Skadden, Arps, Slate, Meagher & Flom LLP

D.C. Circuit Reverses Ruling Against Injunction in Whole Foods-Wild Oats Merger
Steven C. Sunshine, Matthew P. Hendrickson, Clifford H. Aronson, August 20, 2008
On July 29, 2008, the U.S. Court of Appeals for the D.C. Circuit reversed the denial of a preliminary injunction sought by the FTC against a merger of Whole Foods Market, Inc. and Wild Oats Markets, Inc., in a ruling that significantly lowers the bar for the FTC to obtain preliminary injunctions to...

The New Anti-Monopoly Law of the People's Republic of China Takes Effect Today
Gregory G.H. Miao, August 19, 2008
Nearly a year after it was adopted inAugust 2007 and 14 years after the drafting process began, the Anti-Monopoly Law (AML) of the People's Republic of China (PRC) takes effect today.

Delaware Supreme Court Answers Questions Certified By SEC; Rejects Stockholder Bylaw Requiring Reimbursement of Proxy Solicitation Expenses
Peter Allan Atkins, Edward P. Welch, Robert S. Saunders, Edward B. Micheletti, August 12, 2008
On July 17, 2008, the Delaware Supreme Court issued its anticipated opinion in CA, Inc. v. AFSCME Employees Pension Plan, which addresses the interplay between 8 Del.C. § 109 (which vests stockholders with the power to adopt, amend or repeal bylaws) and 8 Del. C. § 141(a) (which vests directors...