X
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/

Related

Chancery Court Finds Merger Agreement’s “No Use” Provision Preserves Seller’s Privilege

In Shareholder Representative Services LLC v. RSI Holdco, LLC, C.A. No. 2018-0517-KSJM (Del. Ch. May...

Read More >

OFCCP Proposes Rulemaking to Codify Compliance Evaluation Procedures

On December 30, 2019, OFCCP issued a Notice of Proposed Rulemaking on Nondiscrimination Obligations ...

Read More >

Antitrust Enforcement Agencies Adopt Final Vertical Merger Guidelines

On June 30, 2020, the Antitrust Division of the Justice Department and the Federal Trade Commission ...

Read More >

New Laws for California Employers in 2020

The California Legislature and Governor Newsom have passed a sizable list of new laws governing the ...

Read More >

How soon until infrastructure's digital revolution becomes the "new normal"?

The Centre for Digital Built Britain (CDBB) continues to develop a systems-based vision for UK infra...

Read More >

Chicago Gets Its Fair Workweek: City Council Unanimously Passes Ordinance

City Council approved the Chicago Fair Workweek Ordinance by unanimous vote on July 24, 2019. This p...

Read More >