operation of law assignment

• Delaware Chancery Court Rules That A Reverse Triangular Merger May Constitute an 'Assignment By Operation Of Law'

Reverse triangular mergers are a popular deal structure used to acquire all of the outstanding equity interests of a target company. In a reverse tria...

• Mondaq Business Briefing
• United States Law Articles in English

• Glidden Co. v. Lumbermens Mut. Cas. Co., (Ohio 2004)

Collateral estoppel; insurance coverage; unincorporated division; pre-acquisition risks; assignment; duty to defend; choice of law; operation of law; transfer of liability; successor liability; allocation.

• Ohio Supreme Court

• Delaware Court Finds Reverse Triangular Merger May Violate Contractual Prohibition On Assignments By Operation Of Law

The Delaware Chancery Court, in Meso Scale Diagnostics v. Roche Diagnostics (Apr. 8, 2011), held recently that the acquisition of a company in a rever...

• Mondaq Business Briefing
• United States Law Articles in English

• Technology, Telecommunications & Media Law - Outlook & Perspectives 2011 - Update.

... and to determine the procedure for the assignment and use of numbers according to the Cyprus Numberi... that regulates and governs the operation of electronic communications networks and the prov...

• Mondaq Business Briefing
• Nbr. 2011, January 2011

• The Reverse Triangular Merger Loophole and Enforcing Anti-Assignment Clauses

INTRODUCTION By almost any yardstick, 2007 was a record-setting year for merger and acquisition (M&A) deal volume.1 In 2007, M&A activity levels in the United States hit a record $1.57 trillion and worldwide deals totaled a staggering $4.5 trillion, a 5.5% and 24% increase, respectively, over the previous records set in 2006.2 Not since 2000, when stock prices fueled an intense burst of accelerated M&A activity, has the global M&A market reached such phenomenal highs.3 The boom of M&A activity has been driven by shifting consumer consumption habits, increasing investment from cash-rich private equity firms, and the convergence of media, communications, and technology industries.4 In light of the skyrocketing M&A deal volume in the United States, corporate pr...

... a contract - whether expressly or by operation of law - and the unavoidable need to obtain consen...

• Northwestern University Law Review
• Vol. 103 Nbr. 2, January 2009

• 32 CFR 536.27 - Identification of a proper claimant.

...(f) Transfer or assignment. (1) Under the Antiassignment Act (31 U.S.C. 3727)... null and void except where it occurs by operation of law or after a voucher for the payment has been...

• Code of Federal Regulations - Title 32: National Defense

• Pilkington N. Am., Inc. v. Travelers Cas. & Sur. Co., ___ Ohio St.3d ___ (2006)

Insurance — Commercial general liability insurance — Anti-assignment clause — predecessor corporation may transfer right to indemnification for its tortious activity to successor corporation by contract despite insurance policy’s anti-assignment clause — Assigned right is a chose in action — Chose in action arises at time of covered loss — When a covered loss occurs before liability is transferred to successor corporation, coverage does not arise by operation of law when liability was transferred by contract.

• Ohio Supreme Court

• Mayor's Desk ; New Police Officers

Three new police officers were added to the St. Albans Police Department during the May 21 City Council meeting. William Ty Barker, James Mathew Martin and Jeffery Brandon Perry were sworn into office with their family and friends in attendance. Barker came to the position with a background in law enforcement. He has served as a police officer with the communities of Ansted and Gauley Bridge. Barker was a member of the Central West Virginia Drug Task Force assigned to working drug and violent crime investigations. In addition to municipal policing, Barker has served as a deputy with the Nicholas County Sheriffs Department. He received his certification as a police officer from the West Virginia State Police Academy in 2006. Martin comes to the St. Albans Police Department from the West ...

• Charleston Gazette
• May 30, 2012

• Rita Tristani v. Estelle Richman, (3rd Cir. 2011)

... benefits shall operate as an assignment to [the DPW], by operation of law, of the assistan...

• Federal Circuits

• Saregama India Ltd vs Timothy Mosley, et al, (11th Cir. 2011)

... Clause 7, which describes this assignment, explains the terms this way: [Shak... any means of conveyance or by operation of law, and may be bequeathed by will or ...

• Federal Circuits