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15Jul

Recent Decision Impacts Complete Successor-In-Interest Claims

We recently wrote about the impacts of mergers and acquisitions (M&A) on pending bids in Bloomberg Law and our GovCon & Trade Blog. A key point discussed in both articles is that a bidding company’s buyer may not have standing to protest if the buyer is not the complete successor-in-interest to the bidding company. The U.S. Court of Federal Claims recently affirmed this principle in a decision it handed down in the case of Centerline Logistics Corp. v. United States issued in May 2020......
By: Bass, Berry & Sims PLC
Source Url: https://www.jdsupra.com/legalnews/recent-decision-impacts-complete-82600/

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