How the Deal Got Done: Debevoise and Cerberus/ECI
Debevoise & Plimpton recently advised Cerberus Capital Management L.P. and Electrical Components International (ECI) in the sale of ECI to Rosebank Industries in a transaction valued at approximately $1.9 billion. New York partner Katherine Durnan Taylor and London partner Dominic Blaxill offer this perspective on "How the Deal Got Done."
Manhattan Federal Judge Threatens DOJ With Sanctions Over Comments Made About Mangione Case
The warning, from U.S. District Court Judge Margaret Garnett, comes after high-ranking DOJ officials posted content online that belied Mangione's presumption of innocence. The judge also asked prosecutors to advise Deputy Attorney General Todd Blanche to inform other officials that further violations could result in sanctions.
Beyond Press Releases: Why Legal PR Must Evolve In the Age of AI
In today's legal marketplace, AI-powered algorithms have become the new gatekeepers of visibility and credibility. As these algorithms scan, validate and surface expertise, the traditional legal PR playbook, centered on press releases announcing lateral hires, client wins or firm milestones, is losing impact. Success now depends on understanding how AI evaluates expertise through third-party endorsement and on adapting PR strategies accordingly.
State AGs Challenge Capital One's $425M Settlement, Say Deal 'Perpetuates' Deceit
“The premise of the Proposed Settlement is that class members will remain in 360 Savings accounts that pay materially lower interest than otherwise-identical 360 Performance Savings accounts, and Capital One will continue to profit from an artificial distinction of its own making. The parties call this an excellent result,' 18 state attorneys general argued, pushing a Virginia federal court to reject the deal.
Kansas City Life Insurance Reaches $45M Class-Action Settlement
"We believe the settlement is the right course of action to remove future uncertainty and ongoing legal expense, serving the best interests of the policyholders, company and shareholders and will allow us to focus on moving forward to better serve our policyholders and the life insurance marketplace," said Walter E. Bixby, president, CEO and vice chairman of the Board of Kansas City Life Insurance.
SDNY Judge Compels Zillow Co-Founder Deposition in Home Listings Antitrust Case
"Upon review of the parties' submissions, the Court finds that Plaintiff has adequately established Mr. [Lloyd] Frink possesses unique and personal knowledge relevant to the pending preliminary injunction motion," U.S. District Judge Jeannette Vargas wrote in an order compelling the deposition of Zillow's co-founder Frink in an antitrust lawsuit challenging Zillow's home listing policy.
TD Securities Faces Legal Challenge to Ex-Worker's Non-Compete Clause
A lawsuit was filed on bahalf of a former trader seeking a declaration that TD Securities' non-compete is enforceable, void or otherwise inapplicable, alleging that the agreement covers too much geographic territory and subject matter, runs too long, and isn't reasonably necessary to protect a legitimate business interest.
Rethinking Records: How Smarter Strategies Are Unlocking Space, Security and Savings for Law Firms
In an industry where every square foot and every second count, paper records are more than a legacy. They are a liability. While many law firms continue to manage sprawling records rooms and offsite storage contracts, a growing number are discovering measurable value, both fiscal and strategic, by embracing smarter digitization strategies.

