A new private equity-backed professional lacrosse league burst onto the scene Monday with plans to begin play next year and have games shown on NBC Sports in a partnership with the network as media companies continue to rely on live sports content, particularly as they add new over-the-top streaming platforms.
The parent company of French retail chain Casino has received a €283 million ($326 million) offer for its Courir sport shoe brand from private equity firm Equistone, according to Monday press releases from both sides of the deal.
Camping World and its directors misled investors about its financial performance and the success of a recent acquisition, paving the way for an insider selling scheme at the reality star-helmed recreational vehicle retailer ahead of a stock drop, according to a proposed class action filed in Illinois federal court Friday.
O2 is reportedly pausing its £10 billion ($13 billion) initial public offering, Precision Motion Industries Inc. has seen bids from Japanese Apple Inc. supplier Nidec Corp. and Schaeffler AG, and Constellation Brands Inc. wants to sell some domestic wine brands.
A Florida bankruptcy judge granted approval Friday for the $19.5 million sale of a trove of artifacts recovered from the Titanic shipwreck to a consortium of hedge funds at a recent bankruptcy auction.
Sidley Austin LLP has guided asset manager Z Capital Partners LLC and casino company Affinity Gaming in their $133 million unsolicited takeover bid announced Monday for the acquisition of gaming facilities owner-operator Full House Resorts Inc., the law firm said.
Investcorp did not renege on investment promises when it pulled client funds out of its strategic partner ahead of the partner's collapse, the investment advisory firm argued in a New York federal court in its bid to escape a “nonsensical” $100 million negligent misrepresentation suit.
Italy’s Fiat Chrysler, led by Sullivan & Cromwell LLP, will part ways with Magneti Marelli in a €6.2 billion sale to an affiliate of private equity-backed Calsonic Kansei to create the seventh-largest global independent automotive parts supplier, according to a Monday statement.
London-based Queensgate Investments LLP said on Monday that it has acquired the 97,000-square-foot Courtyard by Marriott International in Washington, D.C., for $54.1 million in a deal that was guided by Brown Rudnick LLP and Ernst & Young.
Since co-founding Ascendant Compliance Management more than a decade ago, former employment litigator Keith Marks has worked as the compliance consulting firm's general counsel and executive director, and his story shows that there are alternate paths lawyers can take to a successful career.
An affiliate of private investment firm ITE Management LP, steered by Willkie Farr & Gallagher LLP, has agreed to take over American Railcar Industries Inc., which was advised by Thompson Hine LLP, Brown Rudnick LLP and White & Case LLP, in a deal with an enterprise value of roughly $1.75 billion, the companies said Monday.
HgCapital LLP, with help from Proskauer Rose LLP, has clinched a £1.5 billion ($1.94 billion) fund that will focus on investments in European software companies with enterprise values of at least £1 billion, the private equity firm said on Monday.
Goodwin Procter LLP has added two former Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP attorneys as partners to its technology companies practice in San Francisco, the firm has announced.
A software company, a genome editing company and an electric scooter manufacturer priced initial public offerings late Thursday that raised a combined $508 million, with help from DLA Piper, Ropes & Gray LLP and Skadden Arps Slate Meagher & Flom LLP.
Eight law firms are set to steer five initial public offerings estimated to raise more than $1.6 billion during the week of Oct. 22, potentially helping five companies spanning the fintech to biotechnology industries go public, assuming the recently choppy stock market cooperates.
Swiss Re discussed investing in Anbang Insurance Group Co., the Canada Pension Plan Investment Board is getting ready to bid for a stake in Gatwick Airport, and Nestle has tapped advisers related to a potential deal to sell its skincare business.
The Ritz-Carlton Kapalua, a luxury oceanfront hotel on a 49-acre property in Maui, Hawaii, has sold for an undisclosed price to Blackstone Real Estate Partners, according to joint venture partners Ares Management LLC, SMW Hospitality LLC and Trinity Real Estate Investments LLC.
With so much mergers and acquisitions news this week, you may have missed several deals announced in recent days helmed by firms such as Goodwin Procter LLP and Fried Frank Harris Shriver & Jacobson LLP. Here, Law360 recaps the ones you might have missed.
San Diego-based precision oncology company TP Therapeutics, which makes drugs aimed at addressing treatment resistance, said Friday that it completed an $80 million round of mezzanine financing led by life sciences investment firms Foresite Capital and venBio Partners.
Energy-focused special purpose acquisition company Sentinel Energy Services Inc. has agreed to buy Strike Capital LLC, the parent company of a North American infrastructure business, and create a publicly traded company that will have a total enterprise value of approximately $854 million in a deal that was guided by Winston & Strawn LLP and Jones Day.
Notwithstanding protectionist trends on both sides of the Pacific, there continues to be high levels of interest from Chinese investors looking to invest in U.S. companies and vice versa. Charles Comey and Jim Ryan of Morrison & Foerster LLP discuss the new regulatory challenges facing these deals.
The process of applying for litigation financing isn’t difficult, but few do it right the first time. Following five steps in your application process will help make sure litigation funders are convinced of the value of your company's legal claims, says Molly Pease of Curiam Capital LLC.
In an era when law firms are fighting for business and clients can dictate the terms of the relationship, "value" has become a moving target. Firms that take a proactive approach by using strategies designed to articulate value over time will gain the competitive advantage, says Dan Tacone at Intapp Inc.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Pier D'Angelo, chief pricing and practice officer at Allens.
The insider trading action against certain Fortress securities traders is one more example of the U.S. Securities and Exchange Commission relying upon analytical data to pursue what may be suspicious activity. But a New Jersey federal court's recent decision in the case reinforces that suspicious trades are not enough, say attorneys with DLA Piper.
The Committee on Foreign Investment in the United States has announced a pilot program to review noncontrolling foreign investments in certain U.S. industries that were formerly outside the scope of its jurisdiction. This is a rapid assertion of CFIUS' new powers under the Foreign Investment Risk Review Modernization Act, say attorneys with Ropes & Gray LLP.
In the two years since the American Bar Association's controversial anti-discrimination and harassment rule, only one state has adopted it, while numerous state supreme courts, state attorneys general and legal groups have correctly rejected Model Rule 8.4(g) as a threat to lawyers' First Amendment rights, says Bradley Abramson, an attorney with Alliance Defending Freedom.
In the aftermath of Justice Brett Kavanaugh's confirmation, the U.S. Supreme Court should decline review of the nation's most polarizing political questions unless and until the questions become time-sensitive, says Alexander Klein, head of the commercial litigation group at Barket Epstein Kearon Aldea & LoTurco LLP.
In this series featuring law school luminaries, Boston College Law School professor Kent Greenfield reflects on his corporate law theories, his legal battle with the Pentagon over free speech and gay rights, and important constitutional law issues to watch out for.
Private equity and hedge funds are under greater compliance scrutiny and, as a result, increased regulatory and legal exposure. The responsibilities of board members are not limited to investment performance monitoring — regulators are moving up the corporate ladder to identify wrongdoing, says Bart Schwartz of Guidepost Solutions LLC.