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
In today’s edition of Daily Compliance News: • How bad is gun violence by white supremacist in Am...
Read More >
Last June, we wrote a Legal Update on Recent Developments in Securities Litigation: The "Event Drive...
Read More >
In the National Labor Relations Board's ("NLRB" or "Board") recent Walmart decision, a majority of t...
Read More >
Seyfarth Synopsis: Knowledge that a competitor or former employee is misappropriating trade secrets ...
Read More >
The suspense is over – the Department of Labor just this morning announced the revised Overtime Rul...
Read More >
The Maryland legislature passed new legislation and revised other legislation throughout 2019. Below...
Read More >