- On September 16, 2011, the U.S. Department of Justice amended its complaint to enjoin the AT&T/T-Mobile merger to include the states of New York, California, Illinois, Pennsylvania, Massachusetts, Washington, and Ohio as additional plaintiffs. United States v. AT&T Inc., No. 11-cv-1560 (D.D.C.).
- On September 19, 2011, the United Stated District Court for the Northern District of Texas largely denied the motion to dismiss of Verizon Communications, and related entities, against claims that they defrauded investors and creditors via spinoff company Idearc.
USA, Competition & Antitrust, Corporate Finance/M&A, Insolvency & Restructuring, Litigation, Telecoms, ArentFox Schiff, Punitive damages, Bankruptcy, Injunction, Fraud, Dividends, Fiduciary, Debt, US Department of Justice, Verizon Communications, T-Mobile, US District Court for Northern District of Texas
While uncertainties loom around the auto industry, suppliers and OEMs can try to prepare for the road the lies ahead.
USA, Insolvency & Restructuring, Bricker & Eckler LLP, Bond (finance), Bankruptcy, Letter of credit, Credit (finance), Dividends, Accounts receivable, Supply chain, Bailout, Troubled Asset Relief Program, US Federal Government, General Motors, Chrysler, Title 11 of the US Code, Uniform Commercial Code (USA)