Texas Court Blasts TRO In T-Mobile-MetroPCS Merger Suit

Law360, New York (January 9, 2013, 9:58 PM EST) -- A Texas appeals court on Tuesday said a lower court abused its discretion in granting a shareholder's request for a temporary restraining order impeding a multibillion-dollar merger between MetroPCS Communications and Deutsche Telekom AG unit T-Mobile USA Inc. and should vacate the order.

The Texas Court of Appeals for the Fifth District conditionally granted a writ of mandamus requested by relators of the companies, saying the communications giants have no adequate remedy by appeal after the lower court issued the temporary restraining order without addressing a...
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