19Sep
Anthem/Cigna Litigation Underscores Importance of Antitrust Planning in Transactions
On August 31, 2020, the Delaware Chancery Court issued an opinion in litigation between Anthem and Cigna related to the contract in their terminated merger. In its sprawling 306-page opinion, the court detailed a “corporate soap opera” in which the parties’ “battle for power spanned multiple acts.” Ultimately resulting in a draw, with neither party receiving any compensation, the opinion exemplifies the importance of involving antitrust counsel in all aspects of a transaction that may raise...
By:
Skadden, Arps, Slate, Meagher & Flom LLP
Related
Yesterday, the IRS increased almost every major retirement plan limit as part of its annual cost of ...
Read More >
The French Competition Authority sanctions a grouping of road hauliers for customer allocation - O...
Read More >
Christian Perez-Font and host Tom Fox discuss the importance of data in compliance and in business.....
Read More >
The Internal Revenue Service recently announced its cost-of-living adjustments applicable to dollar ...
Read More >
On October 23, 2019, the Ohio House of Representatives introduced a bill (H.B. No. 380) that would a...
Read More >
The battle over the scope and applicability of the so-called “ABC test” in determining California ...
Read More >