InterConnect - Winter 2017

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As any mergers and acquisitions (M&A) practitioner knows, one of the keys to a successful transaction is ensuring that all of the moving pieces come together smoothly at the appointed time for closing. Regulatory issues especially can impact considerably the time and expense associated with consummating a deal. Given their regulatory nature and the number of third parties generally involved in the deals, this is undoubtedly true when it comes to the acquisition and disposition of companies in the transportation and logistics fields. As a result, M&A professionals should ensure that they seek the counsel of attorneys experienced with the rules and regulations of the Federal Motor Carrier Safety Administration (FMCSA) and any other relevant federal or state agency. Since the nuances of the regulatory regime can greatly affect deal structure, regulatory attorneys should be consulted at the commencement of the transaction to avoid unexpected delays as the deal nears completion.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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