Category Archives: Business law

PayPal Agrees to $2.2 Billion Deal for European Payments Start-Up iZettle

The Silicon Valley digital payments company reached a deal for iZettle, which is Europe’s answer to the mobile payments company Square... To continue reading this legal news please click Read full information...

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Common Sense: A Battle for Control, With Far-Reaching Consequences

No matter who wins in the fight over the proposed reunion of CBS and Viacom, both companies will be profoundly affected and the media landscape will be transformed... To continue reading this legal news please click Read full information...

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Late Bid Revision Costs Bidder The Award

When a bidder submits a bid under a sealed bid procurement, it is responsible for ensuring that the bid is timely submitted. But what happens if a bidder wants to revise a bid that’s already been submitted? As a recent GAO case shows, even a revised bid must be timely submitted in order for it to be considered. If a bidder tries to revise its bid too late in the process, it might end up costing itself the award. The facts in Williams Building Company, Inc., B-415317.3 (April 12, 2018) are pretty interesting. The Department of Veterans Affairs issued an invitation for bids for construction services and scheduled the bid opening for 9:00 on September 13. Williams Building Company submitted its bid at 8:30 but, as the deadline for opening drew close, it asked the Contracting Officer if it could change the bid. The Contracting Officer handed the bid back to Williams, who changed the bid and resubmitted it at 9:02. One minute later, the Contracting Officer opened the bids,….. To continue reading this legal news please click Read full information...

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Shari Redstone Says CBS Is Improperly Stripping Her of Power: DealBook Briefing

In response to a lawsuit filed by CBS, Ms. Redstone’s lawyers argue that the broadcaster is violating her rights as its controlling shareholder.. To continue reading this legal news please click Read full information...

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White Collar Watch: Can Sophisticated Investors Be Defrauded? Two Cases Raise Hurdles

Two recent cases show that misstatements are not necessarily enough to prove securities fraud when sophisticated investors are involved... To continue reading this legal news please click Read full information...

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