7 HSR Filing Reminders From Berkshire Hathaway Case
Law360, New York (September 26, 2014, 5:26 PM EDT) -- The recent civil penalty levied on investment holding company Berkshire Hathaway Inc. for failure to notify under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 reminds investors that Hart-Scott-Rodino reportability must be vetted even in transactions that are less obviously seen as "acquisitions."
Although HSR reportability is usually a key consideration in large-scale mergers and negotiated stock and asset purchases, transactions such as conversions, incremental stock purchases, and option exercises — all equally "acquisitions" under the act — may sometimes fail to attract the same level of HSR scrutiny, opening the door to inadvertent (and costly) violations. An investor must typically make...
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!