am fully present with the animals, is an almost meditative time that allows me to return to work invigorated, ready to juggle numerous responsibilities and motivated to tackle hard issues in new ways, says Ted Kobus at BakerHostetler.
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Litigation Funding Could Create Ethics Issues For Attorneys
A litigation investor’s recent complaint claiming a New York mass torts lawyer effectively ran a Ponzi scheme illustrates how litigation funding arrangements can subject attorneys to legal ethics dilemmas and potential liability, so engagement letters must have very clear terms, says Matthew Feinberg at Goldberg Segalla.
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E-Discovery Quarterly: Recent Rulings On Dynamic Databases
Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.
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How Litigating Antitrust Fix Helped GTCR Prevail In Court
An Illinois federal judge's recent denial of the Federal Trade Commission's injunction request in the GTCR acquisition of Surmodics joins a developing series of cases in which deal parties have prevailed against government antitrust challenges by proposing a post-complaint fix and litigating the as-amended deal, say attorneys at Paul Weiss.
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Series
Building With Lego Makes Me A Better Lawyer
Building with Lego has taught me to follow directions and adapt to unexpected challenges, and in pairing discipline with imagination, allows me to stay grounded while finding new ways to make complex deals come together, says Paul Levin at Venable.
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How Banks Can Safely Handle Payments For Gambling Biz
As the betting market continues to expand, it's crucial for banks and fintechs to track historical developments in wagering and ongoing prediction markets litigation that can factor into a risk analysis for payment processing with respect to gambling operators, says Laura D'Angelo at Jones Walker.
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Series
Law School's Missed Lessons: Networking 101
Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.
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Defeating Estoppel-Based Claims In Legal Malpractice Actions
State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.
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Series
The Biz Court Digest: How It Works In Massachusetts
Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.