Blurred Lines

By | MoFo Tech | August 26, 2014
Blurred Lines

Mobile payments are taking off, and by 2017, consumers worldwide are likely to be using the technology to spend $700 billion or more annually, according to Forrester Research. But as technology companies look for ways to participate in that growth, they may find risks that they haven’t anticipated.

Family Dollar to Merge with Dollar Tree – Manipulating Antitrust in High Stakes Mergers

By | TMT Perspectives | August 25, 2014
Family Dollar to Merge with Dollar Tree – Manipulating Antitrust in High Stakes Mergers

Family Dollar, a troubled discount store, is up for sale. They have entered an agreement to merge with Dollar Tree for US$8.5 billion. Recently, Dollar General, a competitor, offered US$9.7 billion. On August 21, 2014, Family Dollar’s board unanimously rejected Dollar General’s offer and reasserted their desire to go forward with Dollar Tree. The grounds were that Dollar General failed to address Family Dollar’s antitrust concerns. Somewhat ironically, this rationale has likely given Dollar General a roadmap to a bid that Family Dollar’s board couldn’t refuse without breaching their fiduciary duties.

Bribery, Twice Removed

By | MoFo Tech | August 21, 2014
Bribery, Twice Removed

Charles Duross is the head of Morrison & Foerster’s Global Anti-Corruption Practice. He is the former head of the Department of Justice’s Foreign Corrupt Practices Act unit, where he took a leading role in developing and implementing the government’s anti-bribery enforcement strategy.