Legal News

While initially disappointing, the US$108.8 billion in total global PE transaction value in Q3 represents a greater proportion of overall M&A activity than in Q2. PE value made up 29% of overall M&A value in Q3, compared to only 26% in Q2....By: White & Case LLP

After quarter-on-quarter gains in Q1 and Q2 this year, global M&A value took a tumble in Q3, registering the lowest quarterly total since Q1 2016. Volume dropped to the lowest quarterly figure since Q3 2013....By: White & Case LLP

On September 17, the US Department of the Treasury issued comprehensive proposed regulations to implement the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA). This alert describes key aspects of the proposed regulations.......By: White & Case LLP

Japan's Ministry of Economy, Trade and Industry completely revised the 2007 MBO guidelines on June 28, 2019. The new guidelines, now termed "Fair M&A Guidelines," include within their scope acquisitions by controlling shareholders of controlled...By: White & Case LLP

In White Constructions Pty Ltd v PBS Holdings Pty Ltd [2019] NSWSC 1166 the Supreme Court of New South Wales, Australia, rejected both parties' expert delay analysis and the methodologies on which they were based, holding that their inclusion in the...By: White & Case LLP

Big Tech as well as other global companies will likely have to modify their business models - Japan’s growing e-Commerce market continues to benefit both businesses, which are able to reach more customers and reduce costs, and consumers, who enjoy...By: White & Case LLP

Nordic M&A activity has staged something of a comeback. Q2 2019 witnessed a sharp quarter-on-quarter rise in total value of 198% (to US$25.6 billion) versus a slight 6% fall in volume (to 259 deals), giving reason for optimism. However, while such...By: White & Case LLP

In a long running group litigation between a number of Sub-Post Masters and Post Office Limited, Mr Justice Fraser, sitting in the English High Court, has given detailed consideration of the issue of relational contracts in English law. The decision...By: White & Case LLP

During FY 2018, the Japan Fair Trade Commission ("JFTC") received 321 notifications, which is the largest in the past five years and a 4.9 percent increase from FY 2017. It provided clearance for 315 cases at Phase I review. Two cases were sent to...By: White & Case LLP

M&A in the Middle East saw a massive 284% year-on-year rise in value in H1 2019—though this was due in large part to a single deal, Saudi Aramco’s announced US$70.4 billion acquisition of a 70% stake in petrochemical firm Saudi Basic Industries...By: White & Case LLP