On July 13, 2010, the Court of Appeals for the Third Circuit ruled in IUE-CWA v. Visteon Corporation (In re Visteon) that despite a debtor‟s unilateral right to modify or terminate retiree benefits outside of bankruptcy, the debtor must still comply with the restrictions set forth in section 1114 of the Bankruptcy Code when seeking to modify or terminate those benefits during a chapter 11 case.

On 13 August 2010, the proposed acquisition of Alcon, Inc (Alcon) by Novartis AG (Novartis) was approved by the Ministry of Commerce (MOFCOM), with conditions. MOFCOM’s public announcement in relation to this acquisition is located here. This is the 6th merger that has been approved with conditions, since the enactment of the Anti-Monopoly Law (AML) in 2008.

The Joint Venture will provide security solutions, or trusted execution environments, for consumer electronic devices.

The new amended Arbitration Act 2015 (‘Amended Act') was introduced on 23 October 2015 in the form of an Ordinance.

Purchasers of public companies focus on negotiating the best terms for the acquisition. Price, break-up fees, deal protections (such as voting agreements or matching rights), closing conditions and required actions to facilitate regulatory approval or obtain financing all are key deal considerations for buyers.

In China, pre-merger notification is required when the entities participating in the merger possess a certain amount of turnover. Specifically, pre-merger notification is mandatory when, during the previous fiscal year.

With 2019 seeing modest slowdowns in both M&A deal volumes and deal values compared to 2018, industry participants entered 2020 cautiously optimistic about the potential for automotive M&A deal growth...

The Isle of Man High Court has confirmed that it will in appropriate cases make orders protecting the privacy of settlors, beneficiaries and trust affairs.

Recent turmoil in the credit market highlights the precarious position of several of the large monoline insurance firms.The monolines have provided irrevocable financial guarantees to a multitude of structured transactions, including many of the sub-prime ABS and CDO’s.

The session was chaired by Sverker Bonde (Advokatfirman Delphi, Stockholm) who had invited a distinguished group of panellists to provide insights and strategies for a company in a corporate crisis.

Perhaps no stage of trial proceedings is less discussed, less understood, and more avoided than voir dire—or jury selection.

2005 was a notable year in bankruptcy, and not only because it saw some of the largest public company filings ever. The all-time hit parade of chapter 11 "mega" cases added three new stars in 2005. Delta Airlines (tenth on the all-time list) was the first to file in September.

Artificial intelligence (AI) is front of mind for federal and state law enforcement and regulators. With the rise of accessibility to generative AI-technology, prosecuting...

August 1, 2012 marks the fourth anniversary of China's Anti-Monopoly Law ("AML").

Much ink has been spilled on and off the bench on the locus of a judgement debtor in garnishee proceedings who, has been given varying judicial appellations in the past in a bid to so define his fate; from busybody to ...

This month we focus on the EEOC's proposed rules concerning wellness programs.

In 2018, it is difficult to imagine a lawsuit, or workers compensation claim, which does not involve electronically stored or transmitted information.

The coming into effect of the Antimonopoly Law (the AML) on 01 August 2008 saw China introducing a comprehensive merger control regime modelled upon the EC Merger Regulation. The new regime became operative upon the adoption of the State Council’s Regulation on Notification Thresholds for Concentrations of Undertakings (the Notification Regulation) on 3 August 2008.

SEC enforcement actions often include allegations that corporate officers affirmatively misled a company’s outside auditors as part of a scheme to commit and perpetuate an accounting fraud.