China Fast-Track Merger Plan Unlikely To Speed Deal Reviews
Law360, New York (June 12, 2012, 10:46 PM EDT) -- A proposal by China's antitrust regulator to create a fast-track merger review system for simple transactions is unlikely to speed reviews in most cases because the threshold for qualifying mergers is too restrictive and the agency is chronically understaffed, attorneys said Tuesday.
The draft proposal, which the regulator began circulating to law firms and other stakeholders in late May, would create three separate categories of transactions with different timelines of review based on whether the deal qualifies as simple, normal or major.
But despite some of the Ministry of Commerce's earlier comments suggesting its system would be similar to the European...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!