Wake Up Call: 2 Big Firms Advise as Daimler Truck Unit Buys Share of U.S. Self-Driving Tech Co.

April 1, 2019, 11:40 AM UTC
  • Hughes Hubbard advised Daimler AG’s truck unit, the world’s biggest commercial vehicle manufacturer, which agreed to buy a majority stake in U.S. autonomous driving tech company Torc Robotics for undisclosed terms. Cooley advised Torc Robotics in the deal, which is part of Daimler’s plan to spend more than 500 million euros ($561 million) to start running highly automated vehicles on U.S. roads. (Mergers & Acquisitions) (BN) (Cooley)

  • Wilmer Cutler Pickering Hale and Dorr is getting back former SEC commissioner Daniel Gallagher, who most recently is the chief legal officer at generic drugmaker Mylan, where, ...

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