3 Firms Advise As Home Depot Unit Scoops Up GMS For $5.5B

By Al Barbarino

The Home Depot-owned trade distribution subsidiary SRS Distribution Inc. will acquire building products distributor GMS Inc. in a $5.5 billion deal, inclusive of debt, the companies announced Monday. 

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Cooley Advises Capstan In Sale To AbbVie Worth Up To $2.1B

By Rae Ann Varona

Pharma giant AbbVie Inc. announced Monday that it would pay up to $2.1 billion to acquire cell therapy developer Capstan Therapeutics Inc., which Cooley LLP is advising in the deal aimed at further advancing care for people with autoimmune diseases.

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Hyatt Selling Playa Real Estate Portfolio For $2B

By Al Barbarino

Hyatt Hotels Corp. said Monday it has agreed to sell the real estate portfolio owned by Playa for $2 billion to Tortuga Resorts — a joint venture between an affiliate of private equity firm KSL Capital Partners and resort and hospitality company Rodina.

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Chancery OKs $19.25M Settlement In Weber Squeeze-Out Suit

By Jeff Montgomery

Grillmaker Weber Inc. public stockholders secured an up to 87-cents-per-share boost Monday over the company's purportedly unfair, $3.7 billion take private sale, when the Delaware Court of Chancery approved a $19.25 million mediated settlement.

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Catching Up With Delaware's Chancery Court

By Sydney Price

Delaware's Supreme Court was kept busy this past week with litigants' attempts to challenge its previous decisions, as well as those of Delaware's Court of Chancery, which included an argument that the state's high court incorrectly ruled in favor of energy company Boardwalk Pipeline Partners LP by rejecting the Chancery's decision upholding class claims branding the call-in of public shares unfair. In case you missed it, here's the latest from the Delaware Chancery Court.

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Justices Rebuff American Airlines' Bid To Revive JetBlue Pact

By Linda Chiem

The U.S. Supreme Court on Monday rebuffed American Airlines' bid to revive its codeshare agreement with JetBlue in Boston and New York.

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UK Opens Probe Into Boeing's $4.7B Deal For Spirit Aero

By Najiyya Budaly

Britain's antitrust authority said Monday that it has opened a formal probe into Boeing's planned $4.7 billion deal to buy aircraft parts maker Spirit AeroSystems to consider whether it could harm competition in U.K. markets.

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White & Case-Led CVC, Tabreed To Buy PAL Cooling For $1B

By Dawood Fakhir

Private equity giant CVC Capital Partners said Monday that its infrastructure investment arm CVC DIF has teamed up with Tabreed, an Abu Dhabi-based cooling company, to acquire PAL Cooling from Multiply Group for approximately 3.8 billion UAE dirhams ($1 billion).

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4 Firms Build $112.7M Take-Private Of Big 5 Sporting Goods

By Jade Martinez-Pogue

Big 5 Sporting Goods Corp. on Monday announced plans to go private after being bought by a partnership that includes Worldwide Golf and Capitol Hill Group in an all-cash deal that was built by four law firms and is valued at roughly $112.7 million.

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Military Tech Giant To Buy UK Comms Maker For Up To £20M

By Tom Fish

Chemring said Monday it has agreed to acquire Landguard Nexus Ltd., a U.K. manufacturer of communications systems, in a deal worth up to £20 million ($27 million), as the defense technology company eyes growing its product portfolio.

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Hong Kong's IPO Surge Creates More Competition For US

By Tom Zanki

Hong Kong led global exchanges on new listings for operating companies in the first half of 2025, partly benefiting from a U.S.-China rift that is prompting more mainland China companies to seek secondary listings in Hong Kong, according to new data released on Monday.

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Biotech Co. Stockholders Reach $32M Merger Suit Deal In Del.

By Katryna Perera

Former stockholders of Emisphere Technologies told the Delaware Chancery Court they have reached a $32 million settlement to resolve their suit challenging the $1.8 billion sale of the biotechnology company to Novo Nordisk A/S.

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Judge Urges DOJ, Assa Abloy To Reach Deal On Extension

By Matthew Perlman

A D.C. federal court urged the U.S. Department of Justice and Assa Abloy on Monday to reach an agreement over a request from Fortune Brands Home & Security to extend a supply agreement that was part of a 2023 merger settlement.

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Baker McKenzie Hires Consumer Protection Prosecutor In DC

By Jack Rodgers

An 18-year veteran of the U.S. Department of Justice's Consumer Protection branch has left the agency to join Baker McKenzie LLP's Washington, D.C., office, where he'll work with a former colleague who was recently named leader of the practice group he is now joining, the firm announced Monday.

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Series

Adapting To Private Practice: From US Rep. To Boutique Firm

My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.

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Trump Admin Appeals Perkins Coie Case To DC Circ.

By Daniel Connolly

The Trump administration announced in D.C. federal court on Monday that it's not giving up on its effort to punish Perkins Coie LLP through an executive order, even after losing four court rulings that found its actions in this and three similar cases are unconstitutional.

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Dunn Isaacson Now In NY, Calif. With Latest Paul Weiss Hires

By Alison Knezevich

Two more litigators from Paul Weiss Rifkind Wharton & Garrison LLP who have represented top technology companies and other clients in court battles have joined Dunn Isaacson Rhee LLP.

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Seyfarth Lands 22 Transactional Attys From Morris Manning

By Tracey Read

Seyfarth Shaw LLP announced Monday that it has added a 22-lawyer transactional team from Morris Manning & Martin LLP, including 11 partners in the real estate, corporate and employee benefits groups, while the latter firm indicated it's in talks to expand its ranks.

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Trump Administration Says Harvard Violated Civil Rights Law

By Chris Villani

The Trump administration on Monday informed Harvard University that it had run afoul of federal civil rights law by failing to protect Jewish and Israeli students on campus from harassment, and threatened to cut all funding from the nation's oldest university.

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Fox Rothschild Beats RICO Suit From 2 Former Clients

By Rose Krebs

A New Jersey federal judge has tossed federal racketeering and state law claims lodged against Fox Rothschild LLP by two former clients who accused the firm of "knowingly and willfully robbing their immigration clients."

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Justices To Review Persecution Standard In Immigration Appeal

By Britain Eakin

The U.S. Supreme Court on Monday agreed to look at whether the First Circuit was right to give deference to the Board of Immigration Appeals' conclusion that a Salvadoran family failed to show it suffered persecution back home and is therefore ineligible for asylum.

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Tillis Doesn't Plan Roadblocks On Judiciary Nominations

By Courtney Bublé

Following his announcement on Sunday that he won't be seeking reelection, Sen. Thom Tillis, R-N.C., a member of the Senate Judiciary Committee who previously sank President Donald Trump's nominee for U.S. attorney for the District of Columbia, told Law360 on Monday that his approach to judiciary nominations won't change.

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High Court Takes GOP Challenge To Election Spending Limits

By Carolyn Muyskens

The U.S. Supreme Court on Monday said it would review caps on how much political parties can spend on elections in coordination with candidates in a case brought by Vice President JD Vance and Republican organizations.

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Analysis

Supreme Court May Shape Future Of ISP Liability In Cox Case

By Ivan Moreno

The U.S. Supreme Court's decision Monday to take on a $1 billion battle between major music publishers and Cox Communications Inc. could set new liability boundaries for internet service providers that have faced significant damages for allegedly not curbing users who repeatedly download songs illegally.

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Calif. Panel Chides Attys Who Hid Opponent's Inactive Status

By Emily Sawicki

In a precedential ruling, a California appellate panel found a party whose counsel's license was made inactive should have been treated as though the attorney had died or been suspended, overturning a $70,000 fee award levied against a woman who was not informed that her lawyer was inactive.

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Roundup

4 Arguments Sessions Bias Attys Should Watch in July

By Amanda Ottaway

The Third and Sixth Circuits are scheduled to hear a quartet of oral arguments in July as a fired bus driver, professor, human resources executive and school dean each plan to argue that their terminations violated federal anti-bias law. Here, Law360 looks at those cases. 

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