meredith hartley

2 March 2026 / 1 min read MIAMI - Global law firm Reed Smith advised a public real estate investment trust (REIT) on its acquisition of a nationwide portfolio of restaurant properties as part of a $620 million take-private acquisition of Denny's Corp. The transaction closed in the first quarter of 2026 and required the Reed Smith team to perform expedited due diligence on over seventy properties during a two-week review period.

Highlights • CNS-penetrating thyromimetic prodrug Sob-AM2 is better tolerated in chronic dosing • Sob-AM2 is more effective than sobetirome at lowering C26:0 in the CNS • VLCFA reduction in the CNS is limited by slow CNS lipid turnover Summary X-linked adrenoleukodystrophy (X-ALD) is a rare, genetic disease in which increased very long chain fatty acids (VLCFAs) in the central nervous system (CNS) cause demyelination and axonopathy, leading to neurological deficits.