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Archive by tag: Morgan LewisReturn

Towards a New EU ‘Anti-Subsidy Tool?’

The European Commission (EC) is currently working on legislative proposals (the White Paper) that would grant the EC new enforcement powers to address potential competition distortions caused by companies operating in or entering into the EU’s...By: Morgan Lewis
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Morgan Lewis | Jun 11,2020 |

Potential UK Reforms Could Increase Screening of Certain Foreign Takeovers

The UK Parliament’s Foreign Affairs Committee has issued a “call for evidence” as part of its ongoing review of the UK government’s role in intervening in certain foreign takeovers of UK companies and potentially blocking foreign asset stripping in...By: Morgan Lewis
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Morgan Lewis | Jun 05,2020 |

Navigating PPP Loans In M&A Transactions

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, among other economic stimulus measures, provides targeted relief to small businesses through its Paycheck Protection Program (PPP). The PPP and other government loan programs implemented...By: Morgan Lewis
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Morgan Lewis | Jun 04,2020 |

DOJ Updates Corporate Compliance Evaluation Guidance: New Refinements Stress that Programs Need to be 'Empowered to Function Effectively'

The US Department of Justice’s (DOJ’s) Criminal Division published an update on June 1 to its Evaluation of Corporate Compliance Programs guidance, which is used by its prosecutors to assess the adequacy and effectiveness of corporate compliance...By: Morgan Lewis
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Morgan Lewis | Jun 03,2020 |

SEC Adopts Extensive Revisions To Rules Governing Financial Information Of Acquired And Disposed Businesses

The US Securities and Exchange Commission on May 20, 2020 adopted a series of amendments to its rules and forms relating to disclosure requirements for financial statements relating to acquisitions and dispositions of businesses. The changes are...By: Morgan Lewis
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Morgan Lewis | Jun 02,2020 |

UK Takeover Panel: COVID-19 and UK Lockdown Insufficient to Trigger MAC Conditions

The offeror for Moss Bros sought to rely on standard material adverse change conditions to lapse the offer, on the basis of the impact of the coronavirus (COVID-19) pandemic and related UK governmental measures on Moss Bros....By: Morgan Lewis
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Morgan Lewis | Jun 01,2020 |

COVID-19: Temporary Amendments to German Competition Law Enter Into Force

Two key amendments to the German competition law entered into effect on May 29, 2020, temporarily extending merger control review periods and temporarily suspending interest payments for antitrust fines, further to a bill adopted by the German...By: Morgan Lewis
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Morgan Lewis | Jun 01,2020 |

Sports Investment Amid COVID-19: Playing Smart in Turbulent Times

Investors pursing global investment opportunities across the sports industry should be aware of the key considerations likely to apply to the M&A process amid the coronavirus (COVID-19) pandemic....By: Morgan Lewis
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Morgan Lewis | May 27,2020 |

Amendments to Japan Foreign Exchange and Foreign Trade Act Now in Effect

The amendments aim to promote foreign direct investments for sound economic growth, while still ensuring sufficient review of foreign direct investment activities that could pose risks to national security in Japan....By: Morgan Lewis
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Morgan Lewis | May 12,2020 |

COVID-19: Control of Foreign Direct Investments in France

Evidence is growing of a hardening of French public policy regarding the need for political control of acquisitions of French companies and other foreign direct investment (FDI) transactions. In part this is prompted by a hardening of policy at the...By: Morgan Lewis
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Morgan Lewis | May 12,2020 |
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