(Credit: Shutter_M/Shutterstock.com) Deal Watch: With Tech Darlings Devalued, M&A Pushes Forward
Headwinds for Big Law loom as deal value is down 26% year-over-year.
June 21, 2022 at 02:36 PM
7 minute read
Mergers and Acquisitions
A massive $26 billion deal by Prologis to acquire Duke Realty buoyed a rather pedestrian past week in M&A, where there were five total deals over $1 billion. None of them were over $5 billion other than the Prologis deal.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Deal Watch: Freshfields, Simpson, Kirkland, Paul Weiss Among Big Firms on International Deals
9 minute read
'More Deals and Larger Deals': Big Law Dealmakers Weigh In on Rate Cut Impact
7 minute read
Deal Watch: Midmarket Private Equity Activity Helps Fuel Law Firm Demand
8 minute read
Law Firms Mentioned
- Alston & Bird
- Fried, Frank, Harris, Shriver & Jacobson
- Osler Hoskins
- Amarchand & Mangaldas & Suresh A Shroff & Co
- Hunton Andrews Kurth
- Nelson Mullins Riley & Scarborough
- Stikeman Elliott
- Simmons & Simmons, P.C.
- Kirkland & Ellis
- Clifford Chance
- Paul Hastings
- Kramer Levin Naftalis & Frankel LLP
- McDermott Will & Emery
- Loeb & Loeb
- Ogier
- Proskauer Rose
- Hogan Lovells
- Latham & Watkins
- Vinson & Elkins
- Buchanan Ingersoll & Rooney
- Becker Poliakoff
- Wachtell, Lipton, Rosen & Katz
Trending Stories
- 1'I'm Staying Everything': Texas Bankruptcy Judge Halts Talc Trials Against J&J
- 2What We Know About the Kentucky Judge Killed in His Chambers
- 3Judge Blasts Authors' Lawyers in Key AI Suit, Says Case Doomed Without Upgraded Team
- 4Ex-Prosecutor and Judge Fatally Shot During Attempted Arrest on Federal Corruption Charges
- 5Federal Judge Won't Stop Title IX Investigation Into Former GMU Law Professor
Who Got The Work
Charles A. Weiss of Holland & Knight has entered an appearance for Rafael Badalov in a pending trademark infringement lawsuit. The suit, filed July 26 in New York Eastern District Court by Lee Law on behalf of Otter Products LLC, accuses the defendant of selling counterfeit phone cases and accessories bearing the plaintiff's 'OtterBox' trademark. The case, assigned to U.S. District Judge Nina R. Morrison, is 1:24-cv-05214, Otter Products, LLC v. Badalov et al.
Who Got The Work
Gibson, Dunn & Crutcher partners Benjamin Hershkowitz, Richard W. Mark and Casey J. McCracken and R. Scott Johnson, Thomas M. Patton and Cara S. Donels have entered appearances for Berkshire Hathaway Energy Co. and MidAmerican Energy Co., respectively, in a pending patent infringement lawsuit. The case, filed July 17 in Iowa Southern District Court by Nyemaster Goode PC and Caldwell Cassady & Curry on behalf of Midwest Energy Emissions Corp., asserts six patents related to sorbents for the oxidation and removal of mercury. The case, assigned to U.S. District Judge Stephen H. Locher, is 4:24-cv-00243, Midwest Energy Emissions Corp. v. Berkshire Hathaway Energy Company et al.
Who Got The Work
Michael J. Hickey and Michael L. Jente of Lewis Rice LLC have stepped in to represent Tidal Wave Management in a pending trademark infringement lawsuit. The case, filed July 18 in Missouri Western District Court by Husch Blackwell on behalf of Waterway Gas & Wash Co., accuses the defendant of using a mark that's confusingly similar to the plaintiff's 'Clean Car Club' mark. The case, assigned to U.S. District Judge Fernando J. Gaitan Jr., is 4:24-cv-00471, Waterway Gas & Wash Company v. Tidal Wave Management LLC.
Who Got The Work
Wachtell, Lipton, Rosen & Katz partners Lauren M. Kofke and William Savitt have stepped in to represent CVS Health and and its top officials in a pending shareholder derivative lawsuit. The complaint, filed Aug. 30 in New York Southern District Court by the Brown Law Firm on behalf of Chaya Sara Kaufmann, accuses the defendants of failing to disclose that they used misleading forecasts to set premium plans which overstated the profitability of the company's health care benefits segment. The case, assigned to U.S. District Judge Margaret M. Garnett, is 1:24-cv-06595, Kaufmann v. Lynch et al.
Who Got The Work
Robert L. Wallan from Pillsbury Winthrop Shaw Pittman has entered an appearance for Findlay Management Group in a pending complaint for declaratory judgment. The complaint, filed on Aug. 8 in Nevada District Court by Gordon Rees Scully Mansukhani and Skarzynski Marick & Black on behalf of Houston Casualty Co., seeks to declare that no insurance policy exists between Houston Casualty and Findlay due to there not being an adequate form of delivery and claims that if delivery was substantiated it is rescinded based on material omissions and misrepresentations. The case, assigned to U.S. District Judge Gloria M. Navarro, is 2:24-cv-01459, Houston Casualty Company v. Findlay Management Group.
