Settlement, Minority Shareholders

First-Ever Fine for No-Poach Agreement and Anti-Competitive Use of Minority Shareholding in a Competitor

WilmerHale on 6/9/2025

Labor markets have increasingly drawn the attention of the European Commission (“Commission”) and national competition authorities in the EU. As early as 2021, then-Competition Commissioner Vestager listed “no-poach”...more

Cartel Facilitated by a Minority Stake in a Competitor Sanctioned by the European Commission

Wilson Sonsini Goodrich & Rosati on 6/6/2025

On June 2, 2025, the European Commission (EC) announced that it had fined food delivery companies Delivery Hero and Glovo a total of €329 million for participating in a cartel in the online food delivery sector in violation...more

ILS 80 Million Penalty for Israeli Banks Over Competing Company Stakes

Barnea Jaffa Lande & Co. on 5/8/2025

Bank Hapoalim and Israel Discount Bank will each pay the State Treasury ILS 40 million within the framework of an administrative settlement (“agreed order”), in respect of their acquisitions of minority stakes in a competitor...more

King Bun Limited and Others v. Lau Man Sang, James and Others - Claim No. BVIHC (COM) 2017/086

Conyers on 12/8/2023

Nov 2023 In August 2021, the BVI Commercial Court handed down judgment on liability in favour of the Claimants against seven directors of Vanway for carrying out a fraud on the minority shareholders, in selling the assets of...more

Court Clarifies Record Date and Indicates Willingness to Approve Proposed Settlement in Renren Derivative Litigation

Patterson Belknap Webb & Tyler LLP on 5/26/2022

In our recent article What Rejected Renren Settlement Means for Investor Suits, we analyzed Justice Andrew Borrok’s decision rejecting a proposed $300 million settlement between Renren, Inc. (“Renren”) and minority...more

Settlement › Minority Shareholders

First-Ever Fine for No-Poach Agreement and Anti-Competitive Use of Minority Shareholding in a Competitor

Cartel Facilitated by a Minority Stake in a Competitor Sanctioned by the European Commission

ILS 80 Million Penalty for Israeli Banks Over Competing Company Stakes

King Bun Limited and Others v. Lau Man Sang, James and Others - Claim No. BVIHC (COM) 2017/086

Court Clarifies Record Date and Indicates Willingness to Approve Proposed Settlement in Renren Derivative Litigation

"My best business intelligence, in one easy email…"