Corporate

Huron to Sell Legal Business for $112 Million

NEWS
Consilio will buy the Huron group before the end of the month for $112 million in cash, plus a $3 million to $6 million post-closing payment contingent on the firm’s 2015 financial results

Dow and DuPont, Two of America’s Oldest Giants, to Merge in Megadeal

NEWS
Dow Chemical and DuPont, two of America’s biggest chemical companies, will merge and then split again into three companies, the companies said Friday.

Yahoo Kills Alibaba Spinoff, Will Spin Off Itself Instead

NEWS
Yahoo reportedly will explore a spin off of Yahoo assets and liabilities other than the Alibaba stake, which would then trade as two separate stocks.

Private Company Director Liability and Protection

White Paper
Fisher Broyles LLP has posted a paper outlining the sources of liability for directors of private companies.

From NACD Directorship: Think Like an Activist Investor

White Paper
The National Association of Corporate Directors has made available a complimentary article titled “In Practice: How to Think Like an Activist Investor,” a feature in the organization’s NACD Directorship magazine.

Latham & Watkins Advises Nord Anglia Education on Acquisition of Six Schools from Meritas

NEWS
Nord Anglia Education, Inc. announced that it completed its acquisition of six schools from Meritas, LLC and certain affiliates for net cash consideration of $534 million.

Corporate Lawyer/State Rep. Jason Villalba Joins Gardere in Dallas

NEWS
Texas State Rep. Jason Villalba has joined Gardere Wynne Sewell LLP as a corporate partner in the firm’s Dallas office.

Contract With One-Sided Termination Enforced – Not a Perpetual Contract

White Paper
The case illustrates the balance the courts strike between the policy that disfavors perpetual contracts versus the policy that allows parties freedom of contract.

Five Steps to Enhance the Board’s Oversight of Cyber Risk

White Paper
The handbook clearly explains a wide range of board-level considerations, including disclosure issues, access to expertise, and risk appetite calibration.