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
Venture capital and private equity arrangements often include contractual provisions limiting the ri...
Read More >
Company Fired Employee it Regarded as Disabled, Federal Agency Charges - ORLANDO, Fla. - Pirtek US...
Read More >
The deadline to comply with Kari’s Law was February 16, 2020. Here’s an overview of what employers...
Read More >
Although the case involving North Carolina Highway Patrol Trooper Thomas Wetherington appears to inv...
Read More >
We are delighted to announce the launch of the second edition of our Private Equity Trends Monitor, ...
Read More >
Buyers in M&A transactions should consider a number of due diligence items in response to COVID-19 a...
Read More >