Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
M&A Shareholder Litigation
Shareholder litigation involving mergers and acquisitions (M&A) has received much attention by courts and commentators. Notwithstanding the increasing scrutiny, especially regarding the propriety and amount of plaintiffs' attorney fee awards, it remains almost inevitable that an entrepreneurial member of the plaintiff's bar will initiate litigation immediately following announcement of a proposed merger or going private transaction by a corporation. See Olga Koumrian, Shareholder Litigation Involving Mergers and Acquisitions, Cornerstone Research 1 (March 2014) (“For the fourth consecutive year, shareholders filed suit in more than 90 percent of M&A deals valued over $100 million.”), available at http://bit.ly/1nqvwS4 (Cornerstone 2014 Report). Indeed, notwithstanding calls for reform, in some respects transaction-related litigation has increasingly, although begrudgingly, become accepted by companies as part of the cost of doing a public company M&A deal.
Many of these lawsuits are resolved through a so-called “disclosure-only” settlement ' meaning that in return for settlement of the lawsuit, shareholders receive supplemental disclosures regarding the proposed transaction and nothing else. According to the most recent available data from Cornerstone Research, in 2012, 81% of the merger and acquisition shareholder suits that resulted in a settlement were disclosure-only settlements. See Robert M. Daines & Olga Koumrian, Shareholder Litigation Involving Mergers and Acquisitions, Cornerstone Research 1 (February 2013 Update), available at http://bit.ly/1l7ZKb4.
This premium content is locked for Entertainment Law & Finance subscribers only
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
- Stay current on the latest information, rulings, regulations, and trends
- Includes practical, must-have information on copyrights, royalties, AI, and more
- Tap into expert guidance from top entertainment lawyers and experts
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
Legal Possession: What Does It Mean?
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.
Warehouse Liability: Know Before You Stow!
As consumers continue to shift purchasing and consumption habits in the aftermath of the pandemic, manufacturers are increasingly reliant on third-party logistics and warehousing to ensure their products timely reach the market.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.