On 13th August 2013, the US Department of Justice (DOJ) and attorneys general from six US states and the District of Columbia filed suit in the US District Court for the District of Columbia to block the merger between US Airways and American Airlines. Days before, a group of American Airlines customers filed a claim that the merger would violate Section 7 of the Clayton Act.
USA, Aviation, Competition & Antitrust, Corporate Finance/M&A, Insolvency & Restructuring, Litigation, Bryan Cave Leighton Paisner (Bryan Cave), US Department of Justice, American Airlines
In my recent blog posting, I discussed the factors that courts will consider before setting aside an elected condominium board of directors to impose a court-appointed administrator.
Below are some examples where the courts have intervened and appointed an administrator. They include situations where:
Canada, Insolvency & Restructuring, Real Estate, Heenan Blaikie LLP, Board of directors, Condominium