Legal Resources

Biotechnology giant AstraZeneca has struck a licensing deal worth up to $18.5 billion with CSPC Pharmaceutical of China to develop weight-loss drugs, the companies said Friday, as Western investment in China ramps up.

Federal judiciary advisers Thursday confronted the most extensive opposition yet in their campaign to ensure the reliability of evidence utilizing artificial intelligence, but the criticism appeared constructive, possibly upping the odds of a digital age addition to U.S. court rules.

President Donald Trump is seeking at least $10 billion in damages in a new lawsuit filed Thursday in Miami federal court that accuses the Internal Revenue Service and U.S. Department of the Treasury of failing to prevent a former IRS contractor from leaking Trump's tax returns to news outlets.

The Federal Reserve's claim of broad discretion to cut financial institutions off from master accounts could turn these U.S. payment system gateways into potential tools of partisan warfare, an attorney for a Puerto Rico bank told a Second Circuit panel Thursday.

An expert not involved in the matter said that "the statute of limitations could become a major point of contention if the federal government chooses to zealously defend the case."     

"Ultimately, the Court cannot discount the high likelihood—as demonstrated by the FTC—that the Proposed Transaction, if consummated, will lead to significant anticompetitive effects," U.S. District Judge Rudolph Contreras wrote in a decision that prompted defendants Edwards Lifesciences Corp. and JenaValve Technology Inc. to terminate their proposed $945 million merger deal.     

The firm didn't view geopolitical tensions as the sole reason to launch a defense tech industry group, but it could stand to benefit from them, as tech companies and startups that act as federal government contractors increasingly need help negotiating and solidifying deals.     

“It is time for clear rules and a clear understanding that the CFTC supports lawful innovation in these markets, said Commodity Futures Trading Commission chair Michael Selig.     

The firm didn't view geopolitical tensions as the sole reason to launch a defense tech industry group, but it could stand to benefit from them, as tech companies and startups that act as federal government contractors increasingly need help negotiating and solidifying deals.      

About a dozen fund finance attorneys are leaving Cadwalader as it prepares to merge with Hogan Lovells.      

The firm grew revenue by 9.4% from 2024, while profits per equity partner increased by 20.3% to hit $1.5 million.      

Multi-billion pound FTSE 100 deals were once the reserve of the U.K. elite, but after years of building up strategic M&A capability in London, U.S. firms have secured leading roles on Glencore's possible $200 billion combination with Rio Tinto and on Anglo American's $70 billion deal.