Legal News

The Federal Ministry for Economic Affairs and Energy further tightened foreign direct investment control, but the investment climate remains liberal - Pursuant to the German Foreign Trade and Payments Act (Außenwirtschaftsgesetz; AWG) and the German...By: White & Case LLP

In December 2018, a new decree expanded the scope of the French national security review, especially in the technology sector In May 2019, the so-called “PACTE” Law strengthened the powers of French authorities in case of breach of the filing...By: White & Case LLP

Deals are generally not blocked in Finland - The Finnish government views foreign ownership positively as a catalyst for increasing internationalization and competitiveness. Deals are only restricted when they meet very specific criteria. The...By: White & Case LLP

A new European Foreign Direct Investment regulation harmonizing investment controls came into force . In response to increased foreign direct investments (FDI) into European technology assets and an increased call for the EU to take a more active...By: White & Case LLP

While few deals are challenged in Canada, national security reviews are becoming more common and complex. The Investment Review Division (IRD), which is part of the Ministry of Innovation, Science and Economic Development Canada (ISED), is the...By: White & Case LLP

The production tax credit for renewable wind projects under Section 45 of the Internal Revenue Code of 1986 (the "PTC" and "Code") has been extended by one year pursuant to a 2019 year-end federal government budget appropriations bill (the "Extenders...By: White & Case LLP

Most deals are approved, but the landscape is becoming increasingly complex, as more types of transactions are subject to review and some filings are mandatory. The Committee on Foreign Investment in the United States (CFIUS), which is led by the US...By: White & Case LLP

The Italian M&A market experienced positive growth in both domestic and cross-border transactions over recent years, with the number and value of deals steadily increasing, especially since 2017. While neither sellers nor buyers intend for M&A deals...By: White & Case LLP

First Circuit: Two affiliated funds did not form an implied partnership liable for pension obligations of a portfolio company, but private equity funds can still be subject to controlled group pension liability......By: White & Case LLP

Tech M&A has remained strong in 2019, registering only a moderate decline against a much sharper fall in global M&A. The first three quarters of 2019 registered US$267.6 billion worth of deals in the tech sector globally, the third-highest Q1-Q3...By: White & Case LLP