Justice John Paul Stevens wrote over 1,000 opinions in his 34 years on the U.S. Supreme Court, leaving a footprint in the court’s jurisprudence still visible today. Here, Law360 looks back at his most important decisions, from landmark First Amendment cases to those involving the separation of powers.
His critics called him a "liberal activist." His fans? A "liberal icon." But those who worked for Justice John Paul Stevens remember a common law judge who took things one case at a time.
Retired Justice John Paul Stevens, a World War II veteran who became a liberal icon during his more than three decades on the U.S. Supreme Court, died Tuesday at 99, the Supreme Court said.
U.K.-based mobile banking company Curve announced Tuesday that it has secured $55 million in a series B funding round that values the company at $750 million.
Prime US REIT is reportedly paying $1.2 billion for a portfolio of U.S. properties, Muss Development is said to have leased out 42,982 square feet in New York to EmblemHealth, and InvenTrust has reportedly picked up a Florida shopping center from Blackstone for $97 million.
A special purpose acquisition company focused on buying a cannabis-related business closed a $575 million initial public offering in Canada on Tuesday in what is said to be the largest IPO from a blank-check vehicle in Canadian history.
Austrian sensor maker AMS AG on Tuesday said it is no longer pursuing a potential €3.7 billion ($4.1 billion) deal for Freshfields-led lighting maker Osram Licht AG, leaving a roughly €3.5 billion offer by Bain Capital and Carlyle Group as the lone bid on the table.
New Jersey-based property and casualty insurer ProSight Global Inc. on Tuesday set a projected price range for an upcoming Sullivan & Cromwell LLP-led initial public offering that could raise roughly $150 million if the insurer's shares price at the midpoint of that range.
Alumni engagement and career services platform Graduway said Tuesday it landed a $60 million investment from private equity firm K1 Investment Management that was steered by four firms.
Blackstone, led by Clifford Chance, on Tuesday inked a €1.64 billion deal for the European distribution business of building materials group CRH PLC, giving the private equity firm access to the region’s third-largest such platform.
Private equity firm Brookfield Business Partners allegedly used a capital investment in offshore oil company Teekay to depress the company's market value so it could buy a controlling share at a cheap price, a proposed class of investors said Friday.
Charles Schwab is discussing a deal to pay around $2 billion for USAA's wealth management and brokerage units, Blackstone is getting close to snapping up the European distribution arm of building materials company CRH PLC, and Symantec has ended talks to sell itself to Broadcom.
A health care management platform catering to those with chronic illnesses and a genetic testing business on Monday set price ranges for their initial public offerings, setting their sights on market debuts that would take in a combined $280 million at midpoint.
An Electronics for Imaging Inc. investor has filed suit in Delaware Chancery Court seeking access to the digital printing company's records to investigate potential wrongdoing in connection with its planned $1.7 billion sale to an affiliate of private equity firm Siris Capital Group LLC.
Car financing-focused fintech company Lendbuzz said Monday it has secured $150 million in debt and equity financing that it will use to grow its platform, which assesses creditworthiness of those with little U.S. credit history.
Customer data management platform Amperity said Monday it landed $50 million in its latest funding round that will be used to build out its offering to include the financial services, automotive, health care and insurance industries.
With so much mergers and acquisitions news this week, you may have missed several deals announced in recent days, including ones that were helmed by Sidley Austin and Latham & Watkins. Here, Law360 recaps the ones you might have missed.
The Delaware Chancery court threw out part of an investor suit Friday that alleges Siris Capital Group aided software company Xura Inc.'s release of misleading proxy materials as part of a $643 million merger, finding that the allegations were lacking in the exact same ways as those in an earlier shareholder suit.
Ten firms plan to guide nine initial public offerings projected to raise about $2.8 billion during the week of July 15, steering a slew of deals keeping the summer pipeline humming, led by a Chinese streamer looking to raise about $859 million.
The U.S. Securities and Exchange Commission is fighting bids by River North Equity LLC and its sole manager to dodge claims over an alleged $17.8 million stock scheme, saying the private equity firm's trading activities prove it's "not an ordinary trader."
A provider of residential solar energy systems and a health care analytics company on Friday set price ranges for initial public offerings led by Baker Botts and Goodwin Procter, respectively, that could raise about $429 million.
Neil Woodford is mulling selling some or all of his stake in Non-Standard Finance PLC, Clariant is in the home stretch to sell a packaging unit, and Blackstone and the holding company owned by the family behind the Lego brand are considering selling Armacell International.
Autokiniton Global Group, led by Paul Weiss Rifkind Wharton & Garrison LLP, on Friday said it will snap up Lowenstein Sandler LLP client Tower International Inc., which makes structured metal components for the automotive industry, in a $900 million deal.
British advertising and public relations company WPP said Friday it plans to sell a majority of its Kantar data and analytics business to Boston-based private investment firm Bain Capital in a cash deal that values the unit at about $4 billion.
The last week has seen an Allianz unit sue security outsourcers Serco Group and G4S, BGC Brokers continue its legal war against a rival firm accused of poaching traders and a Guernsey fund administrator drag a London borough into court. Here, Law360 looks at those and other new claims in the U.K.
While there is discussion in some quarters about new regulations on commercial legal finance, the hands-off approach taken by the majority of courts and legislatures is an implicit recognition that it is already sufficiently regulated, says Danielle Cutrona of Burford Capital.
The U.S. Securities and Exchange Commission is seeking public comment on whether the definition of an "accredited investor" should be expanded to increase access to private securities placements. The move may be a response to growing complaints that small investors are being shut out of these higher-return offerings, says David Stockton of Kilpatrick Townsend.
The administrative record is very important to federal agency litigation — as showcased in last month's U.S. Supreme Court decision concerning the addition of a citizenship question to the 2020 census — yet there is no set of consistent principles to guide agencies in compiling these official records, say attorneys at WilmerHale.
Since 32 of the 67 decisions issued by the U.S. Supreme Court during its October term cite dictionaries, it’s worth reviewing the opinions to learn which dictionaries the justices consulted and how they used them, say Bruce Wessel and Brian Weissenberg of Irell & Manella.
Although the rate of employment for law school graduates — which had been falling steadily — saw a small increase over the last year, other factors, such as fewer graduates overall and potential future job growth stagnation, temper the good news for those pursuing law degrees, say Tiffane Cochran and Tyler Grimm of AccessLex Institute.
In recent cases like Doshi v. General Cable Corp., plaintiffs attorneys have tried to use company disclosures of government investigations or settlement agreements with regulators to craft private claims for corporate bribery. There are a few things companies might consider to limit their exposure to such claims, say attorneys at DLA Piper.
Amid flush midyear M&A projections, asset purchasers should count on retaining successor liability under federal employment statutes, instead of relying on the rarely upheld three-part liability test to protect them, says Elvira Kras at McDermott.
Leveraging the collective strengths of a diverse workforce is not only the right thing to do, it’s a strategic imperative for any successful firm or business, says Louise Pentland, executive vice president and chief business affairs and legal officer of PayPal.
Divergent outcomes in two recent Delaware Superior Court cases came down to the wording of insurance policies, highlighting coverage issues for private equity directors and officers serving in multiple capacities, say insurance practitioners from Hiscox and Bailey Cavalieri.
Cryptocurrency assets can be hard to value, and none of the valuation methods proposed thus far have been significantly tested in court. To head off possible litigation, companies and investment managers holding crypto assets should be transparent about the valuation methods they use, say Justin Steffen and Michael Perich of Ice Miller.
When a lawyer complains about some workflow inefficiency they are having, the knee-jerk reaction of many firms is to look for a technology-based workaround. This overlooks the importance of human psychology and behavior, which may be the root of the problem, says Ryan Steadman of Zero.
Libin Zhang of Fried Frank discusses key issues that have confronted some practitioners as they advise third-generation opportunity funds to invest in operating businesses.
Legal writing often falls flat not because it’s unorganized, but because it’s technically unsound and riddled with gaffes that cheapen and degrade it. Avoiding the most common mistakes will keep judges interested and, most importantly, make them trust you, says Daniel Karon of Karon LLC.
Through the first half of 2019, the U.S. Department of the Treasury’s Office of Foreign Assets Control strengthened country-based sanctions programs, including those targeting Venezuela and Cuba, and brought a string of aggressive enforcement actions that suggest enhanced compliance program expectations going forward, say attorneys at Ropes & Gray.
The Paris-based Financial Action Task Force recently updated its global guidance for lawyers on how to detect and prevent money laundering and terrorist financing. The 2019 guidance bears structural similarities to the 2008 version, but contains several significant changes, says Kevin Shepherd of Venable.