United States: M&A/Private Equity

Valuation is no longer just an accounting exercise for private equity firms. It is now central to portfolio management, investor relations, fund governance, audit readiness, fundraising credibility, and transaction execution.

Artificial intelligence is fundamentally reshaping M&A workflows, moving beyond simple productivity gains to become integral infrastructure for deal execution. As AI platforms handle document review, contract comparison, and risk synthesis, the legal profession faces critical questions about verification protocols, talent development, and the evolving balance between automation and professional judgment. The transformation promises faster transactions and new economic models, but success depends on firms th

Recent SEC staff relief provides companies with enhanced flexibility for liability management transactions, including equity repurchases and debt refinancing through exchange or tender offers. The exemptive order reduces the minimum tender offer period from 20 to 10 business days, addressing longstanding criticism that the previous requirement was unnecessarily restrictive given modern technological developments and capital market changes.

Cannabis rescheduling has fundamentally altered the regulatory landscape for California operators, creating hidden risks in contracts drafted before April 2026. Supply agreements, licensing deals, and investment documents built around Schedule I assumptions may now contain critical gaps regarding DEA registration requirements, medical versus adult-use distinctions, and tax treatment under I.R.C. 280E.

Amneal Pharmaceuticals has finalized its acquisition of Kashiv BioSciences for up to $1.1 billion, creating what the company describes as a fully integrated global biosimilars platform. The deal positions Amneal to launch multiple biosimilar products annually and capitalize on an unprecedented wave of biologic patent expirations in the coming years.

Two Delaware attorneys examine the competitive landscape between Delaware and Texas for business filings, analyzing processing speeds, fees, and accessibility to determine which state truly offers superior advantages for corporate formation and document filing. The analysis reveals surprising differences in service delivery that could impact where businesses choose to incorporate.

Let’s say you are a minority interest holder facing a squeeze-out merger. If someone else controls the process, the price, and the paperwork, how do you know the deal was fair? Can a minority shareholder that also holds a meaningful stake in the controller really be counted among the “disinterested” minority?...

Corporate carve-outs and spinoffs present complex challenges when parent companies and newly separated subsidiaries must divide shared technology assets. The stakes are high—as illustrated by an $80 million lawsuit over improperly transferred software licenses—making it essential to identify all shared intellectual property, data systems, and contractual restrictions before deals close.

Trademark ownership errors in USPTO records often remain hidden for years until a transaction, financing, or litigation forces a title review. Two recent cases demonstrate how minor filing mistakes—a misplaced hyphen and an incorrect applicant name—can create expensive problems that require extensive documentation to resolve, especially when corporate records have been lost or key personnel have departed.