Legal News

Tesla dropped an incredible $1.5 billion on bitcoin on Monday “and signaled its intent to begin accepting the cryptocurrency as a form of payment, sending prices to a record after the vote of confidence from the EV leader and recent stock-market darling” ......By: Robins Kaplan LLP

On February 4, 2021, the Federal Trade Commission (FTC) announced the temporary suspension of grants of early termination of the 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act). Until further notice, all deals will now require the full 30-day review period. The announcement, coupled with the transition to a new administration and proposed legislative reform to the antitrust laws, might foreshadow significant changes to merger review on the...By: Mor...

The beginning of 2021 should have marked the dawn of a new era. As the clocks turned past midnight, there was a collective sigh of relief from the world. 2020 was over and life would begin to return to normal. Sadly, the beginning of 2021 looks set to provide more of the same......By: Vinson & Elkins LLP

The Federal Trade Commission (FTC) announced a new temporary suspension of grants of early termination for Hart-Scott-Rodino (HSR) waiting periods, effective February 4, 2021, while the FTC and the Department of Justice Antitrust Division (DOJ) review the “processes and procedures” used in granting early terminations. In announcing its decision to suspend early terminations, the FTC cited the unprecedented volume of premerger notification filings coinciding with the transition to the new Biden...

For further information, please visit the White & Case Coronavirus Resource Center. The Federal Trade Commission ("FTC") and Department of Justice ("DOJ") announced today that they are temporarily suspending any grants of early termination under the Hart-Scott-Rodino Act ("HSR Act").  The HSR Act is the federal premerger notification program, which requires parties to notify the FTC and…The Federal Trade Commission ("FTC") and Department of Justice ("DOJ") announced today that they are...By: Wh...

One - Latest data from the Investment Association has shown investors plunged nearly four times the amount of cash into responsible investment funds in 2020 than they did in 2019. Responsible investment funds saw net flows of £7.1bn in the nine months to September – around 275 per cent more than the £1.9bn measured in the first three quarters of 2019....By: White & Case LLP

On Thursday, February 4, Senator Amy Klobuchar (D-MN), Chair of the Senate Judiciary Committee’s Subcommittee on Antitrust, Competition Policy and Consumer Rights, announced the introduction of a sweeping antitrust reform bill to set the stage for her tenure as one of the top senators in the antitrust arena in the 117th Congress. The bill, the Competition and Antitrust Law Enforcement Reform Act (CALERA), is broader and more ambitious than the collective bills the Chairwoman introduced in the....

On February 1, 2021, the Federal Trade Commission (FTC) announced revised notification thresholds for determining whether companies or other entities are required to provide notice to the federal antitrust agencies about a proposed transaction under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (HSR Act). If a proposed merger; acquisition of stock, assets or unincorporated interests; joint venture; exclusive licensing arrangement; or other type of business transaction...By...

The FTC and DOJ announced today the temporary suspension of the practice of granting “early termination” of the HSR waiting period. In other words, for the time being, you should assume that any reportable transaction will require the full 30-day waiting period (shorter in all-cash tender offers)....By: Dorsey & Whitney LLP

As 2020 came to a much-anticipated and welcome close, and as we approach the one-year anniversary of the start of the global COVID-19 pandemic, the article reflects on the impacts the health crisis has had on the construction marketplace and surety industry and its likely lasting effects in the years to come. The article surveys industry leaders for their thoughts on how the world has - or hasn’t - changed, and emerging themes and trends identified in our collective thought processes. Please....