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Mergers & Acquisitions

  • July 09, 2025

    Globa Terra SPAC Raises $152M To Target Agribusiness Deals

    Special purpose acquisition company Globa Terra Acquisition Corp. began trading Wednesday after pricing a $152 million initial public offering, enabling the vehicle to pursue mergers in the agribusiness or water sectors, represented by Paul Hastings LLP.

  • July 09, 2025

    T-Mobile Tanks DEI Policies To Meet FCC Chair's Goal

    T-Mobile says it will shut down diversity, equity and inclusion programs to align with goals of the Federal Communications Commission's chair as the carrier seeks regulatory approval of two major wireless and fiber deals.

  • July 09, 2025

    LLCP Wraps 7th Flagship Fund With $3.6B In Tow

    Los Angeles-based private equity shop Levine Leichtman Capital Partners, advised by Kirkland & Ellis LLP, on Wednesday revealed that it closed its seventh fund above target after securing over $3.6 billion of investor commitments.

  • July 09, 2025

    Ferguson Braswell Adds Pair Of Corporate Attys In Austin

    Ferguson Braswell Fraser Kubasta PC has added a pair of shareholders who previously practiced at Grable Martin PLLC to its corporate and investment practice in Austin, Texas, strengthening the firm's presence in the city and its global transactional offerings.

  • July 09, 2025

    Hecker Fink Welcomes Longtime Cravath Trial Lawyer In NY

    Hecker Fink LLP announced Wednesday that a longtime Cravath Swaine & Moore LLP attorney known for her work on high-stakes commercial litigation has joined its New York office.

  • July 09, 2025

    Stone And Tile Seller Hits Ch. 11 With $65M In Debt, Sale Plans

    Mosaic Cos., the parent of stone and tile distributors Walker & Zanger and Surfaces Southeast, filed for Chapter 11 protection in Delaware with $65 million of secured debt after it struggled to rebound from pandemic-caused supply chain disruptions.

  • July 09, 2025

    Freshfields Guides Merck's $10B Deal For Verona Pharma

    U.S. biomedical heavyweight Merck said Wednesday that it will buy Verona Pharma for $10 billion to add a drug used to treat lung disease to its portfolio of respiratory therapies.

  • July 08, 2025

    FCC Should Kill Verizon-UScellular Deal, Trade Group Says

    The Rural Wireless Association is not a fan of T-Mobile, Verizon and AT&T's plan to split UScellular between themselves — particularly when it comes to Verizon picking up a hefty share of the phone and internet company's spectrum, the trade group has told the FCC.

  • July 08, 2025

    11th Circ. Rejects Fla. Jurisdiction In $17M Cheese Fraud Case

    The Eleventh Circuit declined Tuesday to revive a lawsuit accusing Savencia Cheese USA LLC and its executives of fraudulently selling two Florida companies a worthless cheese distribution company for $17 million, finding that the presence of deal counsel in Miami is not enough to keep the suit in Florida federal court.

  • July 08, 2025

    Crypto Firm ReserveOne To Go Public Via $1B SPAC Merger

    Crypto asset management firm ReserveOne announced Tuesday that a special purpose acquisition company plans to take it public in a transaction that's expected to bring in more than $1 billion in proceeds as it pursues its novel crypto reserve strategy.

  • July 08, 2025

    Job Site Monster.com OK'd For Swift Ch. 11 Auctions

    A Delaware bankruptcy judge Tuesday signed off on online job search site CareerBuilder + Monster's plans to hold Chapter 11 auctions for its assets next week, approving bid procedures with three separate stalking horses.

  • July 08, 2025

    Team Telecom Backs $3.1B SES-Intelsat Deal, With Conditions

    Team Telecom, an interagency group that advises the FCC on security risks, has said it sees no issue with the agency approving satellite titan SES SA's $3.1 billion plan to buy rival satellite operator Intelsat Holdings, so long as it abides by a few conditions.

  • July 08, 2025

    Gray, Scripps To Seek FCC Waivers Of Local Ownership Rule

    Broadcast giants Gray Media and Scripps are hoping the Federal Communications Commission waives its local ownership rules to let them complete a TV station swap affecting five markets that they say will create duopolies for each company.

  • July 08, 2025

    4 Firms Guide BlackRock's ElmTree Acquisition Deal

    BlackRock Inc. will acquire net lease real estate investment firm ElmTree Funds, which oversees $7.3 billion worth of assets as of March 31, in a deal guided by Skadden Arps Slate Meagher & Flom LLP, Fried Frank Harris Shriver & Jacobson LLP, Sidley Austin LLP and Kirkland & Ellis LLP, BlackRock announced.

  • July 08, 2025

    Prospect Medical Doctor Groups Hit Ch. 11 After Astrana Sale

    About two dozen physician practices linked to bankrupt healthcare company Prospect Medical have filed for Chapter 11 protection in Texas, days after Prospect sold some of the entities' assets to Astrana Health Inc. for $708 million.

  • July 08, 2025

    PE Attorneys Remain Optimistic Despite First-Half Slump

    While many private equity attorneys predicted a booming environment heading into 2025 with President Donald Trump's incoming pro-business administration, uncertainty surrounding tariffs and antitrust regulations has been a hurdle for dealmaking and fundraising, causing an unanticipated slowdown in private equity activity.

  • July 08, 2025

    High Court Allows Trump's Gov't Cuts And Restructuring

    The U.S. Supreme Court on Tuesday ruled the Trump administration can move forward with its plans for large-scale layoffs and reorganizations at various federal departments and agencies, lifting a California federal judge's order that had paused the efforts while a legal challenge continues.

  • July 08, 2025

    Jones Day Adds Ex-FDIC, Treasury Leaders To Financial Team

    Jones Day has expanded its financial markets practice in Washington, D.C., with two new partners who have key experience at financial institutions and regulatory agencies.

  • July 08, 2025

    Soccer Portfolio CEO Claims Fraud Over Failed SPAC Merger

    The owner of a company with a portfolio of soccer clubs has filed suit against two financiers and an associated sports investment company, alleging that, in a complex financing deal, they'd misrepresented the prospects that they could bring his company public via merger with their special purpose acquisition company.

  • July 08, 2025

    Jones Day Helps TopBuild On $810M Progressive Roofing Buy

    TopBuild Corp. will acquire commercial roofing company Progressive Roofing for $810 million in cash, with Jones Day advising TopBuild and Brownstein Hyatt Farber Schreck LLP representing Progressive Roofing and its private equity owner, the companies said Tuesday.

  • July 08, 2025

    Linqto Hits Ch. 11 Amid SEC Probe, Compliance Concerns

    Linqto, a platform that connected investors with pre-IPO startups and other privately held firms, has filed for bankruptcy in Texas amid an investigation by the U.S. Securities and Exchange Commission and internal concerns over its compliance with securities laws.

  • July 08, 2025

    CMA Weighs Probe Of Greencore's £1.2B Bid For Bakkavor

    The U.K. antitrust watchdog said Tuesday that it is taking soundings about whether to launch an investigation into Greencore Group PLC's proposed £1.2 billion ($1.6 billion) acquisition of rival Bakkavor Group PLC, a British convenience food maker.

  • July 07, 2025

    Credit Suisse Can't Ditch Bondholder's UBS Merger Suit

    A New York federal judge Monday rejected Credit Suisse's bid to escape investor litigation alleging it concealed the impact of quarterly losses and the bank's inability to retain clients leading up to its takeover by UBS AG while certifying a class of investors and consolidating two cases for pretrial proceedings.

  • July 07, 2025

    Meta Seeks Exhibit Protections As Del. Privacy Trial Looms

    An attorney for social media giant Meta Platforms Inc. sought Delaware Court of Chancery approval Monday for document and exhibit public display protections during an eight-day trial set to start July 16 on stockholder claims alleging more than $8 billion in settlement and litigation cost damages dating to 2012.

  • July 07, 2025

    Fanatics Told To Give Panini Licensing Docs In Antitrust Case

    A New York federal court said Monday that Fanatics Inc. must turn over unredacted versions of its licensing deals with major sports leagues and player associations that are at the heart of Panini America Inc.'s case accusing Fanatics of monopolizing the sports trading card market.

Expert Analysis

  • Attacks On Judicial Independence Tend To Manifest In 3 Ways

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    Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University.

  • A Look At Texas Corp. Law Changes Aimed At Dethroning Del.

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    Seeking to displace Delaware as the preferred locale for incorporation, Texas recently significantly amended its business code, including changes like codifying the business judgment rule, restricting books and records demands, and giving greater protections for officers and directors in interested transactions, say attorneys at Fenwick.

  • Series

    Law School's Missed Lessons: Appreciating Civil Procedure

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    If you’re like me, law school’s often complex and theoretical approach to teaching civil procedure may have contributed to an early struggle with the topic, but when seen from a practical perspective, new lawyers may find they enjoy mastering these rules, says Chloe Villagomez at Foster Garvey.

  • Calif. Bar Exam Fiasco Shows Why Attys Must Disclose AI Use

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    The recent revelation that a handful of questions from the controversial California bar exam administered in February were drafted using generative artificial intelligence demonstrates the continued importance of disclosure for attorneys who use AI tools, say attorneys at Troutman.

  • The State Of Play For Bank Merger Act Applications

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    Both the Office of the Comptroller of the Currency's recent reversal of changes to its bank merger policies and the Federal Deposit Insurance Corp.'s rescission of its 2024 statement may be relevant for all banks considering a transaction, as responsibility for review depends on the identity of the parties and the transaction structure, say attorneys at Davis Polk.

  • Del. Corporate Law Rework May Not Stem M&A Challenges

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    While Delaware's S.B. 21 introduced significant changes regarding controllers and conflicted transactions by limiting what counts as a controlling stake and improving safe harbors, which would seem to narrow the opportunities to challenge a transaction as conflicted, plaintiffs bringing shareholder derivative claims may merely become more resourceful in asserting them, say attorneys at Debevoise.

  • Synopsys-Ansys Merger Augurs FTC's Return To Remedies

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    The Federal Trade Commission's recent approval of $35 billion merger between Synopsys and Ansys, subject to the divestiture of certain assets, signals a renewed preference for settlements over litigation, if the former can preserve competition and a robust structural remedy is available, say attorneys at Simpson Thacher.

  • In 2nd Place, Va. 'Rocket Docket' Remains Old Reliable

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    The U.S. District Court for the Eastern District of Virginia was again one of the fastest civil trial courts in the nation last year, and an interview with the court’s newest judge provides insights into why it continues to soar, says Robert Tata at Hunton.

  • Operating Via Bank Charter Offers Perks Amid Industry Shift

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    As bank regulators become more receptive to streamlining barriers that have historically stood in the way of de novo bank formation, and as fintechs show more interest in chartering, attorneys at Goodwin outline the types of charters available and their benefits.

  • How Attorneys Can Become Change Agents For Racial Equity

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    As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Law School.

  • Series

    Running Marathons Makes Me A Better Lawyer

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    After almost five years of running marathons, I’ve learned that both the race itself and the training process sharpen skills that directly translate to the practice of law, including discipline, dedication, endurance, problem-solving and mental toughness, says Lauren Meadows at Swift Currie.

  • 5 Ways In-House Counsel Can Stay Ahead Of New HSR Rules

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    Now that the Trump administration’s new Hart-Scott-Rodino Act rules have been in effect for several months, in-house counsel should consider several practice pointers that can help spearhead management of M&A-related antitrust risk, say attorneys at Squire Patton.

  • Series

    Law School's Missed Lessons: Supporting A Trial Team

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    While students often practice as lead trial attorneys in law school, such an opportunity likely won’t arise until a few years into practice, so junior associates should focus on honing skills that are essential to supporting a trial team, including organization, adaptability and humility, says Lucy Zelina at Tucker Ellis.

  • Recent Complex Global Deals Reveal Regulatory Trends

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    An analysis of six complex global deals that were completed or abandoned in the last year suggests that, while such deals continue to face significant and lengthy scrutiny across the U.S, U.K. and European Union, the path to closing may have eased slightly compared to recent years, say attorneys at Weil.

  • Series

    Adapting To Private Practice: From US Attorney To BigLaw

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    When I transitioned to private practice after government service — most recently as the U.S. attorney for the Eastern District of Virginia — I learned there are more similarities between the two jobs than many realize, with both disciplines requiring resourcefulness, zealous advocacy and foresight, says Zach Terwilliger at V&E.

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