Legal News

Internet data center (“IDC”) projects in China have attracted ever-increasing investment interest from investors outside of China. Post-COVID-19 outbreak, this sector has become even hotter as more businesses seek to move online, thus driving greater...By: Morrison & Foerster LLP

The third of a six-part series examining six specific and evolving rights plan provisions. As discussed in greater detail in some of our prior articles,[1] a shareholder rights plan is a protective measure used by a public company to deter (though...By: Morrison & Foerster LLP

The second of a six-part series examining six specific and evolving rights plan provisions. As discussed in greater detail in some of our prior articles, a shareholder rights plan is a defensive measure used by a public company to deter (though not...By: Morrison & Foerster LLP

The first of a six-part series examining six specific and evolving rights plan provisions. An increasing number of companies are choosing to adopt shareholder rights plans (otherwise known as “poison pills”) in response to the steep declines in...By: Morrison & Foerster LLP

In recent weeks Congress has authorized funding for a number of programs intended to provide relief to small- and medium-sized businesses and certain particularly hard-hit industry sectors, as well as to American businesses more generally. The...By: Morrison & Foerster LLP

The COVID-19 crisis is highlighting pressure points in pending M&A deals that were negotiated before the pandemic’s effects became widespread. Last week, private equity firm Sycamore Partners terminated its deal to purchase a 55% share of L Brands,...By: Morrison & Foerster LLP

In 2019, the number of large PE transactions in Latin America increased significantly. According to the Emerging Markets Private Equity Association, Latam had a record PE influx of $4.4 billion in the first half of 2019. By the end of 2019, Latam had...By: Morrison & Foerster LLP

In 2019, the number of large PE transactions in Latin America increased significantly. According to the Emerging Markets Private Equity Association, Latam had a record PE influx of $4.4 billion in the first half of 2019. By the end of 2019, Latam had...By: Morrison & Foerster LLP

Neither rain nor sleet nor quarantine restrictions stop bid protests or our monthly roundup. Thus far the virus has not resulted in dramatic changes to GAO processes, as they have been almost completely electronic from the start. It is possible,...By: Morrison & Foerster LLP

Over the last month, each of the major stock market indices has experienced extreme volatility and a broad-based decline in value, largely in response to the coronavirus pandemic. The bellwether Dow Jones Industrial Average has declined 34%, while...By: Morrison & Foerster LLP