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EY / KPMG - The ECJ provides welcome guidance on the stand-still obligation in mergers

On 31 May 2018, the EU’s Court of Justice gave judgment in the EY / KPMG case on whether the EU suspension obligation was violated when KPMG’s Danish unit terminated a material contract prior to receiving competition clearance for its merger with Ernst & Young. 
A link to the briefing is available in the link below.

EY KPMG ECJ Judgment
(PDF - 69.2 KB)

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