Dodd-Frank M&A
Spin-Offs and Successorship Clauses
M&A In 2006, the media conglomerate News Corporation, referred to as Old News Corp, entered into a Settlement Agreement to settle stockholder litigation filed in Delaware in 2005. Subject to certain exceptions, the Settlement Agreement prevents Old News Corp during a period of twenty years from maintaining a stockholder rights plan for longer than one year […] Read more →
Fed Eases Small Bank M&A Rules
Banking, M&A The Board of Governors of the Federal Reserve Board has modified its Small Bank Holding Company Policy Statement to facilitate the sale of smaller community banks. Under the final... Read more →
SEC Chair White Warns on Fee Shifting Bylaws
Litigation, M&A, Public Companies and Securities In remarks at a conference attended by M&A professionals, SEC Chair White gave her views on fee shifting bylaws. Currently the SEC staff is focused on making sure the... Read more →
SEC Charges 13D Filers With Failure to Disclose Going Private Plans
Litigation, M&A, Public Companies and Securities It’s well known that Federal securities laws require beneficial owners to promptly file an amendment when there is a material change in the facts previously reported by them on... Read more →