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7 Feb 2023, 6:12 am by Jay R. McDaniel, Esq.
  (For a discussion of the grounds for involuntary dissociation, see our post here., When Can a LLC Member Be Expelled?) [read post]
5 Feb 2023, 5:12 pm by Francis Pileggi
           The court added that dissolution has been found to be appropriate in the following circumstances: The LLC’s management has become so dysfunctional . . . that it is no longer practicable to operate the business, such as in the case of deadlock. [read post]
1 Feb 2023, 9:05 pm by renholding
  Pfizer was a major contributor to the level of healthcare M&A, announcing a number of deals, including its $11.6 acquisition of Biohaven Pharmaceuticals, $5.4 billion acquisition of Global Blood Therapeutics and $525 million acquisition of ReViral. [read post]
31 Jan 2023, 1:01 pm by Florian Mueller
On January 19, Microsoft stipulated during a U.S. court hearing (on its motion to stay the so-called gamers' lawsuit in the Northern District of California) that it would not consummate the acquisition of Activision Blizzard King (NASDAQ:ATVI) before March 31, 2023 at the earliest. [read post]
8 Jan 2023, 9:26 am by Rob Robinson
From a legal perspective, the new company is typically organized as either a C-corporation or as a limited liability company (“LLC”). [read post]
13 Dec 2022, 3:07 pm by Greg Lambert
But as you said, we had some good media coverage, discussing what is still I think, relatively new in the law library world, to have librarians talking about API’s to have librarians utilizing API’s coming to understand the technology, advising their institutions on their use, working through licensing and acquisition of API enabled content. [read post]
9 Dec 2022, 9:52 am by Stephen D. Tobin
FAR Part 50 is a lesser-known provision that provides contractors an opportunity for relief when no other contractual clauses are available to do so. [read post]
9 Dec 2022, 3:10 am by Florian Mueller
In March 2021, Microsoft acquired ZeniMax Media Inc. ('ZeniMax'), the parent company of the well-known game developer and publisher Bethesda Softworks LLC ('Bethesda'). [read post]
20 Nov 2022, 11:03 pm by Peter Mahler
He was not persuaded, however, by the defendants’ plea that the “best option going forward is to ‘continue to hold the Property with the reasonable expectation that its value will skyrocket if and when the regulatory environment changes, as it tends to do from time to time in the Dominican Republic.'” Rather, the judge wrote, that option is so speculative, so abstract and so theoretical and its success is not dependent upon the efforts of… [read post]
17 Nov 2022, 1:23 pm by Matthew Dochnal
 We dive into what’s so special about Special Purpose Vehicles, and how they work. [read post]
11 Nov 2022, 9:19 am by Dawn Mertineit and Katherine Perrelli
Comparing MUTSA to the UTSA Ironically, despite the goal of uniformity (not to mention the name itself), the various states including Massachusetts that have implemented a version of the UTSA have not done so uniformly. [read post]
8 Nov 2022, 1:03 pm by Adam Levitin
Now we learn that FTX has itself failed and is getting scooped up in a distressed acquisition by Binance. [read post]
7 Nov 2022, 8:38 am by Paul Pryzant and Matthew Simmons
The parties In a very recent opinion on October 6, 2022, by the Delaware Chancery Court, Kodiak Building Partners, LLC v Adams, Vice Chancellor Zurn ruled that the restrictive covenants imposed on a stockholder in an acquisition were overbroad and unenforceable. [read post]
2 Nov 2022, 3:22 am by Cari Rincker
If so, is the business properly insured to help absorb the potential cost of a judgment or settlement? [read post]