X
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
Source Url: https://www.jdsupra.com/legalnews/jurisdictional-issues-in-deals-22876/

Related

CFIUS 2.0: Treasury Releases Comprehensive Rewrite of CFIUS Regulations, Flood of Filings Expected in 2020

On September 17, 2019, the Treasury Department, on behalf of the full Committee on Foreign Investmen...

Read More >

COVID-19 and the Construction Industry: Important Considerations (For Information Purposes Only Not Intended as Legal Advice)

COVID-19 has created a severe disruption to the construction industry. Certain jurisdictions, includ...

Read More >

UK Parliamentary Committee Calls for Change to Enforcement of Discrimination Rights Amid Proposals to Rejuvenate Outdated System

In an effort to update UK discrimination law, the Women and Equalities Committee of the UK Parliamen...

Read More >

Upcoming Changes to EB-5 Visa Regulations for Foreign Investors

In January 2017, the Department of Homeland Security (DHS) proposed to change the EB-5 Visa regulati...

Read More >

Limited Prohibition on ‘No Rehire’ Clauses

California Governor Gavin Newsom has signed legislation that prohibits “no rehire” clauses in sett...

Read More >

Proposed Rule Grants Broad Authority to Block Information and Communications Technology Services Transactions

On November 27, the U.S. Department of Commerce issued a proposed rule and request for comment relat...

Read More >