X
22Sep

Mergers and Restrictions on Assignments by “Operation of Law”

Few things are more fundamental to M&A due diligence than determining whether any of the material contracts to which the target is a party require a counterparty’s consent as a condition to the proposed acquisition. And that determination is significantly influenced by the specific language set forth in the contract’s anti-assignment/change of control provision, as well as the form the proposed acquisition takes—i.e., whether the transaction is an asset purchase from the target, a purchase of...
By: Weil, Gotshal & Manges LLP
Source Url: https://www.jdsupra.com/legalnews/mergers-and-restrictions-on-assignments-26378/

Related

Axon Sues FTC Over Use of Administrative Adjudication in Merger Investigations

On January 3, 2020, Axon Enterprises Inc. filed a complaint against the Federal Trade Commission in ...

Read More >

Towards a reform of our pension system with the Pension Agreement!

After earlier failed negotiations in the autumn of  2018 and a national public transport strike, the...

Read More >

President Trump Rescinds Nondisplacement of Qualified Worker Executive Order

On Halloween, President Trump issued an Executive Order rescinding one of the most notable employmen...

Read More >

DOL Issues Update on Joint Employment under the FLSA

For the first time in 60 years, the U.S. Department of Labor updated the Fair Labor Standard Act’s ...

Read More >

Maryland Prohibits Noncompetes for Low-Wage Employees

A new state law in Maryland now prohibits employers from requiring low-wage employees to enter into ...

Read More >

Washington Supreme Court Extends Corporate Privilege to Non-Employee Contractors

More than thirty years ago, the Washington Supreme Court ruled defense counsel may not engage in ex ...

Read More >