"Almost every firm outside the top 20 by PEP in the Am Law 100 is either pursuing a deal or talking about pursuing one," said Kent Zimmermann, law firm adviser at Zeughauser Group.
Philips terminated a reseller agreement in 2019 without notice or reason, and its former business partner filed suit claiming the termination actually resulted from disputes over recertifying a Philips product as "airworthy."
On Monday, the Trump-era Federal Trade Commission lost its first antitrust lawsuit challenging private firm GTCR's $627 million acquisition of hydrophilic coatings producer Surmodics in the U.S. District Court for the Northern District of Illinois.
The American Bar Association Standards Committee met Wednesday for a review of standards that will be evaluated by a not yet established advisory committee, which will be discussed during Friday's Council meeting.
A federal jury in Chicago awarded the damages to Shikha Garg, who died in the 2019 crash of Ethiopian Air Flight 302, the second of two disasters involving Boeing's 737 Max 8 aircraft.
