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The American Lawyer

Deal Watch: Cravath, Skadden, Shearman, K&L Gates Steer Health Care Deals Amid Industry Momentum

"We are cautiously optimistic the healthcare and pharma IPO market will gain strength in 2024," said McDermott partner Todd Kornfeld.
7 minute read

Daily Report Online

Middle District Awards Over $1.3M to Shareholders in Dissenters' Rights Case Over Pre-Revenue Corporation

The case presented an unprecedented issue equivalent to determining "how much a reasonable person would likely pay to join a consortium of gamblers who want to pool their funds to buy lottery tickets for the possibility of winning the next big 'Power Ball' drawing," Judge Clay Land said.
5 minute read

The American Lawyer

Deal Watch: Big Law Dealmakers Are Evaluating These Factors to Assess 2024 Market

Frank Aquila, partner in Sullivan & Cromwell's corporate group, said the tempering of inflation and the broader economic news that ushers in could be a boon for M&A in 2024.
11 minute read

Delaware Business Court Insider

Delaware Transaction Law Lineage Laid Out in Long-Awaited Match Group Argument

It's time to draw some lines on where so-called "MFW creep" ends, Delaware Supreme Court justices said during argument in the Match Group shareholder appeal.
4 minute read

The American Lawyer

Deal Watch: This M&A Partner Just Had Two Big Deals on Same Day

Karessa Cain led Wachtell teams for eBay and Jacobs Solutions for deals announced on same day.
8 minute read

Delaware Business Court Insider

Adobe Suit Takes Aim at Adobe Downplaying Competitor, Then Buys It for $20B

The allegations are focused less on the merits of Adobe's acquisition of Figma than they are on directors' and officers' transparency leading up to the deal and a disconnect between their public statements and the decision to acquire Figma.
3 minute read

The Recorder

State Bar Sells Howard Street Building in San Francisco

The lawyer-regulating agency will shift from owner to tenant, as terms of the sale to Ridge Capital Investors call for the bar to maintain office space in the 13-story building.
3 minute read

The American Lawyer

Deal Watch: IPOs Not Coming Back in 2023

Wilson Sonsini's Michael Nordtvedt noted that boards and management teams are "leaving optionality for IPOs in the second half of 2024."
6 minute read

Corporate Counsel

Tegna Taps Vox Media Veteran for Chief Legal Officer Role

Tegna, which owns 66 TV stations in 54 markets, has filled its legal chief vacancy with Lauren Fisher, who has deep digital media experience, including stints at Hulu and AOL.
2 minute read

The American Lawyer

A&O Partner Jumps to Sidley in Wake of Shearman Merger Vote

Greg Lavigne is one of several partners who have departed Allen & Overy and Shearman in recent months in the wake of the two firms announcing their plans to merge.
3 minute read

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