On January 7, 2025, the U.S. Department of Justice (DOJ) filed suit against three Texas-based crude oil companies—XCL Resources Holdings, LLC (XCL), Verdun Oil Company II, LLC (Verdun), and EP Energy LLC (EP)—alleging...more
1/14/2025
/ Acquisitions ,
Antitrust Violations ,
Civil Monetary Penalty ,
Contract Terms ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Gun-Jumping ,
Hart-Scott-Rodino Act ,
Mergers ,
Oil & Gas ,
Pre-Merger Filing Requirements ,
Purchase Agreement
On January 10, 2025, the Federal Trade Commission (FTC) announced its annual adjustments to the filing thresholds and fees under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the HSR Act). Because of this year's...more
1/14/2025
/ Acquisitions ,
Antitrust Provisions ,
Competition ,
Department of Justice (DOJ) ,
Federal Trade Commission (FTC) ,
Hart-Scott-Rodino Act ,
Jurisdictional Thresholds ,
Mergers ,
Size of Persons Test ,
Size of Transaction Test ,
Threshold Requirements
On October 10, 2024, the Federal Trade Commission (FTC) unanimously approved a final rule that makes sweeping changes to the substance of premerger notifications required under the Hart-Scott-Rodino (HSR) Act....more
On September 18, 2024, the Federal Trade Commission (FTC) announced that Ryan Cohen, an entrepreneur and the current chairman and CEO of GameStop Corp., has agreed to pay $985,320 to settle charges that his acquisition of...more
9/24/2024
/ Acquisitions ,
Civil Monetary Penalty ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Filing Requirements ,
Hart-Scott-Rodino Act ,
Investment-Only Exemption ,
Personal Liability ,
Shareholders ,
Stock Purchase Agreement ,
Threshold Requirements ,
Voting Securities ,
Wells Fargo
On January 22, 2024, the Federal Trade Commission (FTC) announced its annual adjustments to the filing thresholds and fees under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act). Because of this year's...more