Mergers & Acquisitions

  • August 31, 2026

    Ropes-Steered Lilly To Buy Goodwin-Led Merida For $2.9B

    Eli Lilly and Co., advised by Ropes & Gray LLP, said Monday that it has agreed to pay up to $2.875 billion in cash to purchase autoimmune- and allergic disease-focused biotech Merida Biosciences Inc., which is being advised by Goodwin Procter LLP.

  • August 31, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week saw disputes over a $200 million federal grant, a $1.7 billion software take-private deal, the ouster of Better.com founder Vishal Garg and a proposed $4 million settlement stemming from an electric vehicle company's SPAC merger.

  • August 31, 2026

    Simpson Thacher Welcomes DC Energy Atty From Skadden

    Simpson Thacher & Bartlett LLP announced Monday that it has welcomed an energy and infrastructure partner from Skadden Arps Slate Meagher & Flom LLP.

  • August 31, 2026

    SLB Buying Kelvion In $4.1B Data Center Cooling Deal

    Global energy technology company SLB said Monday it has agreed to acquire Apollo-backed Kelvion, a provider of thermal management and heat exchange technologies, in a $4.1 billion deal that SLB said will expand its role in the rapidly growing data center infrastructure space. 

  • August 31, 2026

    Aon Buying KKR-Backed USI In $17B Middle-Market Push

    Aon said Monday it has agreed to buy U.S. insurance broker USI from private equity firm KKR and other shareholders in a $17 billion deal that would expand the London-based insurer's presence in the U.S. middle-market insurance segment.

  • August 31, 2026

    Paul Hastings Hires Longtime FTC Mergers Atty In DC

    An attorney from the Federal Trade Commission, who worked with the agency for nearly 20 years and was most recently deputy assistant director in the Mergers I Division, has joined Paul Hastings LLP, the firm announced Monday.

  • August 28, 2026

    Don't Miss It: Kirkland, Latham Steer Latest Hot Deals

    A lot can happen in the world of mergers and acquisitions and equity fundraising over the course of a couple of weeks, and it's difficult to keep up with all the deals.

  • August 28, 2026

    Insurance Tech SPAC Investor Wins Fight To Resell 5M Shares

    The Delaware Chancery Court has handed asset manager Meteora Capital Partners LP a summary judgment win in its contract fight with auto insurance technology company Roadzen Inc., finding Roadzen breached a 2023 stock subscription agreement by failing to register shares and later failing to remove restrictions that kept Meteora from reselling them.

  • August 28, 2026

    AI-Bolstered Drug Co. Hits Ch. 11 With $105M Debt

    A company that uses artificial intelligence to explore new uses for existing drugs entered bankruptcy in Delaware with over $104 million in debt and a stalking horse bidder.

  • August 28, 2026

    DOJ Says KKR's $250M Deal Will Deter HSR Violations

    The U.S. Department of Justice has issued its formal defense of a $250 million settlement with KKR & Co. and affiliated entities resolving allegations that the private equity firm repeatedly violated the Hart-Scott-Rodino Act's premerger notification and waiting period rules.

  • August 28, 2026

    Element, Solstice Kill $14.5B Deal, Citing Shareholder Views

    Solstice Advanced Materials Inc. and Element Solutions Inc. have terminated the early July deal that would have seen Solstice acquire Element for $14.5 billion in an effort to bolster its capabilities to serve the data center and semiconductor manufacturing industries.

  • August 28, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen shoe brand Crocs bring an appeal against the chief executive of the U.K.'s Intellectual Property Office, singer Alanis Morissette sued by the former head of operations at Live Nation Israel and the son of convicted fraudster Guo Wengui file an appeal against the Chapter 11 trustee controlling his father's bankruptcy estate. 

  • August 28, 2026

    Generali Evaluating $10.1B Offer From Monte Dei Paschi

    Assicurazioni Generali is evaluating Banca Monte dei Paschi di Siena's roughly $10.1 billion offer for its majority-owned wealth management unit Banca Generali, as the Italian insurer considers the broader industrial collaboration proposed by the lender.

  • August 27, 2026

    Chamber Says FTC's Meta Appeal Trying To 'Rewrite' Law

    The U.S. Chamber of Commerce and other amicus filers urged the D.C. Circuit not to revive the Federal Trade Commission monopolization lawsuit targeting Meta's purchases of WhatsApp and Instagram, taking issue Thursday with how the FTC characterizes social media competition, consumer behavior and the law allowing it to sue.

  • August 27, 2026

    News Outlets Say Trump Media's Suit Targets True Reports

    News outlets sued by President Donald Trump's social media company asked a Florida judge Thursday to end the $1.5 billion suit, arguing that the allegedly defamatory reports were substantially true and were published without actual malice.

  • August 27, 2026

    EV-Maker SPAC Investors Reach $4M Chancery Settlement

    Former stockholders of the special purpose acquisition company that took electric vehicle manufacturer Lion Electric public have agreed to a $4 million cash settlement with seven individuals who served as Northern Genesis Acquisition Corp. directors, officers or alleged controllers to end Delaware Chancery Court claims over the 2021 deal.

  • August 27, 2026

    Health Co. Gets Partial Win In Suit Over $8.5M Food Tech Deal

    A Florida federal judge handed a partial win to a health information technologies services company and its board Thursday, tossing some claims that they cheated a Canadian business out of $8.5 million in equity after fraudulently inducing the sale of a subsidiary specializing in plant-based extrusion technology.

  • August 27, 2026

    Salad Chain Gets OK For Lease Auction, New Ch. 11 Loan

    A Texas bankruptcy judge on Thursday gave drive-thru chain Salad and Go permission to take out replacement Chapter 11 financing on new terms and put about 130 leases up for auction, including 65 originally slated for a $105 million private sale.

  • August 27, 2026

    First Financial Corp. Buying First Illinois In $111.3M Deal

    First Financial Corp. has agreed to buy First Illinois Corp., the parent company of Hickory Point Bank and Trust, for about $111.3 million in cash and stock, expanding the Indiana-based bank's presence in central Illinois, the companies said Thursday.

  • August 27, 2026

    UEFA Eyes Criminal Case Over Abandoned World Cup Sale

    European soccer's governing body is asking a Florida federal court for access to documents that may build its criminal case against FIFA's now-abandoned plans to sell off the commercial rights to the World Cup tournament.

  • August 27, 2026

    Dems Want DOJ, FTC To Look At Sysco's $29B Jetro Buy

    Two Democratic lawmakers called on the U.S. Department of Justice and the Federal Trade Commission on Wednesday to closely inspect Sysco Corp.'s plans to buy competitor Restaurant Depot LLC aka Jetro Restaurant Depot at a total enterprise value of $29.1 billion, warning in a letter the transaction could hurt independent restaurants, farmers and Americans who "are already facing an affordability crisis."

  • August 27, 2026

    Jeanie Buss Says Siblings' Lakers Sale Defies Court Order

    Lakers controlling owner Jeanie Buss petitioned a California state court to halt efforts by her five siblings to sell the family's 17.8% share of the NBA franchise, saying the purported sale violates a 2017 court order that they take all reasonable steps to ensure she remains as the team's leader.

  • August 27, 2026

    Satellite Comms Biz To Go Public Via $1B SPAC Merger

    Satellite communications company Astrum Space Inc. on Thursday revealed plans to go public by merging with special purpose acquisition company Black Spade Acquisition III Co. in a deal that gives Astrum an equity value of roughly $1 billion.

  • August 27, 2026

    Silver Lake Urges Chancery To Toss $1.7B Zuora Deal Suit

    Silver Lake Group LLC and Zuora Inc. founder Tien Tzuo urged the Delaware Chancery Court on Thursday to throw out a stockholder suit challenging their $1.7 billion take-private deal, arguing the sale was protected by an independent special committee and an informed stockholder vote.

  • August 27, 2026

    Apollo, KKR Partner With Atlantic Aviation At $10B Valuation

    Private equity giants KKR, advised by Kirkland & Ellis LLP, and Apollo, led by Paul Weiss Rifkind Wharton & Garrison LLP, on Thursday unveiled a strategic partnership to support the growth of private aviation infrastructure platform Atlantic Aviation in a deal that values the company at close to $10 billion.

Expert Analysis

  • Series

    Power To The Paralegals: Burnout As A Structural Problem

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    Law firm leadership can best retain their paralegals not by encouraging self-care, but by seeking top-down structural solutions for the quiet proliferation of responsibilities and the vicarious exposure to client trauma that particularly drive burnout in this vital role, says Erika Sneeringer at Brockstedt Mandalas.

  • A Framework For Volume Dispute Damages In Oil, Gas M&A

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    With every major upstream oil and gas consolidation in recent years having resulted in minimum volume commitment disputes, experts testifying in such litigation must use a five-step framework for calculating lost profits that accounts for the option structure embedded in the contract, says Robert Foss at Hinds Feat Advisors.

  • Ill. Law Firm MSO Bill Clashes With Court Power, Ethics Rules

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    An Illinois bill prohibiting law firms from certain business arrangements with management service organizations, sent to the governor for signature last week, encroaches upon the courts' constitutional powers and goes beyond the Illinois Rules of Professional Conduct in regulating investment in law-related services, says Matthew O’Hara at Smith Gambrell.

  • As Quantum Computing Evolves, So Do Antitrust Risks

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    Amid quantum computing's increased strategic importance there are five potential antitrust fault lines that may arise not only between quantum developers, but also within and across the layers of the stack as the industry matures, say attorneys at Proskauer.

  • Opinion

    State Courts Must Be Gatekeepers Of Expert Testimony

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    Based on my experience in the state judiciary, emulating federal courts' role as gatekeepers of expert witness testimony would help state court judges maintain the appearance of impartiality and assist juries, thus enhancing the overall confidence people have in their justice system, says Lorie Gildea at Greenberg Traurig.

  • Series

    Moshing Makes Me A Better Lawyer

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    Entering a mosh pit is much like entering the practice of law — it is difficult, you have to know both the written and unwritten rules, and conduct yourself according to the expectations of each community, says Christopher Deubert at Constangy Brooks.

  • Okla. Reforms Will Curb Oil, Gas Royalty Litigation Risk

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    Recent amendments to Oklahoma's Production Revenue Standards Act — the most comprehensive in decades — raise the stakes for true noncompliance with the state's oil and gas royalty payment framework, while offering operators clearer rules, defined interest boundaries and predictable exits from prolonged suspense situations, say attorneys at GableGotwals.

  • Tracking The Rare 'Quick Look' Win In FTC's Zillow-Redfin Suit

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    The Federal Trade Commission’s suit claiming that Zillow illegally paid Redfin to exit the apartment rental market is one to watch because its early success under the less rigorous “quick look” standard of antitrust review could turn into a rare case won under the doctrine, say attorneys at Axinn.

  • Why Highly Specialized Experts May Risk Exclusion At Trial

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    Expert witnesses with highly specific areas of focus may be vulnerable to exclusion in court, making it important for attorneys to check how potential witnesses' qualifications can be bolstered by their publications and other professional activities, say Evan Weisberg and Christopher Cunio at Hunton, and Kevin Cahill at FTI Consulting.

  • Drawing A Line Between Settlement Pressure And Extortion

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    U.S. v. Luo, pending in the U.S. District Court for the Southern District of New York, may force courts to address anew when settlement negotiations become criminal extortion, particularly in the age of easily fabricated digital evidence, says attorney Denis Kiely.

  • California Antitrust Bill Raises New Risks For Dealmakers

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    A pending California bill would turn the state attorney general's office into a more powerful antitrust enforcer, introducing a host of implications for dealmakers beyond whether deals close, such as deal certainty and risk allocation, say attorneys at Baker Botts.

  • Risk Reduction Lessons For PE Firms From PowerSchool Suit

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    A California federal court's recent orders allowing claims against Bain Capital to proceed based on a data breach at its subsidiary PowerSchool indicate that private equity firms need to strategically approach acquisition activities to avoid cybersecurity risks, say attorneys at Womble Bond.

  • FTC Focus: Calibrating Biden-Era Issues In 2026's 1st Half

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    In the first half of 2026, Federal Trade Commission actions have redefined which of the previous administration's theories it views as legally sustainable, institutionally worthwhile and consistent with a more restrained conception, including a pivot from rulemaking to case-specific noncompete enforcement this spring, say attorneys at Proskauer.

  • Series

    Founding An Autism Academy Made Me A Better Lawyer

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    Starting a nonprofit autism school with no building, no funding model and no guarantee that families would trust us taught me the importance of mission, patience and purpose — lessons that sharpened my practice and showed how meaningful work outside the office can make lawyers better, says Phillip Russell at Ogletree Deakins.

  • Opinion

    Rule Of Law Requires Gov't Engagement With Bar, Not Retreat

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    A federal agency's absence from national and local bar conferences, most recently illustrated by the U.S. Department of Justice's withdrawal from a New York City Bar Association white collar conference, disserves the bar, the government lawyers themselves and, ultimately, the administration of justice, says Muhammad Faridi at Linklaters.

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