09Oct
Jurisdictional issues in deals involving joint ventures: Review of the General Court judgment in HeidelbergCement and Schwenk Zement (T-380/17)
The judgment provides useful jurisdictional clarifications for deals involving joint ventures (JVs) acting as an acquirer. The General Court (GC) confirms that when the true players behind the transaction are the parent companies, rather than the JV - because they did the deal valuation, negotiated the transaction structure, and determined the purchase price - the parent companies are the relevant undertakings to consider when determining whether the merger thresholds are met. This can have a...
By:
Latham & Watkins LLP
Related
DOJ Antitrust Division successfully uses private-style arbitration for first time to block a merger,...
Read More >
On 11 February 2020 Federal Trade Commission (FTC) announced that it has issued Special Orders to fi...
Read More >
On October 2, 2020, the U.S. Small Business Administration (SBA) released a Procedural Notice provid...
Read More >
The Centers for Disease Control and Prevention recently published interim guidance for businesses an...
Read More >
On Sunday June 21, 2020, the Mexican Banking and Securities Commission ("CNBV") ?in charge of the an...
Read More >
Transactions by special purpose acquisition companies, or SPACs, exploded in 2020, resulting in a 32...
Read More >