Welcome to the thirteenth survey of sponsor-backed going private transactions prepared by Weil, Gotshal & Manges LLP. We hope that you will find this information thought-provoking and useful. This survey analyzes and summarizes for the reader the...By: Weil, Gotshal & Manges LLP
Read More
The recent Delaware Court of Chancery decision in Frederick Hsu Living Trust v. ODN Holding Corporation found that the defendants’ conduct in effecting a partial redemption of preferred stock was “entirely fair.” In the complaint, the plaintiff...By: Weil, Gotshal & Manges LLP
Read More
It is a basic tenet of private company business acquisitions that buying assets from the target, rather than acquiring the equity of the target, allows the buyer to avoid taking on any of the target’s liabilities that are not expressly assumed. And,...By: Weil, Gotshal & Manges LLP
Read More
There are few things more basic to the legal due diligence of a target company than determining whether the acquisition will trigger any required consents under change-of-control or anti-assignment clauses contained within certain “material”...By: Weil, Gotshal & Manges LLP
Read More
As the COVID-19 pandemic continues to disrupt markets and shake the global economy, the full impact on private equity transactions remains unknown. Many businesses have had to shut down or drastically change their operations because of governmental...By: Weil, Gotshal & Manges LLP
Read More
Today, data is a valuable asset for all organisations, not just ‘tech’ companies. Regardless of sector or geography, organisations are using an exponentially increasing amount of data from a variety of sources. These large datasets, if exploited...By: Weil, Gotshal & Manges LLP
Read More
Welcome to Weil, Gotshal & Manges LLP’s survey of private investments in public equity transactions (“PIPEs”) in the United States. In preparing this survey, we reviewed and analyzed the material terms of 11 PIPEs consummated between January 1, 2018...By: Weil, Gotshal & Manges LLP
Read More
As the number of novel coronavirus (COVID-19) cases continues to climb, and health officials consider the means of counteracting its spread, private equity professionals and their counsel need to consider the impact this outbreak may have on their...By: Weil, Gotshal & Manges LLP
Read More
After almost two years of scrutiny by state and federal regulators and an ensuing court battle, T-Mobile US, Inc. (“T-Mobile”) is moving forward with its acquisition of Sprint Corporation (“Sprint”). Although the case is unlikely to incite a change...By: Weil, Gotshal & Manges LLP
Read More
Almost everyone can remember a time when you asked permission to do something that your mother thought was ill-advised, dangerous or just plain stupid. And when your mother said “no” and you protested that all your friends were doing it, your mother...By: Weil, Gotshal & Manges LLP
Read More