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Latham & Watkins Advises Thomson Reuters in Acquisition of Casetext

June 27, 2023
Multidisciplinary team advises on purchase of legal technology provider.

Thomson Reuters Corporation (Thomson Reuters) (NYSE / TSX: TRI), a global content and technology company, has announced that it has signed a definitive agreement to acquire Casetext, a California-based provider of technology for legal professionals, for US$650 million cash. Closing of the transaction is subject to specified regulatory approvals and customary closing conditions and is anticipated to occur in the second half of 2023.

Latham & Watkins LLP represents Thomson Reuters in the transaction with a corporate deal team led by New York partners Leah Sauter and Peter Harwich, with associates Jennifer Wong and Jordan Wampler. Advice was also provided on emerging companies matters by New York partner Eli Curi; on tax matters by New York partner Eric Kamerman, with associate Ron Moore; on finance matters by New York partner Stephanie Teicher, with associate Sara Shahmiri; on technology/intellectual property matters by Los Angeles partner Ghaith Mahmood, with associates Nicole Nour and Jack Chai; on data privacy matters by Washington, D.C. partner Tony Kim and Bay Area partner Robert Blamires, with associate Deborah Hinck; on FCPA matters by Washington, D.C. partner Joseph Bargnesi; on sanctions/trade controls matters by associates Eric Green and Elizabeth Annis; on litigation matters by Bay Area partner Elizabeth Deeley, with associate Francis Acott; and on insurance matters by Los Angeles partner Drew Levin, with associates Harrison White and Jesse Kirkland.