The US FTC and DoJ issue new premerger reporting rules introducing new obligations for private equity funds and hedge funds

This article has been nominated for the 2012 Antitrust Writing Awards. Click here to learn more about the Antitrust Writing Awards.

New rules issued by the Federal Trade Commission on July 7, 2011 will streamline some information required for the Hart-Scott-Rodino Act (“HSR Act”) Notification and Report Form (the “Form”), but also will impose several new, potentially burdensome requirements on filing parties. Notably, the rules will now require acquiring persons to include information regarding “associates” that operate in the same industry code as the target company. This new requirement will have the most significant impact on private equity funds, hedge funds and master limited partnerships. In addition, the range of documents analyzing the transaction that must be included with the Form has been expanded. The new rules and a new Form will become effective in early August 2011, 30 days following publication in the

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

  • White & Case (Washington)
  • White & Case (Washington)
  • Shearman & Sterling (New York)
  • White & Case (Washington)
  • White & Case (Washington)
  • White & Case (New York)
  • White & Case (Washington)

Quotation

Rebecca H. Farrington, Noah A. Brumfield, Lynn Diamond, George Paul, Mark J. Gidley, Martin M. Toto, Charles Moore, The US FTC and DoJ issue new premerger reporting rules introducing new obligations for private equity funds and hedge funds, 7 July 2011, e-Competitions July 2011, Art. N° 45216

Visites 178

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues