Rihem Akkouche

Attorneys from The Block Firm LLC, Aaron K. Block and Max Marks, have requested a $5 million fee from a $46.5 million settlement reached with Acella Pharmaceuticals LLC. The proposal, deemed “presumptively

Former President Donald Trump’s ownership in Trump Media & Technology Group Corp., the company behind the social media platform Truth Social, has surged to nearly 65%, following a significant securities award. This expansion not only solidifies Trump’s dominant position within the company but also highlights the fluctuating fortunes of his business ventures as he faces other significant legal and financial challenges.

In a significant move for family financial aid, Colorado has passed a groundbreaking piece of legislation, creating substantial income tax credits for families with children. The new initiative, potentially injecting over $650 million annually into the pockets of qualifying families, was approved by the Colorado House of Representatives on Wednesday.

In a significant development in the retail sector, teen clothing retailer rue21 has once again sought protection under Chapter 11 bankruptcy. The filing, made in Delaware bankruptcy court on Thursday, reveals that the company is grappling with up to $500 million in assets and an equivalent amount of debt. This marks rue21’s second journey through bankruptcy, the first being in 2017.

In a significant expansion of its healthcare empire, Novartis AG announced on Thursday its plans to acquire U.S.-based Mariana Oncology. This deal, valued at up to $1.75 billion, underscores Novartis’s commitment to enhancing its precision nuclear medicine offerings.

Goodwin Procter law firm in Washington, D.C., U.S. REUTERS/Andrew Kelly

European private equity powerhouse, Permira, has taken a commanding majority stake in BioCatch, a leader in digital fraud detection and financial crime prevention. This significant acquisition values the Tel Aviv-based company at a robust $1.3 billion. The deal, announced on Thursday, positions Permira through its Permira Growth Opportunities Fund II to purchase shares primarily from Bain Capital Tech Opportunities and Maverick Ventures in a strategic secondary transaction.

In a pivotal ruling that reverberated through military contracting circles, the U.S. Government Accountability Office ( GAO ) has affirmed the Navy’s decision against the protest lodged by Vectrus-J&J Facilities Support LLC. This decision underscores the intricacies of cost realism evaluations in government contracts, particularly in the context of the U.S. Navy’s operations support services in the Philippines.

The Atlanta Braves have denied allegations of discrimination against a deaf job applicant, stating that the lawsuit brought against them was not filed within the legal timeframe, as disclosed in a recent court filing in Georgia. This comes after Clyde McKinney Jr., a seasoned IT professional, accused the team of prioritizing the costs associated with his disability over his professional credentials.

Shutterstock, Inc., a giant in the stock photography industry, announced on Thursday its ambitious acquisition of digital creative asset company Envato Pty Ltd. for a staggering $245 million in cash. This significant