Topic
Cerberus
46 published works
M & A Law Prof Blog
Cerberus/URI opinion — Quick Assessment of the Winners and Losers
Access the opinion here. Chandler begins: In classical mythology, it took a demigod to subdue Cerberus, the beastly three-headed dog that guarded the gates of the underworld.1 In his twelfth…
M & A Law Prof Blog
On Hiatus Today/URI
I'll be on hiatus today. Hopefully, we'll have a decision by tomorrow on URI. I am very curious to see if Chandler finds that there was no common understanding of…
M & A Law Prof Blog
URI: A Timeline And Some Questions and Thoughts on the Parol Evidence
So, here is what I believe to be a good timeline of the negotiating history pieced together from Swedenburg's testimony: July 12: The lawyers meet, go through the merger agreement…
M & A Law Prof Blog
URI: Where Does it Stand?
An update after day one of the trial on my thoughts on the URI dispute and where it stands. Points 1-6 are from my prior post last week and provide…
M & A Law Prof Blog
URI: Sketching a Settlement and the Possible Bank Hold-up
So, I've been thinking this morning about the parameters a settlement of the URI dispute would take and the potential pitfalls and problems. First, assuming the settlement is a reduction…
M & A Law Prof Blog
URI Trial Delayed By One Day
Well -- I was all set to post up a pre-trial preview when I read this morning that the parties had agreed to postpone the trial date by one day…
Securities Law Prof Blog
United Rentals and Cerberus Postpone Trial
United Rentals and Cerberus agreed to delay by one day the start of the trial in the Delaware Chancery Court to pursue a settlement. United is suing Cerberus over its…
M & A Law Prof Blog
URI: The Path Ahead
Chancellor Chandler's denial of URI's summary judgment motion yesterday means that there will now be a full trial starting next Monday on the merits. For those who like to parse…
M & A Law Prof Blog
URI: Where Does it Stand?
An update on my thoughts on the URI dispute and where it stands. URI filed its latest briefs under seal so we, unfortunately, have to stop at the Lowenstein, Sandler…
M & A Law Prof Blog
The Expert Testimony of Peter R. Ehrenberg
Cerberus has filed with the court the affidavit of Peter R. Ehrenberg, a well-respected M&A attorney at Lowenstein & Sandler and senior counsel to Cerberus on the URI deal. The…