Counsel of an investment bank retained CRA in a stock-for-stock M&A transaction dispute. We investigated whether a forensic investigation or third party accounting review would have uncovered the buyer’s fraudulent activities. CRA’s report and deposition testimony contributed to the client’s successful defense against all claims.
Pivotality: A sound new theory of harm in horizontal mergers?
In its review of the Novelist/Aleris merger, the European Commission relied upon a novel pivotality theory of harm, where pivotality indicates that competitors...