LexisNexis® Legal Newsroom
Delaware Court of Chancery Denies Motion to Dismiss Claims Alleging Breach of Duty of Loyalty against Directors in Sale of Company

New Jersey Carpenters Pension Fund v. infoGROUP, Inc., C.A. No. 5334-VCN (Del. Ch. Sept. 30, 2011), read opinion here . Issue Addressed Whether directors breached their duty of loyalty in connection with the sale of a company based on their domination and/or intimidation by the largest shareholder...

M&A: Torys' Top Trends for 2012

Tory’s LLP posted this YouTube video on M&A trends for 2012. (Please visit the site to view this video) With growing economic uncertainty for the year to come, Patrice Walch-Watson and Matthew Cockburn explain that M&A transactions will continue to play an important part of ...

Chinese Merger Control Law is Fusion in its Approach

Excerpt: We often hear about how China's merger review "diverges" from other jurisdictions, most recently in reaction to conditional approvals of the Seagate/Samsung and Western Digital/Hitachi mergers. But China's MOFCOM is merely doing its homework. Similar to "fusion"...

High Court Hears Arguments on State-Action Doctrine in Hospital Merger Case

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on Nov. 26 heard oral arguments regarding whether the state-action doctrine applied to immunize a merger between two Georgia hospitals from the Federal Trade Commission's challenge that the transaction substantially lessened competition...

U.S. Supreme Court: Hospital Merger is not Immune from Antitrust Scrutiny

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on Feb. 19 ruled that the state-action doctrine does not immunize the merger between two Georgia hospitals from the Federal Trade Commission's challenge that the transaction substantially lessened competition in the market for hospital...