Bloomberg Law
Oct. 15, 2018, 11:35 AM UTC

Wake Up Call: Weil Advising Sears as Storied Retailer Files for Bankruptcy

• Weil Gotshal & Manges is advising Sears Holding Corp. as billions of dollars of debt and overwhelming online competition force the 125-year-old retailer to file for bankruptcy.( Bloomberg ) ( New York Times DealBook ) ( The Street )

• A medical pot company launched by three former Big Law partners got acquired last week by MedMen Entreprises Inc, a top player in the expanding cannabis industry, for $682 million in one of the legal weed industry’s biggest deal’s ever. PharmaCann was launched in 2015 by former Chicago-based Polsinelli partners Teddy Scott, John Leja and Jeremy Unruh. ( American Lawyer ) ( ...

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