Despite M&A activity expected to decrease because of the COVID-19 pandemic, several deals have closed. Provident Healthcare Partners published a white paper exploring the structure of the deals that ...
The seminal 'MFW' decision, in 2014, ushered in an era of even further expanded deference. MFW provides a pathway for early dismissal of challenges to M&A transactions under the business judgment ...
We previously liked the investment thesis for L Brands based on the prospect of separating Victoria's Secret from Bath & Body Works. Thursday's earnings call revealed a transaction structure that is ...
The capital structure of a company directly impacts its profitability and ability to continue as a going concern. If a company is over-leveraged and cash flows are insufficient to meet recurring debt ...
In In re GGP Stockholder Litigation, 2022 WL 2815820 (Del. July 19, 2022), an M&A transaction split the merger consideration into two parts: an oversized pre-closing dividend totaling over $9 billion, ...
Special purpose vehicles (SPVs) are commonly employed as a structuring tool in many cross-border and structured finance transactions, and collateralised loan obligation (CLO) transactions are no ...