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14 paź 2024 · Concurrently with the new rules, the FTC announced the reinstatement of the “early termination program,” which has been suspended since February 2021, again allowing for clearance of certain transactions ahead of the statutory 30-day waiting period for a typical M&A transaction.
8 lut 2021 · On Thursday, February 4, 2021, the Federal Trade Commission (FTC), with the concurrence of the Department of Justice’s Antitrust Division (DOJ), announced that it had suspended the process by which requests for early termination of Hart-Scott-Rodino Act (HSR Act) waiting periods are granted, potentially signaling a more aggressive approach to ...
UPDATE: On February 4, 2021, 1 we reported that the Federal Trade Commission (FTC) and the Antitrust Division of the Department of Justice (DOJ) announced a suspension of the process of granting early termination (ET) of the waiting period for merger and acquisition filings made pursuant to the Hart-Scott-Rodino Act (HSR Act). More than five ...
9 lut 2024 · Discover key strategies for English and Welsh businesses to mitigate legal risks when terminating contracts early. Ensure a smooth, compliant process.
22 gru 2023 · The latest FTC/DOJ Annual Report on Hart-Scott-Rodino filings shows that the “pause” in early terminations is almost complete. The agencies granted only five requests for early termination in all of FY 2022.
10 paź 2023 · The primary purpose of early termination clauses is to mitigate potential risks and establish clear expectations. The ability to set clear early termination conditions allows for more clarity, predictability, and control over the contract’s progression.
10 mar 2022 · Parties to a transaction subject to the reporting requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) must adhere to a statutory waiting period (30 days for most transactions) after filing their Notification and Report Forms before closing on the deal.