Legal News

The Development: The Bundestag, the German legislature, amended Germany's antitrust laws to include special competition rules for digital platform "companies with overwhelming importance for competition across multiple markets." The amendments, known as the GWB Digitization Act or ARC Amendments, also substantially raise Germany's merger control filing thresholds. The Background: In recent years, the German Federal Cartel Office ("FCO") launched a number of high profile and hotly debated...By:...

Despite unprecedented disruptions to the court system from the COVID-19 pandemic, plaintiffs continued to bring securities class actions at elevated levels in 2020 — a sign that filings will remain high in the year ahead. Based on data from Cornerstone Research through September 30, 2020, plaintiffs were on pace to file approximately 375 federal and state securities class actions through the end of the year. Although lower than the more than 400 actions filed in each of the previous three years...

Further to our February 2020 client alert on Oman's new Foreign Capital Investment Law (FCIL), Ministerial Decision 209/2020 has recently been issued listing 70 activities that must not be undertaken by a company that is subject to the FCIL (New MD)....By: Dentons

Merger control is one of the key pillars in Singapore’s antitrust framework. Its main objective is to preserve the competitive landscape of markets despite mergers, takeovers or the formation of long-lasting joint ventures....By: Dentons

In the recent case of Granite Construction Co., ASBCA 62281, the Armed Services Board of Contract Appeals granted partial summary judgment to a contractor that sought delay damages under FAR 52.242-14, Suspension of Work—overcoming the Government's argument that the delays were contemplated under a separate clause for adverse weather delays....By: Davis Wright Tremaine LLP

The Delaware Court of Chancery’s docket exploded with expedited “broken” deal litigation in 2020, driven by the impact of COVID-19. Beyond pandemic-related merger litigation, stockholder plaintiffs remained focused on claims involving controlling stockholders and increased focus on claims against officers for breaches of the duty of care. There were also significant developments in connection with stockholder statutory books-and-records requests....By: Skadden, Arps, Slate, Meagher & Flom LLP

World Law Group member firms recently collaborated on a Global Venture Capital Guide that covers more than 30 jurisdictions on investment approval processes, typical investment sectors and investment structures on Venture Capital deals (and more!)....By: World Law Group

The covid-19 pandemic has dramatically altered all aspects of life. The acquisition and leverage finance industry has been no exception. M&A activity has slowed down, and hence the leverage financing activity as well. Having said that, there are clearly some defensive industries that have shown resilience to the present crisis (pharma, bio sanitary, food and TMT, for instance). Uncertainty is affecting the capacity of market participants to agree on valuations, creating gaps between the...By: ...

If you’re new to Texas, you’re not the first from California to sing about it. In their 1964 album, The Beach Boys sang about being a “Long Tall Texan.” Nowadays, there’s a lot more about moving to Texas than just singing a song....By: Gray Reed

In our previous client alert, we reported that certain key changes were introduced to the United Arab Emirates (UAE) Commercial Companies Law No. 2 of 2015 (Companies Law). The text of the Federal-Decree Law No. 26 of 2020 amending certain provisions of the Companies Law (the Federal Decree) has now been published in the Official Gazette on 27 September 2020....By: K&L Gates LLP