极速赛车

Global Payments To Acquire Worldpay In $24.3B Deal

By Al Barbarino

Global Payments Inc. unveiled plans Thursday to acquire payments giant Worldpay from GTCR and FIS for $24.25 billion, while divesting its issuer solutions business to FIS for $13.5 billion, in transactions that could reshape the global payments landscape.

Read full article » | Save to favorites »

Sandberg Says FTC Market View Makes No Sense In Meta Case

By Bryan Koenig

Meta Platforms' former longtime board member and Chief Operating Officer Sheryl Sandberg pushed back Thursday on crucial Federal Trade Commission arguments trying to shape the market the social media giant is accused of monopolizing, criticizing a friends and family definition the FTC is using to exclude TikTok as a competitor.

Read full article » | Save to favorites »

7-Eleven Parent Floats Refreshed Board With 4 New Nominees

By Al Barbarino

Japan's Seven & i Holdings Co. on Thursday proposed a refreshed slate of directors and reaffirmed its commitment to pursuing both internal reforms and a potential acquisition by Canada's Alimentation Couche-Tard.

Read full article » | Save to favorites »

Deals Rumor Mill

OpenAI Eyes Windsurf, Activist Targets HP, And More Rumors

By Tom Zanki

OpenAI is preparing to bid about $3 billion to acquire coding developer Windsurf, activist fund Elliot Investment Management has purchased a major stake in Hewlett Packard with an eye toward pushing changes at the information technology giant, and private equity giant KKR is considering selling Atlantic Aviation for $10 billion.

Read full article » | Save to favorites »

Strava To Acquire UK-Based Running Training App Runna

By Elaine Brise帽o

Privately held exercise app Strava announced Thursday that it will acquire United Kingdom-based Runna, a coaching platform for runners, but no financial details were included with the announcement.

Read full article » | Save to favorites »

Hidden Road Nabs Broker-Dealer Approval After Ripple Deal

By Aislinn Keely

Prime brokerage platform Hidden Road announced Thursday that it's received a broker-dealer license from the Financial Industry Regulatory Authority, hot on the heels of a deal that will see Ripple Labs acquire the firm for $1.25 billion.

Read full article » | Save to favorites »

Mubadala Joins $14.5B Education JV With $600M Investment

By Al Barbarino

Mubadala Investment Co. said Thursday it will acquire a minority stake in Nord Anglia Education for $600 million, joining an EQT-led consortium that purchased the international schools organization in a $14.5 billion deal that closed last month.

Read full article » | Save to favorites »

Barclays To Offload Payments Business To Brookfield

By Najiyya Budaly

British lender Barclays Bank PLC said Thursday that it plans to sell most of its payments business to U.S. asset manager Brookfield in a move to realize the money it has invested in the subsidiary.

Read full article » | Save to favorites »

QXO Prices $500M Offering Connected To $11B Beacon Buy

By Jade Martinez-Pogue

Building products distribution company QXO Inc. announced the pricing of a stock offering, with plans to raise $500 million, which will be used to finance a portion of its pending $11 billion acquisition of Beacon Roofing Supply Inc.

Read full article » | Save to favorites »

NC Hospital Operator Can't Escape AG's Merger Suit Yet

By Ryan Harroff

A North Carolina Business Court judge rejected HCA Healthcare's bid for a partial win in state Attorney General Jeff Jackson's compliance suit reviewing the company's 2019 purchase of another hospital system, ruling that the purchase agreement's language is too ambiguous to decide the matter without further discovery.

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

SolarWinds Sued For Docs On $4.4B Take-Private Deal

By Jeff Montgomery

Citing company controller clout and alleged minority stockholder sidelining, a SolarWinds Corp. stock-owning trust has sued in Delaware's Court of Chancery for documents related to the company's $4.4 billion, $18.50-per-share take-public deal from Turn/River Capital LP.

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

Keys To Regulatory Diligence In Life Sciences Transactions

Conducting effective regulatory due diligence for life sciences deals requires careful review of a target company's activities, and separate sets of considerations for commercial and pipeline products, says Anna Zhao at GunnerCooke.

Read full article » | Save to favorites »

Tracking The Evolution In Litigation Finance

Despite continued innovation, litigation finance remains an immature market with borrowers recieving significantly different terms as lenders learn to value cases, which firms need a strong handle on to ensure lending terms do not overwhelm collateral value, says Robert Wilkins at Lightfoot Franklin.

Read full article » | Save to favorites »

Series

Volunteer Firefighting Makes Me A Better Lawyer

While practicing corporate law and firefighting may appear incongruous, the latter benefits my legal career by reminding me of the importance of humility, perspective and education, says Nicholas Passaro at Ford.

Read full article » | Save to favorites »

PTAB Judge Heads To Boutique, Citing Return-To-Office Order

By Andrew Karpan

An outgoing Patent Trial and Appeal Board judge based in Austin, Texas, tells 极速赛车 that President Donald Trump's return-to-office order was a "significant factor" in her decision to return to private practice, joining boutique patent firm Smith Baluch LLP as a partner.

Read full article » | Save to favorites »

Ex-DOJ Atty Convicted In 1MDB Case Ordered Disbarred In NY

By Craig Clough

A New York appellate court ordered Wednesday that a former U.S. Department of Justice attorney be disbarred due to his felony conviction as part of a sprawling, billion-dollar fraud scandal connected to 1Malaysia Development Berhad and Fugees founder Pras Michél.

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

In Case You Missed It: Hottest Firms And Stories On 极速赛车

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on 极速赛车 last week.

Read full article » | Save to favorites »

Sunoco Accused Of Age Bias By Ex-Chief Counsel

By Gina Kim

A former chief counsel for Sunoco LP sued her ex-employer in Texas state court Wednesday, alleging she was denied promotional opportunities and later terminated due to her age, while also accusing the company of replacing attorneys older than 50 with significantly younger attorneys with less experience.

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

PI Firm Sues Its Own Expert For Being 'Out Of Touch' At Depo

By Rae Ann Varona

A New Jersey personal injury law firm filed suit in state court against an expert witness it alleges had threatened to withdraw if he didn't receive an advance payment for preparing and attending his deposition, and then turned up to the deposition "confused, disoriented and out of touch."

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

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

Google and its chief legal officer have now lost two major antitrust cases to DOJ prosecutors after a federal judge ruled Thursday the search engine monopolized markets and servers related to display advertising. Meanwhile, a new study shows companies are disclosing their business risks, and how they are trying to mitigate those risks, amid changing tariffs and the uncertainty of the U.S.-China trade war. These are some of the stories in corporate legal news you may have missed in the past week.

Read full article » | Save to favorites »

极速赛车's Legal Lions Of The Week

By Kevin Penton

Schlichter Bogard LLC and the University of Virginia School of Law Supreme Court Litigation Clinic lead this week's edition of 极速赛车 Legal Lions, after the U.S. Supreme Court revived a class action from Cornell University workers who said their retirement plans were saddled with excessive fees.

Read full article » | Save to favorites »

Judiciary Faces Security Risks Amid Spending Freeze

By Courtney Bubl茅

The federal judiciary is warning congressional appropriators that funding shortfalls could threaten courthouse security.

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

Judge Nixes Feds' DQ Bid In Migrant Kids Legal Funding Case

By Ryan Boysen

A California federal judge has denied the Trump administration's bid to remove her from a lawsuit challenging funding cuts that prevent attorneys from representing child migrants, ruling her employment at one of the plaintiffs nearly seven years ago doesn't undermine her impartiality.

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

Joel Katz, Music Law's Longtime Power Broker, Dies At 80

By Chart Riggall

Joel Katz, the powerful music industry lawyer who co-founded Greenberg Traurig LLP's media and entertainment practice and helped bring the firm to the Atlanta market, has died at the age of 80, 极速赛车 confirmed Friday.

Read full article » | Save to favorites »

WilmerHale, Feds Dispute Reach Of Trump Order Against Firm

By Jack Karp

WilmerHale and the U.S. Department of Justice traded salvos in the BigLaw firm's challenge to President Donald Trump's executive order targeting it, with the firm and the government offering "starkly different" versions of what's at stake in the dispute.

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

Wis. Sens. Renew Bipartisan Judicial Nomination Commission

By Courtney Bubl茅

The Republican and Democratic senators from Wisconsin announced Friday they are renewing their bipartisan commission to recommend U.S. attorney and judicial nominees to the president.

Read full article » | Save to favorites »