🧩 Press outlets sue over White House ban
PLUS: Silver Lake fights for its buyout price, and California takes on law firm investors
September 22, 2026
Lookzy: all your daily legal news in 0.1 billable hours. Plain English coverage of deals, litigation and legal trends trusted by lawyers at Cravath, Latham, Skadden, Gunderson and elsewhere.
Welcome to Lookzy. In today's Lookzy:
Presidential pool coverage fight turns legal
Silver Lake tries to stop a higher buyout bill
A CEO won't sell, but raises his offer
California draws a line for law firm investors
THE VERDICT
Arguing today's litigation news
The cameras stop. ABC, CBS, Fox and NBC suspended presidential pool coverage after the White House barred CNN, which had Monday's pool duty, cutting off the main shared video feed during UN events. CNN, MS NOW and Politico sued Trump and his administration over their revoked access, alleging unconstitutional viewpoint discrimination. The White House says access is a privilege and the First Amendment doesn't guarantee credentials, a briefing-room seat or a pool role. The outlets' request for a temporary restraining order is set for a Wednesday hearing.
Buying into a lawsuit. Silver Lake says in its lawsuit that funds bought Endeavor shares after it announced its $13 billion buyout, some paying above the $27.50 deal price. Now they're seeking a court valuation, and Silver Lake has sued in Delaware to block appraisal claims it says could cost hundreds of millions of dollars or more. Delaware precedent permits these post-announcement buyers to seek appraisal, though a judge can value shares below the deal price, too.
Data centers' power bill. California wants data-center developers to account for their electricity, water, land and workforce needs—and keep other utility customers from picking up their power bills. Governor Gavin Newsom signed seven bills requiring those disclosures, compliance with state energy-procurement rules and contributions to new clean-energy supply. The package seeks to keep generation and grid-upgrade costs from shifting to other ratepayers. The Data Center Coalition warned that duplicative requirements could send projects to other states.
THE DEAL
Wheelin' and dealin' today's corporate news
The CEO raises his bid. Priority Technology's CEO and chairman Thomas Priore told its independent committee he wouldn't sell his stake to another buyer. The committee still negotiated his group's take-private offer up more than 30%, from $6–$6.15 to $8.05 a share in cash, for an enterprise value of about $1.6 billion. Searchlight-advised funds are providing equity commitments. The deal has no financing condition but needs regulatory approval and a majority of unaffiliated shares; closing is expected in the first half of 2027. Paul Weiss advises the committee and McDermott the buyer group.
More from existing reactors. Google will help Georgia Power get more electricity from nuclear plants it already owns a share of. Under a new subscription agreement, upgrades to turbines, pumps, motors and cooling systems at Vogtle and Hatch could add about 96 megawatts of capacity. The structure is designed to shield other customers from upgrade costs, and Georgia Power projects about $900 million in customer benefits over the units' lives. Georgia's Public Service Commission must approve the agreement.
BOILERPLATE
Capital without case control. California's new AB 2305 lets clients recover statutory damages of $10,000 per violation or triple their actual damages, whichever is greater, plus other relief, when corporate funders interfere with case selection or settlement. It reaches businesses created primarily to raise or manage capital that participate in litigation practices, including through management-services organizations. The law applies to contracts entered on or after January 1, 2027, and doesn't prohibit nonrecourse litigation finance that complies with its unauthorized-practice rules.
Secondaries talent changes sides. Freshfields' global co-head of private funds and secondaries Mary Lavelle is joining Debevoise in London, two years after arriving at Freshfields.
Alright, back to billing. That's all, folks!
