Veritas Capital and Elliott Management affiliate Evergreen Coast Capital said Monday they will take Massachusetts-based Athenahealth private for $5.7 billion in cash, a deal that follows pressure from the activist hedge fund.
Germany’s SAP SE, led by Jones Day, on Sunday inked an $8 billion cash deal for Qualtrics International Inc., snapping up the U.S.-based experience management software provider ahead of an anticipated initial public offering.
A Ninth Circuit panel on Friday affirmed a district judge’s decision to toss an artificial intelligence startup’s contentiously fought trade secrets case against its former CEO that escalated to an attorney spilling — or perhaps throwing — an iced coffee, saying the judge didn’t abuse his discretion.
Facebook Inc. announced Friday that it will no longer make its workers who claim they have been sexually harassed arbitrate their claims, following Google LLC, which made a similar announcement on Thursday.
A British advocacy group is urging European privacy regulators to investigate Equifax, Oracle, Acxiom and several other data brokers and ad-tech companies for allegedly exploiting millions of people's personal data in violation of the bloc's stringent General Data Protection Regulation.
Inventors who reassign their rights in a patent may still subsequently challenge the validity of the intellectual property’s claims in reviews before the Patent Trial and Appeal Board, the Federal Circuit held Friday in a case involving a Cisco patent covering Ethernet switch products.
A 10-year Tesla compensation plan offering founder and CEO Elon Musk as much as $55.8 billion cannot avoid Delaware Chancery Court’s tough entire fairness review standards, despite director claims that more-permissive standards apply, an investor who challenged the deal argued Friday.
Comments poured in Friday at the Trump administration's deadline for weighing in on the Commerce Department's privacy regime, with trade groups calling for uniform standards and consumer advocates pushing for a baseline federal privacy law.
The Federal Circuit on Friday affirmed Patent Trial and Appeal Board decisions that invalidated claims in three United Technologies Corp. patents covering aircraft engines, handing another win to General Electric Co. in the rivals’ patent fight.
Good Technology Corp. stockholder beneficiaries of a $52 million pair of Delaware Chancery Court settlements over the company’s disputed sale to BlackBerry Ltd. have agreed to hold back $5.1 million from distributions pending resolutions with large investors excluded from the deal.
BlackBerry is discussing a deal to buy Cylance Inc., Permira wants to sell off Teraco Data Environments, and Archer Daniels Midland floated a deal to buy Molinos Agro’s livestock feed and soy oil manufacturing plant.
Uber Technologies Inc. was fined $750,000 by the California Public Utilities Commission on Thursday because the ride-hailing giant failed to investigate or promptly suspend drivers suspected of driving under the influence.
German automakers BMW and Daimler were given the green light by the European Commission to merge their car-sharing, ride-hailing and other mobility services, provided they make concessions to allay the watchdog’s concerns about a potential monopoly in six cities.
Panasonic Corp. and three other electronics companies have cut four separate deals totaling $25.75 million that would resolve putative class claims alleging they fixed the price of linear resistors used in common electronic devices, according to documents filed Thursday in California federal court.
The Federal Communications Commission is interested in keeping its net neutrality deregulation order on the books as it navigates D.C. Circuit challenges to the regime, but it’s not necessarily seeking a broader ruling that its approach is the only permissible way to classify broadband, the agency's general counsel told a Washington, D.C., audience Friday.
Hewlett Packard Enterprise Co. has been sued in California state court for allegedly discriminating against its female workers, paying them less than their male counterparts and funneling women into jobs based on stereotypes.
An insurance company has asked a California federal court to grant a quick win in its suit against a policy-holding photography company because exclusions in the coverage mean it doesn't have to pay for a drone incident at a wedding shoot during which a guest lost an eye.
The parent company of American electric vehicle startup Faraday Future has filed suit in California federal court seeking to confirm an arbitration award affirming its right to find alternative financing after a Hong Kong-based investor shirked its obligation to make a payment partway into a $2 billion agreement.
Pittsburgh-based Idelic, which specializes in software aimed at improving transportation safety, has closed a $2 million round of financing led by Bain Capital Ventures and overseen by Pepper Hamilton LLP, the firm announced Friday.
Sonus Networks and its executives were hit with an investor suit in Massachusetts federal court Thursday for allegedly stretching financial statements to overstate revenue forecasts after the company and two of its officials were fined by the U.S. Securities and Exchange Commission.
The new Democratic House majority is expected to direct much of its attention to executive branch oversight and accountability. Companies and their legal counsel should be prepared for a dramatically changed collateral environment as investigations cover a wide range of topics, say attorneys at WilmerHale.
In this series featuring law school luminaries, Yale Law School lecturer and Pulitzer Prize-winning reporter Linda Greenhouse discusses her coverage of the U.S. Supreme Court, the conservatives' long game and trends in journalism.
Attorneys should think beyond the Veterans Day parades and use their time and talents to help the many veterans facing urgent legal issues, says Linda Klein of Baker Donelson Bearman Caldwell & Berkowitz PC.
Because blockchain could fundamentally change how electricity is supplied and consumed in the future, traditional utilities should consider ways to leverage this technology, while regulators must update practices that impede the use of blockchain in the industry, say attorneys at Sheppard Mullin Richter & Hamilton LLP.
The decision last month by Baker McKenzie’s global chairman to step down due to exhaustion indicates that the legal profession needs to mount a broader wellness effort to address long hours, high stress, frequent travel and the daily demands of practice, says Leesa Klepper, director of Thrivewell Coaching.
The IRS has increased scrutiny for Internal Revenue Code Section 199 deductions taken against profits from film, computer software, electricity, natural gas, potable water, tangible personal property and certain sound recordings. Though 199 was repealed by tax reform, battles over this contentious deduction are sure to continue for some time, say attorneys at McDermott Will & Emery LLP.
California Assembly Bill 1184, passed in September, authorizes a new tax on privately owned autonomous vehicles. This is likely the first of many pieces of similar legislation across the nation as policymakers grapple with the impact of automated technology on the economy and the job market, says Benjamin Ebbink of Fisher & Phillips LLP.
Companies in mining and other industries are seeking to demonstrate the sustainability and ethical integrity of their products and supply chains. Because of its ability to improve transparency and accountability through incorruptible data sharing, blockchain may be ideal for this purpose, say attorneys with White & Case LLP.
Next month, the Supreme Court of Canada will hear Godfrey v. Sony Corporation, which could be one of the most important antitrust cases to ever come before the court. The decision on "umbrella purchasers" will determine the viability of some future Canadian antitrust class actions, says Mohsen Seddigh of Sotos LLP.
It appeared from the U.S. Supreme Court arguments in Frank v. Gaos that the majority of the court would approve 100 percent cy pres settlements, but under extremely limited circumstances, says Irving Scher of Hausfeld.