Blackstone Real Estate Income Trust has reportedly landed a $257 million CMBS loan for hotels in Florida, California, Massachusetts and beyond, Broward Health is said to be seeking to buy a Florida property from Wells Fargo, and an Elion Partners venture is said to have bought a New York residential and retail portfolio for $83 million.
European venture capital firm Forbion Capital Partners on Monday said it has closed its fourth life sciences venture capital fund at €360 million ($417 million), nearly three months after the oversubscribed fund's first close at €270 million.
Technology and industrial conglomerate Honeywell International Inc. said Monday it will pay €425 million ($492 million) to buy German warehouse automation business Transnorm from investment firm IK Investment Partners, with Hogan Lovells steering the buyer.
A former Bryan Cave Leighton Paisner LLP partner has joined Seyfarth Shaw LLP as a partner in its Chicago office, where he will help lead the firm’s new push into international corporate law.
With D.C. Circuit Judge Brett Kavanaugh’s fate as the ninth justice still hanging in the balance, the U.S. Supreme Court kicks off its new term Monday without a case of blockbuster proportions. But there are several bread-and-butter business issues filling out the docket.
A New York federal judge on Friday dismissed CVR Energy Inc.'s malpractice claim against Wachtell Lipton Rosen & Katz stemming from $37 million in bank fees incurred by the company in connection with Carl Icahn's 2012 takeover, saying CVR hasn't shown the firm's conduct fell below the applicable standard of professional care.
An Indiana federal judge has dismissed insider trading claims against 18 private equity firms but otherwise left intact a proposed investor class action alleging medical device manufacturer Zimmer Biomet knowingly concealed compliance issues at a key factory that, when disclosed, led to substantial stock drops.
A Delaware bankruptcy judge Thursday found the liquidator running store closing sales for furniture retailer Heritage Home Group LLC is not an auctioneer and does not need to be treated as a professional under the Bankruptcy Code.
Increased competition for assets has led to a crowded private equity landscape in which deal values are shooting sky high and the importance of finding an edge over competing buyers is more important than ever, underscoring the need for attorneys capable of positioning their PE client as the most attractive in a sea of suitors.
Corporate messaging software startup Slack Technologies is readying an IPO for the first half of next year, chicken and biscuits chain Bojangles could be up for grabs, and multiple private equity suitors have expressed interest in a major investment in Indian conglomerate Shriram Group.
A private equity backer of ArcLight Energy Partners Fund V wants to take Houston-based American Midstream Partners private in a deal that values the pipeline company at $323.1 million, Arclight announced Friday.
AnaCap Financial Partners LLP has picked up €225 million ($261.2 million) worth of loan portfolios that are tied to properties in Italy, the private equity firm announced Friday.
With so much mergers and acquisitions news this week, you may have missed several deals announced in recent days helmed by firms such as King & Spalding LLP and Willkie Farr & Gallagher LLP. Here, Law360 recaps the ones you might have missed.
In this week’s Taxation with Representation, Sirius XM bought Pandora Media for $3.5 billion, Michael Kors Holdings bought Versace for $2.12 billion, a Digital Realty Trust subsidiary bought Ascenty Holdings for $1.8 billion, and Consolidated Edison bought a U.S. renewable energy unit from Sempra Energy for $1.5 billion.
A Delaware bankruptcy judge on Thursday approved the Chapter 11 sale of bankrupt restaurant chain Real Mex to stalking horse bidder Z Capital Group for roughly $47 million after an auction was canceled because no other offers were submitted.
Cognizant is discussing a deal to buy Softvision, Goldman Sachs and JP Morgan have earned a spot on Perella Weinberg Partners’ initial public offering, and Grab is considering selling a large stake in its Thai unit to retailer Central Group.
Greenberg Traurig LLP has added Petros "Peter" Tsirigotis as a shareholder in its Washington, D.C., and New York City offices, expanding its corporate and investment funds practices, the firm has announced.
A former venture capital fund investor who accused other members of drastically shorting his exit payout following a 2016 downsizing was awarded nearly $3.8 million — more than eight times higher than his original offer — in a Delaware Chancery Court order approved on Thursday.
The U.S Securities and Exchange Commission sued Tesla CEO Elon Musk on Thursday in New York federal court for allegedly making a baseless assertion last month that he was prepared to take his company private at a significant premium to its stock price at the time.
After it seemed the Chapter 11 sale of diabetes patient monitoring company ActiveCare Inc. to stalking horse bidder Telcare Inc. was ready to be finalized Thursday, a Delaware judge delayed signing off on an order until parties could work out details related to potential cure claims.
The newly enacted Foreign Investment Risk Review Modernization Act significantly expands the authority of the U.S. government to review and restrict foreign investments on national security grounds. But FIRRMA also has provisions that may exempt some transactions from review, and accelerate review of others, say Jeffrey Bialos and Mark Herlach of Eversheds Sutherland LLP.
Earlier this month, the IRS finally released proposed regulations under the bonus depreciation provisions of the Tax Cuts and Jobs Act. The guidance provides long-awaited clarification on the availability of 100 percent bonus depreciation to partnership basis adjustments, say attorneys at O'Melveny & Myers LLP.
The Foreign Investment Risk Review Modernization Act empowers the U.S. government to review a far broader group of transactions than ever before to determine if they threaten national security. FIRRMA's expansive new coverage includes oversight of real estate investments and transfers of "emerging and foundational technologies," say Jeffrey Bialos and Mark Herlach of Eversheds Sutherland LLP.
Full and accurate disclosure of information by a corporation to its stockholders is a basic component of obtaining consent to mergers and other fundamental transactions. But the Delaware Supreme Court's decision in Morrison v. Berry is a stark reminder that implementing adequate disclosures is easier said than done, say Marc Casarino and Lori Smith of White and Williams LLP.
Across the country this fall, recent law school graduates, law firm associates and experienced professionals will interview for positions in private practice and government service. Sharing tips on how to stand out in this high-pressure, hypercompetitive process are Eileen Decker, former U.S. attorney for the Central District of California, and Keith Jacoby, co-chairman of Littler Mendelson PC’s class action practice group.
Justice Ruth Bader Ginsburg joined the U.S. Supreme Court 25 years ago and is not planning to retire anytime soon — she has hired clerks through 2020. What's it like to assist Justice Ginsburg? In this series, former clerks reflect on the experience.
It had never occurred to me that judges don’t always love the way their appellate cousins review their work and tell them — in public — all the things they got wrong. I was frequently struck by Justice Ruth Bader Ginsburg’s acute awareness of the delicacy of this relationship, says attorney David Post.
The effects of last year’s tax overhaul, the most significant since 1986, have not been as drastic as some expected. Still, taxpayers have begun to adjust and a number of significant trends are emerging, say Nickolas Gianou and Sally Thurston of Skadden Arps Slate Meagher & Flom LLP.
As a clerk for Justice Ruth Bader Ginsburg, my job was to mirror my boss’ views and values in everything I did. Years later, I find that I am still striving to live up to the values Justice Ginsburg instilled in me, as both a lawyer and a spouse, says Burden Walker, an assistant U.S. attorney for the District of Maryland.
Justice Ruth Bader Ginsburg is everything she is cracked up to be — feminist icon, brilliant jurist, fierce dissenter. She is also an incredible boss, mentor and friend. Her advice has shaped how I have tried to balance building a career and raising children, says Rachel Wainer Apter, counsel to the New Jersey attorney general.