The Ropes Recap: Mergers & Acquisitions Law News

Alert
April 8, 2015
1 minutes

Linked is the First Quarter 2015 edition of the Ropes & Gray M&A Newsletter. Topics addressed in this edition include:

News from the Courts 

  • Chancery Court Denies Enforcement of Drag-Along Right in Transaction Where Notice to Minority Stockholders Improperly Provided After Majority Stockholder Approval 
  • Price Paid to Ancestry.com, Inc. Stockholders Determined to be Fair, Despite Contrary Arguments from “Appraisal Arbitrage” Investors 
  • In Earnout Dispute Cases, Chancery Court Rules on Implied Covenant of Good Faith and Scope of Arbitration 
  • Chancery Court Declines to Apply Fee-Shifting Bylaw to Former Shareholder 
  • Substantial Damages Awarded for Breach of Contractual Obligation to Negotiate in Good Faith 

Delaware Legislative Update

Notable Deals 

  • Kraft and Heinz to Merge in Deal Orchestrated by Warren Buffet and 3G Capital 
  • Bidding War Ends for Salix Pharmaceuticals 

London Update 

  • The Small Business, Enterprise and Employment Bill: Timeline for Implementation of Key Corporate Aspects 

Asia Update 

  • China Continues Foreign Investment Reforms by Revising Foreign Investment Catalogue

Authors

Patrick  Diaz
Chief of Legal Knowledge Management
See Bio