Latham Ranked #1 for Activism Defense in Q1 2018
FactSet's Activism Scorecard ranks Latham first for activism defense by number of campaigns.
Paul Tosetti retired from the partnership in December 2020. He was a partner in the Los Angeles office of Latham & Watkins and a member of the Corporate Department. He served for 10 years as the Co-Chair of the firm's Global Mergers & Acquisitions Practice.
In his practice, Mr. Tosetti focused on the acquisition of companies on both a solicited and an unsolicited basis, and has extensive expertise in the private equity arena.
Mr. Tosetti has over his career been involved in some of the nation’s most complex acquisition transactions, including the representation of Allergan, Inc. in its response to the US$53 billion attempted hostile takeover effort by Valeant Pharmaceuticals (and the associated proxy contest led by Pershing Square and Bill Ackman); the subsequent sale of Allergan to Actavis plc in a US$73 billion transaction; the representation of Questcor Pharmaceuticals in its US$5.6 billion sale to Mallinckrodt plc; the representation of Beckman Coulter in its US$6.8 billion sale to Danaher Corporation; and the representation of Oracle Corporation in its US$8.5 billion acquisition of BEA Systems, Inc.
Mr. Tosetti has also written and lectured on a variety of corporate and securities law matters.
Paul Tosetti has been recognized by numerous national and local publications. Mr. Tosetti was named Dealmaker of the Year by The American Lawyer in 2015 for his representation of Allergan, Inc. in its response to the US$53 billion attempted hostile takeover effort by Valeant Pharmaceuticals (and the associated proxy contest led by Pershing Square and Bill Ackman), and the subsequent sale of Allergan to Actavis plc in a US$73 billion transaction. Mr. Tosetti was also selected as a World Leading Lawyer in the 2015 edition of Who's Who Legal: Corporate - M&A and Governance; named the Best Lawyers’ 2013 Los Angeles Mergers & Acquisitions Law Lawyer of the Year; cited by Best Lawyers In America as 2011 Los Angeles Corporate Governance and Compliance Lawyer of the Year; consistently ranked in Band 1 by Chambers USA and as a leading lawyer by Chambers Global for Corporate M&A; and was named one of the country's leading 500 attorneys by Lawdragon Magazine in 2009. Mr. Tosetti has also practiced in the area of sports and entertainment law, with experience ranging from the negotiation of television contracts to the organization of new sports leagues.
FactSet's Activism Scorecard ranks Latham first for activism defense by number of campaigns.
Groundbreaking transactions earn recognition for partners Paul Tosetti, Cary Hyden, and Sean Wheeler.
Latham corporate partners are recognized for a "really brilliant strategy" in battling a hostile bid for Allergan, Inc. and maximizing the company's value in its eventual merger with Actavis plc.