Of all the stories we have highlighted this year regarding successful mergers, it is ironic that a proposed deal that ultimately did not happen would involve tuna. Nevertheless, a recent LA Times.com report described how a proposed merger between Thai Union Group and...
As we noted in our prior post, last week's decision by the Federal Reserve to increase interest rates may not initially affect Chapter 11 bankruptcy filings. However, as future increases are implemented, it is possible that future "363 sales" may be affected. After...
Wednesday was a seminal moment in the finance industry. The Federal Reserve announced that it would raise its benchmark interest rates by .25 percent. The rate has hovered around zero for the past seven years since the great financial crash of 2008. It is also...
While much of the news regarding mergers and acquisitions has involved so called “mega mergers” with companies worth billions of dollars, we would be remiss if we ignored the swath of middle market mergers that have occurred in 2015. According to a number...
With the forecast of mergers and acquisitions being favorable for 2016, the importance of having experienced legal counsel involved in the process from beginning to end cannot be understated. For companies unfamiliar with the process, they may underestimate the value...
In a prior post, we highlighted a few trends that could spell the end of Chapter 11 bankruptcies for large businesses. Essentially, these enterprises have levered their assets in a way that makes the business difficult to reorganize because so many other unrelated...
Recently, the California Court of Appeal ruled that an automobile dealership that translated a sales contract into Spanish, but neglected to include the arbitration clause in the translated agreement, could not enforce the arbitration agreement. In Ramos v. Westlake...
Many of our posts have highlighted the boom of mergers and acquisitions this year as the convergence of “cheap” money, tax benefits and potential shareholder benefits have led many companies to purchase competitors or complimentary enterprises. Indeed, a...
When Congress approved the current Chapter 11 bankruptcy law in the late 1970s, it was imagined that this part of the code would allow distressed businesses to leverage economic and legal interests in their companies so that they may attract buyers that would infuse...