极速赛车

Abu Dhabi Oil Unit, Carlyle Offer To Buy Santos In $18.7B Deal

By Jade Martinez-Pogue

Global energy company Santos Ltd., advised by Herbert Smith Freehills Kramer, on Monday confirmed that it received a roughly $18.7 billion non-binding takeover offer from a consortium led by a subsidiary of Abu Dhabi National Oil Company.

Read full article » | Save to favorites »

Covington-Led Eaton Nabs Ultra PCS In $1.55B Deal

By Jade Martinez-Pogue

Covington & Burling LLP-advised power management company Eaton on Monday unveiled plans to buy Ultra PCS Ltd. from the Cobham Ultra Group in a $1.55 billion deal.

Read full article » | Save to favorites »

Latham Guides Hunter Point's £1.3B Deal For Equitix Stake

By Najiyya Budaly

U.S. investment firm Hunter Point Capital will buy a 16.1% stake in London-based investor Equitix in a deal that values it at £1.3 billion ($1.8 billion), majority owner Tetragon Financial Group Ltd. said Monday.

Read full article » | Save to favorites »

Weil Guides PE-Backed 365 Retail On $848M Cantaloupe Buy

By Al Barbarino

Michigan-based 365 Retail Markets, a provider of self-checkout retail technology and a portfolio company of Providence Equity Partners LLC, announced Monday it will acquire Pennsylvania-based Cantaloupe Inc. in an all-cash deal valued at about $848 million.

Read full article » | Save to favorites »

Catching Up With Delaware's Chancery Court

By Sydney Price and Jeff Montgomery

Delaware's Court of Chancery this past week sought answers in the high-stakes battle over the constitutionality of newly enacted Delaware corporation law amendments, which will hitch a ride to the state's Supreme Court via a suit contesting a $117 million acquisition of Clearway Energy Inc. by its majority shareholder.

Read full article » | Save to favorites »

Saul Ewing-Led Supernus Inks Up To $795M Brain Health Deal

By Al Barbarino

Supernus Pharmaceuticals, represented by Saul Ewing LLP, said Monday it will acquire Kirkland-advised Sage Therapeutics in a transaction worth as much as $795 million, strengthening Supernus' position in treating neuropsychiatric conditions and expanding its central nervous system health portfolio.

Read full article » | Save to favorites »

Assura Weighs PHP Concessions As Bidding War Continues

By Najiyya Budaly

National Health Service landlord Assura said Monday that it is weighing a £1.7 billion ($2.3 billion) offer from Primary Health Properties, after the investment trust added concessions to its undertaking in an intensification of a bidding war against KKR and Stonepeak.

Read full article » | Save to favorites »

Crypto Platform Tron Eyes Public Listing Via Reverse Merger

By Tom Zanki

China-based cryptocurrency platform Tron plans to go public through a reverse merger with Nasdaq-listed toy manufacturer SRM Entertainment Inc., both parties announced on Monday, supported by a $100 million investment arranged by a bank linked to President Donald Trump's family.

Read full article » | Save to favorites »

DOJ Won't Charge PE Firm That Acquired Sanctions Violator

By Hailey Konnath

The U.S. Department of Justice has decided not to go after private equity firm White Deer Management LLC after it discovered and voluntarily disclosed that Unicat's former leadership had violated economic sanctions and export laws, according to an announcement made Monday.

4 documents attached | Read full article » | Save to favorites »

X Workers Say Musk Personally Liable In Severance Spat

By Emmy Freedman

Elon Musk should be held personally liable for workers' unpaid severance benefits claims, the former X Corp. employees told a Delaware federal court, saying he retained so much control over the social media company that the company alone cannot be at fault.

Brief attached | Read full article » | Save to favorites »

Live Nation Arbitration Firm Defends Its 'Flexible' Approach

By Bryan Koenig

Live Nation's chosen arbitration firm is urging the U.S. Supreme Court to take up the concert giant's bid to force concertgoers into arbitration, arguing its procedures are fair, and it was wrongly dinged for what the Ninth Circuit called "internally inconsistent, poorly drafted" arbitration rules.

2 documents attached | Read full article » | Save to favorites »

Telecoms Shareholder Gets Sanctions Lifted In Control Fight

By Caroline Simson

A New York federal judge has vacated his order sanctioning an investor in telecommunications infrastructure firm Continental Towers LATAM Holdings Ltd. for ignoring arbitral awards issued in a bitter, yearslong dispute over control of the company, saying the man wasn't properly served.

Order attached | Read full article » | Save to favorites »

Biz Seller Seeks Atty Fees After Win In 'Frivolous' Fraud Case

By Hayley Fowler

The former owner of a North Carolina concrete company is seeking attorney fees after defeating a buyer's fraud suit in a rare midtrial victory, saying her opponent should have to cover her legal costs for bringing claims to trial that were both "frivolous" and "malicious."

Memorandum attached | Read full article » | Save to favorites »

Proskauer Continues M&A Growth With Ex-Paul Weiss Atty

By Andrea Keckley

Proskauer Rose LLP announced Monday that a former Paul Weiss Rifkind Wharton & Garrison LLP counsel focused on private company mergers, take-private transactions and cross-border acquisitions has joined the firm as a partner.

Read full article » | Save to favorites »

ABA Sues Over Trump's 'Law Firm Intimidation Policy'

By Alison Knezevich

The American Bar Association sued dozens of federal officials and agencies in D.C. federal court Monday, saying President Donald Trump and his administration have used the executive branch's vast powers "to coerce lawyers and law firms to abandon clients, causes and policy positions" he doesn't like.

Complaint attached | Read full article » | Save to favorites »

Norton Rose Fulbright Says It Was Duped By Legal Tech Co.

By Catherine Marfin

Norton Rose Fulbright US LLP has accused the company behind a cloud-based legal workflow product of duping it into using its services and keeping client files without permission once their contract expired.

Complaint attached | Read full article » | Save to favorites »

Davis Wright Must Face Employment Atty's Defamation Claim

By Dorothy Atkins

A Washington state judge refused to toss in their entirety an employment attorney's defamation claims against Davis Wright Tremaine LLP and other firm partners, finding Washington's Uniform Public Expression Protection Act shields the firm from some of the attorney's allegations, but not all.

3 documents attached | Read full article » | Save to favorites »

National Judicial College CEO Steps Down After 8 Years

By Ryan Boysen

Judge Benes Z. Aldana has abruptly stepped down as president and CEO of the National Judicial College after eight years as a steady hand who guided the organization through the COVID-19 pandemic, increased its course offerings and organized several symposia on the importance of the rule of law. 

Read full article » | Save to favorites »

Calif. Bar Panel Upholds Recommending Eastman Disbarment

By Emily Sawicki

A panel of the California State Bar Court's Review Department has affirmed the March 2024 recommended disbarment of President Donald Trump's former attorney, John Eastman, over attempts to overturn the results of the 2020 presidential election.

Opinion attached | Read full article » | Save to favorites »

Fake NY Lawyer Admits To Stealing Over $290K From Clients

By Pete Brush

A New York man admitted Monday that he posed as a lawyer to steal over $290,000 from people who thought he was doing class action, discrimination and other legal work, copping to larceny and fraud charges in state court.

Read full article » | Save to favorites »

Fla. Supreme Court Orders Bar To Stop ABA Appointments

By Hailey Konnath

The Florida Supreme Court has instructed the Florida Bar to stop appointing delegates to the American Bar Association's House of Delegates, calling the state bar's work with the ABA "inconsistent" with its core mission of regulating the legal profession in the Sunshine State.

Letter attached | Read full article » | Save to favorites »

Asian Bar Groups Jump Into Fight Over Trump Birthright Ban

By Bonnie Eslinger

The National Asian Pacific American Bar Association and dozens of other affiliated legal organizations urged the First Circuit on Monday to uphold a Massachusetts federal judge's decision blocking President Donald Trump's executive order limiting birthright citizenship, saying the White House order is unconstitutional and would "disproportionately harm" Asian American communities.

Brief attached | Read full article » | Save to favorites »