Acquisition

Morgan Lewis Bolsters European Presence with Acquisition of Kramer Levin’s Paris Team Ahead of Major Transatlantic Law Firm Merger

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Paris, France — In a significant move to expand its global footprint, Morgan Lewis & Bockius announced on Friday the acquisition of Kramer Levin Naftalis & Frankel’s Paris office, including a robust team of 54 lawyers. This development precedes the merger of Kramer Levin, based in Manhattan, with Herbert Smith Freehills, set to finalize in May. Kramer Levin’s Paris office, previously its sole international location, was notably excluded from its impending transatlantic union with Herbert Smith Freehills. This strategic acquisition by Morgan Lewis not only bolsters its presence in Europe but also significantly enhances its … Read more

Judge Blocks Infowars Acquisition by Satirical Giant The Onion

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AUSTIN, Texas — A judge has dismissed a proposal for the satirical news website The Onion to acquire the controversial media outlet Infowars. The decision came after careful consideration of the financial and regulatory implications surrounding the potential transaction between the two distinctly different media entities. Infowars, known for its far-right conspiracy theories, sought a new owner amidst financial turmoil provoked by legal challenges and public controversy. The Onion, which consistently blends humor and satire in its reporting, appeared as an unexpected bidder in what turned into a complex legal and business spectacle. The rejection … Read more

Legal Halt: Judge Temporarily Blocks The Onion’s Acquisition of Infowars Amid Auction Dispute

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A federal judge has imposed a temporary halt on the proposed acquisition of the controversial news platform Infowars by the satirical media company The Onion due to concerns surrounding the auction process. This unexpected move puts the spotlight on the legal wrangling over the ownership of Infowars, which has been mired in financial and legal troubles following a series of defamation lawsuits. The decision came after a hearing in which it was argued that the auction process for Infowars’ assets might not have been conducted fairly, raising doubts about whether all potential bidders were given … Read more

Proskauer Rose Enhances Paris Office with Strategic Acquisition of Simmons & Simmons’ Eight-Lawyer Team

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Paris, France – In a significant move within the legal sector, Proskauer Rose’s Paris office has enhanced its team by acquiring an eight-member lawyer group specializing in fund formation and secondaries from Simmons & Simmons. The team is led by seasoned partners Agnès Rossi and Marcela Moraru, who bring a wealth of experience, having collaborated for over two decades on major international fundraising and transactional operations for private investment funds across France, the U.K., and Luxembourg. Rossi and Moraru’s joint expertise spans the structuring and establishment of various types of investment funds, including mid-market and … Read more