Legal News

On 4 February 2021 the Federal Trade Commission (FTC) announced that U.S. antitrust agencies will temporarily suspend grants of early terminations of the waiting periods for pre-merger filings made pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976 Act (HSR Act)....By: Hogan Lovells

On 2 February 2021 the Federal Trade Commission (FTC) published the annual jurisdictional adjustments for premerger notification filings made pursuant to Section 7A of the Clayton Act, known as the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act), in the Federal Register....By: Hogan Lovells

Since late 2019, space- and satellite-based companies and other companies in the aerospace and defense sector have been the focus of interest from special purpose acquisition companies (SPACs). Similarly, SPACs have been looked at by many startup space- and satellite-based companies as attractive vehicles for access to the public equity markets after their original venture capital rounds of funding. SPACs may provide an effective vehicle for going public and accessing the public capital market,....

HM Treasury call for input on review of UK funds regime - HM Treasury has published a call for input on its review of the UK funds regime, covering tax, relevant areas of regulation and opportunities for reform....By: Hogan Lovells

Foreign investment control has become a key factor in M&A deals and 2020 was a particularly eventful year. A large number of countries have recently introduced foreign investment control regimes (or tightened their existing rules) and made use of them [these powers] with, for example, prohibitions witnessed in France and Germany....By: Hogan Lovells

We surveyed 550 participants, including GCs, heads of legal or equivalent, chief information security officers or equivalent, COOs and CEOs. The survey covered the automotive, consumer, diversified industrials, financial services and insurance, life sciences, technology and telecoms, and energy and natural resources sectors. We surveyed businesses with annual revenues of US$200m-500m, US$500m-1bn and more than US$1bn. The survey, which took place in the second half of 2020, asked participants to...

Foreign direct investment ("FDI") is an important part of the global economy: OECD data indicates that there was USD$1,426 billion of global FDI in 2019. In recent years, governments around the world have shown an increasing desire to scrutinise and, if considered necessary, intervene in transactions involving FDI, motivated by a number of geo-political factors including rising protectionism, concern about cyber-security threats, and more recently the need to protect critical industries in...By:...

On 14 January 2021, German Parliament passed a comprehensive reform of the German Act against Restraints of Competition ("ARC"). The most important amendments concern the regulation of digital business models. The reform is therefore also known as the "ARC Digitalization Act"....By: Hogan Lovells

TMPR: FCA update on adding new sub-fund to umbrella scheme - The UK Financial Conduct Authority (FCA) has updated its webpage on adding a new sub-fund to an umbrella scheme in the temporary marketing permissions regime (TMPR) to add a link to the final version of the direction made under the Collective Investment Schemes (Amendment etc) (EU Exit) Regulations 2019 (SI 2019/325)...By: Hogan Lovells

On 14 January, the German Parliament passed far-reaching amendments of German antitrust law, the Act against Restraints of Competition (ARC), which also affect merger control. The amendment, also known as the "German Competition Digitalization Act" ......By: Hogan Lovells