Legal News

State governments are issuing orders suspending the full or partial operations of “non-essential” or “non-life-sustaining” businesses. At the time of writing this post, these states include Nevada, Pennsylvania (Order of PA Secretary of Health), New...By: Pierce Atwood LLP

On March 13, 2020, the Federal Trade Commission (“FTC”) and the Department of Justice (“DOJ”) announced that they have adopted a series of temporary changes to their civil merger investigation processes, which will remain in place during the pendency...By: Mitchell Silberberg & Knupp LLP

Antitrust authorities in the United States are implementing emergency procedures in order to continue merger reviews amid the COVID-19 coronavirus pandemic. Effective March 17, 2020, the Federal Trade Commission (FTC) Premerger Notification Office...By: Husch Blackwell LLP

In a legal challenge to a corporate transaction, the applicable standard of review is often outcome determinative. The deferential business judgment rule applies where the board is not majority conflicted. The burden is on the challenger to show bad...By: White and Williams LLP

Earlier this week, we discussed current trends and future implications of COVID-19 on businesses operating in the products arena, noting the most direct impact so far on the pharmaceutical and medical device spaces. Recognizing the potential...By: Butler Snow LLP

The World Health Organization declared the outbreak of the novel coronavirus disease (COVID-19) a pandemic, prompting numerous public and private organizations and agencies to accelerate their contingency plans so as to mitigate continued...By: Sheppard Mullin Richter & Hampton LLP

New York Gov. Andrew Cuomo released information on proposed legislation that is intended to provide relief for workers who are subject to mandatory or precautionary orders of quarantine or isolation due to the COVID-19 outbreak. Additionally, the New...By: Fox Rothschild LLP

China’s new foreign investment regime introduced by the Foreign Investment Law (“FIL”) and its implementation rules, which came into effect on January 1, 2020, should allow PE funds to invest in Chinese domestic companies on terms that more closely...By: Morrison & Foerster LLP

Digital drives deals in every sector, ensuring tech is a primary focus of M&A across the board—even as data challenges multiply. Some say every deal is a tech deal now. Not quite, but the point is well taken. Respondents to our survey rank "the need...By: White & Case LLP

On March 13, 2020, the Federal Trade Commission’s Premerger Notification Office (PNO) announced new procedures for how it will review transactions reportable under the Hart-Scott Rodino Antitrust Improvements Act of 1976 (HSR Act) due to the...By: Davis Wright Tremaine LLP