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7 Jun 2021, 4:38 am by Franklin C. McRoberts
The TIC Holdings Case In the first case, TIC Holdings, LLC v HR Software Acquisitions Group, Inc., 301 AD2d 414 [1st Dept 2003], an LLC sued its member and former manager for breach of fiduciary duty, misappropriation of business opportunity, and tortious interference with prospective business advantage for allegedly “scaring off” potential investors while the company was in “financial straits” to attempt to buy the company for themselves at a… [read post]
27 May 2021, 5:45 am
Background The plaintiffs in the litigation were Snow Phipps Group, LLC, a private equity firm, and DecoPac Holdings Inc., the parent company of a supplier and marketer of cake decorating products to supermarkets for use in their in-store bakeries (together “DecoPac” or the “sellers”). [2] In the early months of 2020, as the COVID-19 pandemic began to worsen, DecoPac negotiated a sale of its cake decoration supply business to private equity firm Kohlberg &… [read post]
21 May 2021, 5:54 am
Newell, Sidley Austin LLP, on Wednesday, May 19, 2021 Tags: Acquisition agreements, Adverse effects, Contracts, Delaware cases, Delaware law, Merger litigation, Mergers & acquisitions, Securities litigation Is Public Equity Deadly? [read post]
21 May 2021, 3:16 am by Lindsay Griffiths
With more than 150 lawyers practicing in all of the major legal specialty areas, Lewis Rice LLC is one of the leading regional law firms in the Midwest. [read post]
19 May 2021, 5:01 am
Last Friday [April 30, 2021], soon-to-be Chancellor McCormick issued a decision in Snow Phipps Group, LLC v. [read post]
18 May 2021, 12:41 pm by Wally Zimolong
According to the opinion, Noah Ostroff was the “president, acting officer, and sole shareholder” of defendant Center City Acquisitions, LLC. [read post]
17 May 2021, 10:27 am by Arthur F. Coon
The trial court denied the Ranch’s petition for writ of mandate and complaint, and the Court of Appeal affirmed that judgment in Clews Land and Livestock, LLC v. [read post]
14 May 2021, 12:59 pm by Ted Max
path=/prelim@title41/subtitle4/chapter83&edition=prelim;  Federal Acquisition Regulations, 48 C.F.R., Part 25; https://www.acquisition.gov/far/part-25; Trade Agreements Act, 19 U.S.C. [read post]
14 May 2021, 12:59 pm by Ted Max
path=/prelim@title41/subtitle4/chapter83&edition=prelim;  Federal Acquisition Regulations, 48 C.F.R., Part 25; https://www.acquisition.gov/far/part-25; Trade Agreements Act, 19 U.S.C. [read post]
14 May 2021, 8:47 am by Ted Max
path=/prelim@title41/subtitle4/chapter83&edition=prelim;  Federal Acquisition Regulations, 48 C.F.R., Part 25; https://www.acquisition.gov/far/part-25; Trade Agreements Act, 19 U.S.C. [read post]
14 May 2021, 8:47 am by Ted Max
path=/prelim@title41/subtitle4/chapter83&edition=prelim;  Federal Acquisition Regulations, 48 C.F.R., Part 25; https://www.acquisition.gov/far/part-25; Trade Agreements Act, 19 U.S.C. [read post]
14 May 2021, 6:07 am
Goldstein, Schulte Roth & Zabel LLP, on Tuesday, May 11, 2021 Tags: Beneficial owners, Corporate Transparency Act, Disclosure, Financial regulation, FinCEN, LLCs, Securities enforcement, Securities regulation, Transparency When a Company Takes a Stand, What is the Board’s Role? [read post]
13 May 2021, 6:31 am by Shane McCall
United States, No. 20-930, 2020 WL 7706975 (2020) reviewed a Defense Logistics Agency (DLA) award for the production of capacitive gloves to Mechanix Wear, LLC (Mechanix). [read post]