In this week’s Taxation with Representation, Dassault buys Medidata for $5.8 billion, Salesforce buys Tableau for $15.7 billion, Apollo snaps up Shutterfly for $2.7 billion and TPG Pace will take over Accel to create an $884 million company.
The last week has seen Citibank, ING and a number of other banks sue Sudan and the country's central bank, a London derivatives broker file an appeal against a rival that's accused it of poaching employees and foreign exchange specialists Monex sue two former workers. Here, Law360 looks at those and other new claims in the U.K.
Lathrop Gage picked up an intellectual property attorney in Chicago, Goodwin Procter bolstered its life sciences practice in Hong Kong and medical device company Shockwave Medical Inc. hired a new general counsel, headlining Law360's latest roundup of personnel moves in the health care and life sciences arena.
Online pet food and supplies retailer Chewy Inc.'s shares soared as they started trading Friday on the New York Stock Exchange, a day after the PetSmart subsidiary said it raised more than $1 billion in an upsized initial public offering led by Kirkland & Ellis.
A New York federal judge unsealed an indictment Wednesday adding three Abraaj Group executives and more than a dozen new claims to a lawsuit over what prosecutors called the "largest collapse of a private equity firm in history."
Alibaba Group has reportedly filed confidential plans to list in Hong Kong, Grupo Argos SA has reached out to Summit Materials about merging, and Patterson-UTI Energy could sell off its pressure pumping business.
A pair of private equity-backed entities on Thursday urged a Delaware federal court to reverse a decision that the company that bought the assets of bankrupt movie studio The Weinstein Co. won’t have to assume the obligations under investment agreements related to a dozen film projects.
DLA Piper added a new finance partner to its Boston office, welcoming an attorney from Morrison & Foerster LLP who aims to grow the finance practice in the Hub for the international firm.
Approval of Orchids Paper Products Co.'s Chapter 11 debtor-in-possession financing has been punted to another day to see if a resolution can be reached to thwart another potential battle with unsecured creditors over a $175 million credit bid submitted from a private-equity-backed lender that is serving as stalking horse bidder.
A Florida law firm and two of its attorneys cost investment firm L2 Capital LLC $4 million through negligently prepared transactional documents with a digital payment services company, along with more money lost in transactions with other businesses, according to a legal malpractice suit filed in federal court Thursday.
Pay4Education, a college finance and budgeting-focused fintech platform, said Thursday it has landed $575,000 in its first funding round that will be used to accelerate product development as the company prepares to launch. Correction: An earlier version of this story misstated the amount that was raised. The error has been corrected.
KKR has inked a deal to sell KCF Technologies to an affiliate of South Korean conglomerate SK Group for 1.2 trillion South Korean won ($1 billion), the private equity company said in a statement released Thursday.
A blank check company backed by TPG Capital said Thursday it will take over slot machine operator Accel Entertainment in a deal valuing the combined entity at $884 million, with Weil Gotshal representing the buyer and Fenwick & West and Much Shelist on the sell side.
The Financial Industry Regulatory Authority recently flexed its power to police crowdfunding websites with a panel's first litigated enforcement action against a funding portal, a move that laid out novel interpretations of the organization’s rules and set up a possible countersuit.
Venture capital-backed cybersecurity startup CrowdStrike Holdings Inc., represented by Davis Polk & Wardwell LLP, saw its shares skyrocket in its trading debut Wednesday, following the company's $612 million initial public offering that priced above its forecast range.
KKR has upped its total investment in real estate loan investor Toorak Capital to $500 million, following a pair of earlier investments in the company, according to an announcement from the companies on Wednesday.
The Mohawk Group, an artificial intelligence-oriented consumer products company, made its market debut Wednesday with shares priced well below the low end of its range in a $36 million initial public offering steered by Paul Hastings.
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.
Cloud-based communication and workflow collaboration platform Symphony Communication Services on Wednesday said it has landed $165 million in funding that will be used to build out its market solutions segment.
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.
Adjust, a provider of analytics and fraud prevention solutions for mobile applications, said Wednesday a slate of new and returning investors led the way on a $227 million funding round as it looks to expand its platform and reach a wider global audience.
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 lead tipster in an insider trading scheme based on Life Time Fitness Inc.'s planned take-private acquisition got sentenced Tuesday to one year and one day in prison.
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.
A recent Law360 article reported on federal judges bemoaning jury trials' nationwide decline, but these laments are unfounded as jury trials have been replaced by better alternatives, says J.B. Heaton of J.B. Heaton Research.
Instead of going to college after high school, I followed in my father’s footsteps and became an electrician. Later I became an electrical engineer, and then an IP attorney. Every twist and turn along the way has made me a better lawyer, says Joseph Maraia of Burns & Levinson.
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.
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.
The qualified opportunity zone program has largely focused on real estate, but private equity funds are uniquely positioned for QOZ investment in operating and startup businesses, as long as funds understand how program requirements may affect deals, say Alexandre Denault and Ira Stechel at Akerman.
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.
After the recent bankruptcy court decision in 1141 Realty Owner, debtors should think twice before assuming that a Southern District of New York bankruptcy filing will allow them to avoid a hefty make-whole premium — notwithstanding the Second Circuit’s 2017 Momentive decision, say Matthew Kelsey and Michael Gocksch of Gibson Dunn & Crutcher LLP.
Last week, three global syndicated lending industry associations established a voluntary framework for loans with terms tied to sustainability performance targets — further developing this fast-growing loan product that was introduced in the United States last year, say Aaron Adams and Yair Galil of Gibson Dunn & Crutcher LLP.
Today, 89 percent of court reporters are women, but I remember sitting behind my steno machine in the '80s and being asked by a judge if I, as a woman, would have the emotional fortitude to work a murder case, says Karen Santucci, chairwoman of the Plaza College court reporting program.
A New York appeals court's decision in Kassover v. Prism has reinforced the state's reputation — established in Koehler v. Bank of Bermuda — as an attractive forum for judgment creditors seeking to execute on debtors' assets held in foreign jurisdictions, says Robert Malatak of Windels Marx Lane & Mittendorf LLP.
The proposal by Sen. Marco Rubio, R-Fla., for a constitutionally mandated nine-justice U.S. Supreme Court does not address any of the well-known problems with the current system — problems that could be solved through a nonpartisan package of reforms, says Gordon Renneisen of Cornerstone Law Group.
The U.S. Supreme Court's unanimous ruling on Wednesday in Obduskey v. McCarthy & Holthus LLP removes nearly all activities taken by creditors seeking nonjudicial foreclosure of liens and mortgages from the ambit of the Fair Debt Collection Practices Act, says John Baxter of Nelson Mullins Riley & Scarborough LLP.