Legal News

For the first time since 2010, the Federal Trade Commission (“FTC”) has decreased the dollar jurisdictional thresholds necessary to trigger the reporting requirements in the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR Act”); the revised thresholds were published in the Federal Register on February 2, 2021, and will become effective on March 4, 2021....By: Cadwalader, Wickersham & Taft LLP

In the age of globalization and international trade, transportation and logistics have become hot topics, impacting business-to-business and consumer behaviour worldwide. The COVID-19 pandemic brought a redefined realization to our integrated world in early 2020, and has likely changed the industry for good....By: Dentons

On February 1, 2021, the U.S. Federal Trade Commission (FTC) issued for publication in the Federal Register the annual revisions to the jurisdictional thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act). The new thresholds are scheduled to become effective March 4, 2021 and will apply to transactions consummated on or after the effective date. The HSR Act requires the FTC to revise the thresholds annually based on changes in the gross national product (GNP)....By: W...

Our Antitrust and M&A Groups analyze this year’s Federal Trade Commission decreases to its thresholds under the Hart–Scott–Rodino Antitrust Improvements Act and Section 8 of the Clayton Act for the first time since 2010, plus adjustments to maximum civil penalties....By: Alston & Bird

Jim Hansen, Head of Investment Banking at Opportune Partners LLC, gives his thoughts on the state of oil and gas M&A activity and what to expect in 2021. Originally published in the January 2021 issue of Financier Worldwide Magazine (FW). ...By: Opportune LLP

The Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) requires parties to transactions meeting certain size thresholds to make notification filings with the Federal Trade Commission and the Antitrust Division of the U.S. Department of Justice and to observe a waiting period before closing. On February 1, 2021, the Federal Trade Commission announced decreases in the reporting thresholds under HSR....By: Smith Anderson

In a direction consistent with 2020, the filing thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (HSR Act) will decrease. Following statutory amendments made in 2000, the thresholds are adjusted annually based on changes in the U.S. gross national product (GNP). A key effect of this year’s indexing is that transactions will only be reportable if the Size of Transaction exceeds $92 million, a decrease from 2020’s $94 million threshold....By: Bryan Cave Leighto...

Along with the HSR filing thresholds, the Federal Trade Commission recently lowered the interlocking directorate thresholds under Section 8 of the Clayton Act. Section 8 prohibits, with certain exceptions, one person from serving as an officer or director of two competing corporations (the “interlocking directorate”) if certain thresholds are met....By: Bryan Cave Leighton Paisner

The global M&A market staged a remarkable recovery in the second half of last year, despite an escalating pandemic and deep political turmoil. As 2021 begins, we identify the most significant trends likely to shape dealmaking in the months ahead and ask: can growth be sustained? Please see full Publication below for more information....By: Allen & Overy LLP

On February 2, 2021, the Federal Trade Commission (FTC) announced the annual adjustment of the thresholds that trigger premerger reporting obligations (and the mandatory waiting period) under the Hart-Scott Rodino (HSR) Act. The new thresholds will apply to transactions closing on or after March 4, 2021 (that is, 30 days after publication of the announcement in the Federal Register)....By: Dorsey & Whitney LLP