01Feb
EU Court of Justice: Financial Investors Liable for Anticompetitive Conduct of Portfolio Companies
The European Court of Justice has confirmed that financial investors can incur parental liability for the anticompetitive practices of portfolio companies, even after an IPO that left the investor holding only a minority stake in the company, provided that they still have sufficient representation at the board of directors. This judgment is of major interest…...
By:
Dechert LLP
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