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Daily Business Review

Nasdaq Suspensions Due to Russian Sanctions Are Hurting Unintended Parties and Investors, Miami Lawyer Says

The issue is a result of unintended consequences, Ed Patricoff, a partner at Duane Morris in Miami believes. He said companies that are suspended could be delisted or prevented from ever trading, which would result in the value of people's investments sliding substantially,
3 minute read

Law.com

1st Circuit Reverses Vacatur of $3.3M Arbitration Award in Peru-New Balance Dispute

The U.S. Court of Appeals for the First Circuit has reversed a lower court's ruling after determining that an Ecuadorian businessman and his Peruvian…
3 minute read

Delaware Business Court Insider

Shareholders Argue Chancery Decision Gave Tesla a License for Self-Interested Deals

Lawyers for the automaker argued that the shareholders' complaints, including the lack of an independent committee to steer negotiations, couldn't be examined in isolation.
3 minute read

The American Lawyer

Deal Tables Turned: The Rise of Domestic Law Firms

From Asia Pacific to the U.K. and Europe the trend is the same: local firms are rising up the M&A rankings at the expense of larger international firms.
9 minute read

The American Lawyer

McDermott Lands Corporate Attorneys From Gibson, Pillsbury in West Coast Build-Out

Shaalu Mehra and Matthew King join the firm as it looks to grow its emerging companies and IP transactions practice in California.
3 minute read

Legaltech News

Reveal Acquires LIGL, Adds Workflow Automation and Legal Hold Capabilities to Reveal 11 Platform

"The acquisition of LIGL highlights Reveal's commitment to an ongoing approach to growth that emphasizes customer needs over everything else," said Wendell Jisa, founder & CEO of Reveal. "The LIGL team and the technology they bring to Reveal will augment Reveal 11's seamless investigative and eDiscovery functionality."
5 minute read

Law.com

Higher Law: Mixed Views on the Future of Federal Cannabis Legislation | SEC Charges Cannabis Company With Fraud | Greenberg Glusker Names Cannabis Group Co-Chair | Minnesota Lawmakers Rework Cannabis Bill

Rep. Earl Blumenauer, D-Oregon, said he spoke with Senate Democrats after the SAFE Banking Act failed to get a vote in the Senate last year. "I think people realize that we missed an opportunity, and I don't think they want to do it again," he said.
9 minute read

New York Law Journal

White & Case Continues Global M&A Push With Cahill Duo

In hiring Cahill's former M&A co-chair Kimberly Petillo-Décossard along with partner Ross Sturman, the firm is betting on a rebound in dealmaking.
3 minute read

Delaware Business Court Insider

Shareholder Redemption Rights Claims Advance in New Chancery Court SPAC Decision

Whether representing a SPAC or not, fiduciaries are required under Delaware law to be transparent with shareholders, Vice Chancellor Lori Will said, noting however that the unique structure of a SPAC leads shareholders to be harmed individually if they aren't able to fairly exercise their redemption rights.
4 minute read

Daily Business Review

Dealmakers in Last-Minute $70B M&A Rush Before Holidays

Biotech giant Amgen is leading the flurry of transactions, saying it will buy Horizon Therapeutics for $28 billion to add drugs for rare disorders.
3 minute read

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