On February 6, 2024, Judge Jennifer L. Rochon of the United States District Court for the Southern District of New York dismissed with leave to amend a putative class action asserting claims under the Sections 10(b) and 14(a) of the Securities Exchange Act .
So-called Con Ed provisions emerged as M&A practitioners' response to Consolidated Edison, Inc. v. Northeast Utilities, a 2005 case in which the 2nd U.S. Circuit Court of Appeals.
The European Commission's ("Commission") substantially revised Market Definition Notice ("Revised Notice") will make it significantly easier for it to allege that mergers.
In a pathfinding decision, the Delaware Chancery Court has specified the standards of conduct and review that apply to a controlling stockholder's exercise of its voting rights to block board action.