WHO GOT THE WORK?℠ - Churchill Downs Inc., parent company to Kentucky Derby horse racing complex Churchill Downs, has agreed to acquire considerably all of gaming operator Peninsula Pacific Entertainment’s assets for approximately $2.5 billion. The transaction, announced Feb. 22, is expected to close by the end of 2022. Louisville, Kentucky-based Churchill Downs is advised by a Sidley Austin team including partners Brian Fahrney and Brent Steele. Peninsula Pacific, which is based in Richmond, Virginia, is represented by a Latham & Watkins team led by partners Trina Chandler, Brett Rosenblatt and Caroline Phillips. >> Read the press release on Law.com Radar and check out the most recent edition of Law.com’s Who Got the Work?℠ column to find out which law firms and lawyers are being brought in to handle key cases and close major deals for their clients.
DIRTY DOLLAR - Discount store operator Dollar Tree and subsidiary Family Dollar Services were slapped with a class action Friday in Virginia Eastern District Court on behalf of consumers who claim to have purchased products stored in a contaminated distribution center in West Memphis, Arkansas. The suit follows an FDA warning related to products purchased from Family Dollar stores in six states since Jan. 2021. The putative class is represented by Wise Law Firm; Mason Lietz & Klinger and Wampler, Carrol, Wilson & Sanderson. Counsel have not yet appeared for the defendants. The case is 1:22-cv-00208, Smith et al v. Family Dollar Services, LLC et al. Stay up on the latest deals and litigation with the new Law.com Radar.