Girl Scouts Sued Over Claims of Toxic Chemicals in Cookies
Girl Scouts Sued Over Claims of Toxic Chemicals in Cookies. A New York woman has filed a proposed class-action lawsuit against the Girl Scouts of America and cookie manufacturers Ferrero U.S.A. and Interbake Foods (ABC Bakers), alleging that the organization’s popular cookies contain harmful levels of heavy metals, pesticides, and other toxins. The lawsuit, filed […]
Hogan Lovells Advises VICI Properties on $2.5B Credit Facility
Hogan Lovells Advises VICI Properties on $2.5B Credit Facility. Global law firm Hogan Lovells has advised VICI Properties Inc. (NYSE: VICI) on securing a US$2.5 billion multicurrency revolving credit facility for its subsidiary, VICI Properties L.P. The deal strengthens VICI’s liquidity and provides flexible financing options as the company continues to grow its expansive portfolio. […]
Kirkland & Ellis Advises Clearwater Analytics on $685M Bistro & Beacon Acquisitions
Kirkland & Ellis Advises Clearwater Analytics on $685M Bistro & Beacon Acquisitions. Clearwater Analytics (NYSE: CWAN) has secured two major acquisitions, advised by Kirkland & Ellis, to significantly enhance its risk management and portfolio analytics capabilities. The company has entered into definitive agreements to acquire Bistro, Blackstone’s proprietary portfolio visualization software, and Beacon, a leading […]
DLA Piper Advises IIFL Finance on $325 Million Senior Notes Issuance
DLA Piper Advises IIFL Finance on $325 Million Senior Notes Issuance. IIFL Finance, a leading Indian financial institution specializing in gold financing, successfully completed the conversion of its Euro Medium Term Note (ETMN) Programme into a Global Medium Term Note (GMTN) programme. This milestone paved the way for the company’s issuance of $325 million in […]
Dentons Advises Weifang Guokong on Successful CNY 481M Bond Issue
Dentons Advises Weifang Guokong on Successful CNY 481M Bond Issue. Dentons Hong Kong recently advised as international counsel to the placing agents for Weifang Guokong Development Group Co., Ltd. on the successful issuance of CNY 481,000,000 in bonds. The bonds, which have a 6.9% coupon rate and are due in 2027, are now listed on […]
Linklaters Advises RoboSense on HK$1B Share Placing for Growth
Linklaters Advises RoboSense on HK$1B Share Placing for Growth. Linklaters has advised RoboSense Technology Co., Ltd (RoboSense) on the successful completion of a HK$1 billion placing of new shares. This strategic equity financing aims to support the company’s continued growth and development. Purpose of the HK$1B Fundraising RoboSense will use the proceeds from this placing […]
SEC Sues Ronald A. Pallek Over $1.54M ‘Iron Condor’ Fraud
SEC Sues Ronald A. Pallek Over $1.54M ‘Iron Condor’ Fraud. The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Ronald A. Pallek for orchestrating a fraudulent securities offering that raised over $1.54 million from investors. Alleged Fraudulent Activity Filed on March 10, 2025, at the Wisconsin Eastern District Court, the SEC’s complaint […]
Clifford Chance Advises Mitsui OSK Lines on $1.7B LBC Tank Terminals Deal
Clifford Chance Advises Mitsui OSK Lines on $1.7B LBC Tank Terminals Deal. Clifford Chance has advised Mitsui OSK Lines (MOL) in its acquisition of 100% membership rights of LBC Tank Terminals Group Holding Netherlands Coöperatief U.A. (“LBC”) for approximately $1.715 billion. This acquisition strengthens MOL’s position in the chemical logistics sector and expands its global […]
Climate United Sues EPA and Citibank Over Frozen Solar Funds
Climate United Sues EPA and Citibank Over Frozen Solar Funds. An environmental nonprofit, Climate United, filed a lawsuit on Saturday against the U.S. Environmental Protection Agency (EPA) and Citibank, seeking billions in damages for solar and clean energy projects frozen by the bank under instructions from the Trump administration. The Lawsuit and Allegations The lawsuit, […]
IBM Wins Legal Battle Against LzLabs Over Trade Secrets
IBM Wins Lawsuit Against LzLabs Over Trade Secrets Theft. IBM secured a victory on Monday against U.S. tech entrepreneur John Moores’ company, LzLabs. The lawsuit, filed in the UK, accused LzLabs of stealing trade secrets by unlawfully reverse-engineering IBM’s mainframe software. The Allegations: IBM vs. LzLabs IBM’s case targeted Switzerland-based LzLabs and its UK subsidiary, […]
Legal Action Against UK Gov’t Over Hormone Treatment for Minors
Legal Action Against UK Gov’t Over Hormone Treatment for Minors. A landmark legal action has been launched against the UK government, accusing it of permitting the sale of cross-sex hormones to minors in what is being described as a “medical scandal.” The case, spearheaded by campaigner Keira Bell, is challenging the government’s policy on the […]
Ropes & Gray Advises on Walgreens Boots Alliance $23.7B Acquisition by Sycamore Partners
Ropes & Gray Advises on Walgreens Boots Alliance $23.7B Acquisition by Sycamore Partners. Walgreens Boots Alliance (WBA) has announced its acquisition by Sycamore Partners in a take-private deal valued at up to $23.7 billion. The transaction, revealed on March 6, 2025, is expected to close in the fourth quarter of 2025, pending approval from WBA’s […]