Stinson Leonard Street Dodd Frank

MAKING SENSE OF DODD-FRANK

The Dodd-Frank Act has broad and deep implications that will touch every corner of financial services and multiple other industries. This site, developed and maintained by attorneys at Stinson Leonard Street, is dedicated to making sense of this complex legislation and helping businesses understand how it will affect them specifically. Our Bloggers »

Dodd-Frank M&A

Effect of the New Revenue Recognition Standard on M&A

M&A FASB’s new revenue recognition standard is expected to have wide ranging effects on M&A transactions. The new revenue recognition standard under GAAP (Accounting Standards Update 2014-09; Topic 606) will be applicable to public companies for annual reporting periods beginning after December 15, 2017.  Thus the impact of the new standard should begin to be assessed […] Read more →

by , and   |   September 16, 2017

Minnesota Supreme Court Rejects Delaware Test for Direct Versus Derivative Action

Litigation, M&A In a case arising out of the inversion transaction where Medtronic merged with Coviden, the Minnesota Supreme Court spoke on the proper test of determining when an action is... Read more →

by   |   August 16, 2017

Another Working Capital Claim Fails in Delaware Because of Liability Limitations

Litigation, M&A In Chicago Bridge & Iron Co. N.V. v. Westinghouse Electric Co. LLC, the Delaware Court of Chancery declined to permit the purchaser of a business to recover a working capital... Read more →

by   |   August 10, 2017

Court Considers Fiduciary Duties in Merger under Minnesota Law

Litigation, M&A The United States District Court for the District of Minnesota considered the application of the fiduciary duties of directors in the context of a merger under the Minnesota... Read more →

by   |   August 8, 2017