Volkswagen said Wednesday it is investing roughly €900 million ($1 billion) in battery maker Northvolt AB in a deal that will also see the German automaker pick up a 20% stake in the Swedish battery cell producer.
Perkins Coie has snapped up a media and telecommunications expert from Paul Hastings to join its technology transactions, privacy, and mergers and acquisitions practice in its Washington office.
Forever 21 has sought out restructuring advice from Latham & Watkins LLP, T-Mobile assets up for sale have earned the interest of Altice USA, Charter Communications and Dish Network, and private equity firm FFL Partners could sell Church’s Chicken.
A holding company owned by KKR-advised funds plans to make a voluntary tender offer for Axel Springer SE, an offer that implies a roughly €6.8 billion ($7.68 billion) equity value for the German publisher, the companies said Wednesday.
French software company Dassault Systèmes, led by Skadden, will snap up life sciences software company Medidata Solutions, advised by Norton Rose Fulbright, in a deal worth $5.8 billion, marking the latest deal to highlight the growing need for data analytics.
PayPal’s $2.2 billion takeover of Swedish competitor iZettle was approved by the U.K.’s antitrust enforcer Wednesday after it found that the merged company would still face significant competition from its rivals.
The Federal Communications Commission took a beating on Tuesday at the Third Circuit for not amassing specific data to track broadcast station ownership by women before loosening its media ownership rules and potentially allowing more industry consolidation.
Investors in a gold mining operation filed a proposed class action in New York federal court Tuesday alleging that $462 million in new mines the company bought in Nevada that were supposed to be lucrative have turned out to be duds, driving down stock prices and losing the company millions.
Westinghouse Electric Co. slapped back at a dismissal bid seeking to relocate a fight over $300 million worth of nuclear reactor equipment from a failed power plant development deal to a South Carolina federal court at a New York bankruptcy court hearing on Tuesday.
For nearly two decades, the Federal Communications Commission has been locked in a running dispute over the proper scope of its media ownership rules, and the case hit another milestone Tuesday with oral arguments at the Third Circuit. Here’s a condensed look at the history of the case and where it stands now.
A proposed $35.5 million deal was made public Tuesday that would settle an investor suit in Delaware Chancery Court against the directors of AGNC Investment Corp. that challenged payments made to and the $562 million purchase of AGNC's management company in 2016.
The Internal Revenue Service again lost arguments to tax $4 million that a Greek mining company accrued after redeeming a U.S. partnership interest when the D.C. Circuit ruled Tuesday that the sale did not result in U.S.-sourced income.
Australia's AGL Energy is showing renewed interest in buying telecommunications firm Vocus, disclosing Tuesday that it is kicking off due diligence on a potential AU$3.02 billion ($2.1 billion) offer after withdrawing an earlier proposal in May.
PayU, a unit of technology investor Naspers, said Tuesday it will pay $165 million to take over financial technology startup Iyzico, adding a Turkish digital payments platform to its existing financial services offerings.
Blank Rome LLP said Tuesday that it has brought on four Katten Muchin Rosenman LLP attorneys as the first on its roster of Chicago partners as the firm opens a new office in the Windy City.
BakerHostetler has brought on a former PwC principal with a wealth of federal and international tax knowledge to lead its international tax team, the law firm recently announced.
Churchill Capital Corp. II, a special purpose acquisition company helmed by a former Citigroup executive, unveiled plans for a $400 million initial public offering Monday less than a year after the debut of a similar Churchill blank-check business.
Wintershall Dea wants to go public in 2020, Fosun International is looking to sell a stake in its fashion business, and Sunnova Energy is planning to go public in an IPO that could value it at upwards of $1 billion.
Swedish private equity firm EQT’s seventh private equity investment fund said Tuesday it agreed to sell Press Ganey to a group of funds managed by Leonard Green & Partners and Ares Management Corp. affiliates, in a deal guided by Simpson Thacher.
Nine states and the District of Columbia moved Tuesday to block Sprint and T-Mobile's plan to merge into a $56 billion mobile giant, filing a Manhattan federal court complaint that says combining two of the nation's four largest carriers would hurt competition, kill 30,000 jobs and drive up prices.
Europe's competition enforcer on Tuesday formally announced it would block a planned joint venture between ThyssenKrupp and Tata Steel over concerns about the automotive and canned food industries, after the companies signaled last month that the review was going south and they would abandon the deal.
The Federal Trade Commission wants more information before it decides whether to sign off on Swiss pharmaceutical company Roche’s $4.8 billion plan to buy gene therapy company Spark Therapeutics.
H&R Block said Tuesday it will shell out $405 million in cash to buy Wave Financial, a small-business-focused financial platform, as it looks to bolster its offerings to small business clients in areas like accounting, payments processing and payroll.
The Federal Communications Commission will defend the most recent relaxation of its media ownership rules at the Third Circuit on Tuesday, squaring off against public interest advocates who say the agency pared back needed safeguards and brushed off ideas to promote diversity in the broadcast business.
Private equity giant Apollo Global has agreed to buy California-based image publishing company Shutterfly for roughly $2.7 billion, the companies said Monday, in a deal steered by Fenwick & West and Paul Weiss.
In "The Jury Crisis," jury consultant and social psychologist Drury Sherrod spotlights the vanishing jury trial, providing a fascinating canary-in-the-coal-mine warning for lawyers, litigants and society at large, says U.S. District Judge Robert Conrad of the Western District of North Carolina.
The 11th hearing in the Federal Trade Commission’s series on competition in the 21st century addressed cross-border cooperation. Rebecca Engrav and Jeremy Keeney of Perkins Coie offer some key takeaways.
The Delaware Court of Chancery's interpretation of an indemnification provision in NASDI Holdings v. North American Leasing is a reminder that seemingly clear language in a purchase agreement can nevertheless be ambiguous, say attorneys at Fried Frank.
As a former general counsel for both public and private companies, my advice to law firm attorneys who want to attract and keep clients is simple — provide certain legal services for free, says Noel Elfant, founder of General Counsel Practice.
The moment an attorney agrees to serve as an escrow agent for a client, the attorney assumes some of the most important obligations in the legal profession. Significantly, these obligations potentially extend to third parties who are not clients, say Scott Watnik and Michael Contos of Wilk Auslander.
With recent technological advances and a broader acceptance of flexible work arrangements, the opportunity for freelance attorneys is greater than ever, as is the value that this freelance workforce can create for companies, says Ben Levi of InCloudCounsel.
Recently, courts have found successor purchasers responsible for their predecessors’ unfunded pension plan withdrawal, increasing the need for employers to proactively address the issue when engaging in asset purchases, say Christopher Humes and Bryce Loveland of Brownstein Hyatt.
While some have suggested that the Delaware Supreme Court's decision in KT4 v. Palantir reaffirms existing case law on books and records requests, the more accurate takeaway is that Delaware law is evolving alongside companies' increasing usage of electronic communications, say Larry Wood Jr. and Adam Orlacchio of Blank Rome.
The current calls to curb the power of Google, Facebook and Amazon recall an earlier time in American history, when the “bigness” of oil, steel and tobacco was front and center in national politics. And in those debates, the top lawyers of the day had a major voice, says John Oller, author of the new book "White Shoe."
Last week's settlement with Stanley Black & Decker is the most recent enforcement action in which the U.S. Treasury Department's Office of Foreign Assets Control appears to be communicating, in uncharacteristically direct terms, heightened compliance expectations for pre- and post-acquisition companies, say attorneys at Ropes & Gray.
The American Bar Association’s antitrust meeting last week covered important merger issues, including international merger control, vertical merger enforcement and concentrated common ownership, say attorneys with Perkins Coie.
The American Bar Association’s antitrust meeting last week featured several sessions with representatives from federal and state antitrust enforcement agencies, and provided signals regarding current and future priorities, say attorneys with Perkins Coie.
The Committee on Foreign Investment in the United States reportedly ordered Chinese technology firm Kunlun to sell its interest in the dating app Grindr, which suggests an increase in scrutiny of foreign investments in U.S. businesses that collect or maintain sensitive personally identifying information, say attorneys with Ropes & Gray.
From unrealistic profit projections to discount rate delusions, financial experts offering testimony on damage awards sometimes go out of bounds. It's important to understand the five flagrant fouls frequently committed by financial experts in the courtroom, say Joseph Galanti and Michelle Gettinger of Grant Thornton.
Last year's Foreign Investment Risk Review Modernization Act ushered in a new era for the Committee on Foreign Investment in the United States. Perhaps the clearest lesson is that a short-form filing with CFIUS often will result in a nondecision by the committee, say Stephen Heifetz and Joshua Gruenspecht of Wilson Sonsini.