Legal Library: Search

If acquiring person is foreign, an acquisition of less than % of the voting securities of any JV is non-reportable. If a controlling interest is being acquired or the acquiring person is U.S., each JV...

Advised that this would be a reportable transaction since 802.51 is not one of the exemptions listed in 802.4

If no Board of Directors, this is not a corporation for HSR purposes, because it by definition would not issue voting securities. Agree with change as noted. B. Michael Verne. 12/31/02

12/24 Advised that entering into bankruptcy severs the chain of control for HSR purposes. If the transfer of SS1 voting stock to S2 occurs after the bankruptcy, 802.30 is not available. N. Ovuka...