Appeals Court Lifts Block On T-Mobile-MetroPCS Merger

Law360, Houston (November 21, 2012, 5:41 PM EST) -- A Texas appeals court on Tuesday lifted a temporary restraining order impeding a multibillion merger between MetroPCS Communications and Deutsche Telekom AG unit T-Mobile USA Inc., a day after the companies argued the order ignored a shareholder agreement’s venue provision.

In a single-page order, the Texas Court of Appeals for the Fifth District stayed a Dallas trial court’s Nov. 16 restraining order issued on behalf of MetroPCS shareholder Adam Golovoy, who opposes the merger, after the cell phone service providers argued Monday that an agreement governing...
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