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DOJ Declination of Private Equity Firm Underscores Need for Robust M&A Due Diligence

JD Supra: Mergers

Attorney’s Office for the Southern District of Texas, announced that they would not prosecute White Deer Management LLC (“White Deer”), a Texas‑based private equity firm, in connection with sanctions and export control violations committed by Unicat Catalyst Technologies LLC (“Unicat”), a portfolio company it had acquired in 2020.

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U.S. Private Equity Market Recap - April 2025

JD Supra: Mergers

private equity market. The drop in March deal count pushed Q1 deal count to the lowest quarterly level since the onset of the pandemic in Q2 2020. Read our latest insights into the U.S. We cover monthly deal activity and size, fundraising, exits, leveraged loans, and a look ahead.

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Delaware Court Of Chancery Finds That Controller Sale Of Company Did Not Harm Minority Interests

JD Supra: Mergers

On January 7, 2025, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery issued a post-trial decision in favor of defendant, a private equity fund (the Fund), finding that the Funds sale of a portfolio company (the Company) was protected by the business judgment rule and did not harm the interests of minority stockholders.

Sale 165
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SPAC (Re-)Attack: Top Considerations for Issuers Considering a De-SPAC Transaction

JD Supra: Mergers

Continued volatility in the equity capital markets has revived what was thought to be a zombie after 2022 – the SPAC. There is an old investment banking mantra that they can do an IPO in a down market or an up market, but not a volatile market.

IPO 165
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Delaware Court Of Chancery Denies Motion To Dismiss Claims Regarding Squeeze-Out Merger Because Special Committee Members Were Allegedly "Interested"

Shearman & Sterling

On February 26, 2020, Chancellor Andre G. challenging the take-private buyout of the company by its controlling stockholders and a private equity firm. Bouchard of the Delaware Court of Chancery denied a motion to dismiss breach of fiduciary duty claims brought by former shareholders of AmTrust, Inc., Stockholder Litigation, C.A.

Mergers 52
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Jefferies US equity sales trader joins Stifel

The TRADE

At Jefferies, she served as a US equity sales trader from April 2020 to March 2024, executing and managing US equity trades for institutional clients. Chakar brings nine years of industry experience to her new position, covering both trading and sales trading across global markets.

Sale 52
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Cboe Clear Europe gets regulatory green light to launch securities financing transactions clearing

The TRADE

Vikesh Patel With this approval, the pan-European clearing house will introduce a service for European SFT transactions in cash equities and ETFs, which includes central clearing, settlement and post-trade lifecycle management. However, the group now believes it has the correct recipe for success.

Finance 69