Civil Procedure

Read Mergers & Acquisitions Law updates, articles, and legal commentary from leading lawyers and law firms:

News & Analysis as of May 23, 2013

GovCon Deal Bugaboo: Sales Tax Exposure

by Michael Fletcher | Berkeley Research Group, LLC on 4/19/2013

We recently wrapped up diligence proceedings for another GovCon M&A transaction, and the specter of sales tax exposure again reared its ugly head. Time and again we see contractors err in their evaluation of the implications...more

Federal Court of Appeal hears argument on whether “break fees” are income (Morguard)

by Dentons on 11/26/2012

Is a “break fee” received in return for withdrawing from a takeover bid a capital receipt or an income receipt? That was the issue before a panel of the Federal Court of Appeal (“FCA”) on November 20, 2012 in Morguard...more

Federal Court of Appeal to hear argument tomorrow in “break fee” case (Morguard)

by Dentons on 11/19/2012

Tomorrow morning (November 20, 2012), the Federal Court of Appeal is scheduled to hear an appeal by Morguard Corporation (“Morguard”, formerly operating as Acktion Corporation), regarding the taxation of a “break fee”...more

Indian Supreme Court Holds for Vodafone

by King & Spalding on 2/20/2012

On January 20, the Indian Supreme Court handed down a major victory for foreign investors in the landmark case of Vodafone International Holdings B.V. The Vodafone case arose from Vodafone’s 2007 acquisition...more

Comcast Loses California NBI and Non-Unitary Appeal: SBE Finds Comcast Unitary With QVC and MediaOne Termination Fee Business...

by Reed Smith on 2/7/2012

On February 2, the California State Board of Equalization voted 3-2 against Comcast, holding that (1) Comcast was unitary with majority-owned QVC and (2) the fee Comcast received for a failed merger with MediaOne was...more