Andrew Noreuil

Mayer Brown

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Delaware Law Alert: The Delaware Supreme Court Further Validates Forfeiture-for-Competition Provisions—What It Means for M&A Deals

In a notable holding, the Delaware Supreme Court has confirmed that forfeiture-for-competition provisions generally are not subject to reasonableness review, greatly enhancing the likelihood of their enforceability. LKQ...more

2/27/2025 / Acquisitions , Competition , Contract Terms , Delaware , Employment Contract , Forfeiture , Mergers , Non-Compete Agreements

Navigating the New HSR Act: Implications for M&A Transactions

In this episode, Mayer Brown partners Gail Levine and Andrew Noreuil discuss recent changes to the Hart-Scott-Rodino (HSR) Act and their impact on M&A transactions. Our partners provide insight into the new regulatory...more

1/8/2025 / Acquisitions , Antitrust Provisions , Competition , Department of Justice (DOJ) , Hart-Scott-Rodino Act , Merger Controls , Mergers , Pre-Merger Filing Requirements , Premerger Notifications

Delaware Supreme Court Upholds Forfeiture-for-Competition Provision in Limited Partnership Agreement

On January 29, 2024, in Cantor Fitzgerald, L.P. v. Ainslie, the Delaware Supreme Court reversed a Chancery Court holding that a forfeiture-for-competition provision in a limited partnership agreement was unenforceable as an...more

3/28/2024 / Business Disputes , Business Litigation , Competition , Contract Terms , DE Supreme Court , Forfeiture Statutes , Limited Partnership Agreements , Limited Partnerships , Unenforceable Contract Terms

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