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Blog: Navigating Today - Public Company Hot Spots and M&A Negotiations with the Impact of COVID-19

With last Wednesday’s categorization by the World Health Organization of COVID-19 as a pandemic, schools, places of business and other venues throughout the United States quickly closed in-person locations and moved to remote connectivity as...By: Cooley LLP
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Cooley LLP | Mar 18,2020 |

COVID-19: FTC’s Premerger Notification Office Adopts Emergency E-Filing Procedures for HSR Filings

Due to the developing COVID-19 coronavirus pandemic, beginning Tuesday, March 17, 2020, the Federal Trade Commission’s (“FTC”) Premerger Notification Office (“PNO”) will, on a temporary basis, significantly change its procedures for the submission of...By: K&L Gates LLP
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K&L Gates LLP | Mar 18,2020 |

Citing COVID-19 Concerns, FTC Suspends Early Termination and Temporarily Institutes E-Filing System

In light of the developing COVID-19 pandemic, the Federal Trade Commission’s Premerger Notification Office ( “PNO”) has announced temporary changes for submitting premerger filings under the Hart-Scott Rodino (“HSR”) Antitrust Improvements Act of...By: Bryan Cave Leighton Paisner
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Bryan Cave Leighton Paisner | Mar 18,2020 |

Protect Your Construction Project from Problems Related to Coronavirus

The impact of COVID-19 on construction and development is evolving each and every day. Issues have arisen, and will continue to arise, with respect to maintaining project schedules, safety concerns, and learning of and complying with the rapidly...By: Rivkin Radler LLP
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Rivkin Radler LLP | Mar 18,2020 |

Dear YouDig? Breaking News - Urgent Steps For Construction Industry

Construction Delays Due to CV-19? ACT NOW! Reserve Your Rights Immediately, YouDig?.......By: Buckingham, Doolittle & Burroughs, LLC
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COVID-19: Public Company Annual Meeting Considerations

As the effects of the coronavirus (COVID-19) continue to develop, public companies are faced with a variety of concerns, including the impact “social distancing” recommendations and restrictions will have on annual shareholder meetings....By: Perkins Coie
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Perkins Coie | Mar 18,2020 |

Delaware Court Of Chancery Holds That A Special Committee Must Be Constituted Ab Initio In Order To Cleanse A Transaction Involving A Conflicted Board Majority

On February 27, 2020, Vice Chancellor Sam Glasscock III denied a motion to dismiss breach of fiduciary duty claims brought by a former stockholder of Intersections, Inc. (the “Company”), challenging the take-private acquisition of the Company....By: Shearman & Sterling LLP
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Shearman & Sterling LLP | Mar 18,2020 |

Sellers Beware! Three Crucial Terms To Review In Your Buyer's Acquisition Financing

During the frenzied period before execution of an acquisition agreement, a seller will be overwhelmed with pressing tasks, so the terms of the buyer’s financing may not be front of mind. There is good reason for this since it is not the seller’s debt...By: Holland & Hart LLP
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Holland & Hart LLP | Mar 18,2020 |

Coronavirus Sparks Changes to Premerger Notification Process at the FTC

In response to COVID-19, the FTC’s Premerger Notification Office (PNO) just announced several changes for all Hart-Scott-Rodino (HSR) filings going forward. While these changes have been described as temporary, no specific end date has been...By: Sheppard Mullin Richter & Hampton LLP
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Yukon Court of Appeal Returns Principles of Fair Value to Public M&A Transactions

In its recent decision in Carlock v. ExxonMobile Canada Holdings ULC, 2020 YKCA 4, the Yukon Court of Appeal (Court of Appeal) overturned an order that set the fair value of shares held by dissident shareholders at a 43 per cent premium above the...By: Blake, Cassels & Graydon LLP
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Blake, Cassels & Graydon LLP | Mar 18,2020 |
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