Shearman & Sterling LLP | USA | 27 Nov 2018
On November 20, 2018, Vice Chancellor Joseph R. Slights III of the Delaware Court of Chancery denied a motion to dismiss a putative class action…
Sidley Austin LLP | European Union, Germany, Ireland, etc. | 12 Mar 2018
The insurance industry has a global reach. Insurers and reinsurers are critically important to the world economy. They assume and transfer all…
BakerHostetler | USA | 3 Oct 2013
A federal district court in Indiana recently ruled that a plaintiff's class action lawsuit could proceed against both a New York private equity firm…
Winston & Strawn LLP | USA | 19 Jun 2012
Third party logistics companies manage any type of vital outsourced process related to the operations of businesses including delivering finished supplies or products and storing and maintaining intermediate and end-of-the-line inventory.
Proskauer Rose LLP | USA | 13 Jul 2011
New Jersey’s Appellate Division has held that parents or affiliates (including a private equity investor) of a company that failed to give required notice of a closing or mass layoff under the New Jersey WARN Act (“NJ WARN”) may be liable for severance pay owed to the employees under the statute.
McDermott Will & Emery | USA | 31 Aug 2010
In M&A transactions, many lawyers (and clients) assume that employee benefits issues are tangential to the overall business deal and will "work themselves out" after the deal closes.
Locke Lord LLP | USA | 3 Apr 2009
The United States District Court for the District of Massachusetts has denied a motion to dismiss a class action claiming that certain private equity firms illegally colluded in the purchase of target companies in leveraged buyout transactions.
Sheppard Mullin Richter & Hampton LLP | USA | 10 Feb 2009
The U.S. District Court for the District of Massachusetts denied a Rule 12(b)(6) motion brought by defendant private equity firms (“PE Firms”) challenging a putative class action complaint brought by a trust, a public retirement trust fund and five individuals.
Reed Smith LLP | USA | 7 Jan 2009
On Dec. 15, 2008, a federal district court judge in Massachusetts denied the motion to dismiss filed by several private equity firms alleged to have engaged in joint-bidding for leveraged buyout (“LBO”) target companies.
Paul, Weiss, Rifkind, Wharton & Garrison LLP | USA | 18 Dec 2008
In a significant decision for private equity firms, hedge funds, and other participants in corporate acquisitions, a U.S. District Court on December 15 denied a motion to dismiss a class action complaint alleging a conspiracy among certain private equity firms to allocate the LBO market on a wide scale.