The Federal Trade Commission (FTC) released the annual changes to the minimum size of transaction threshold under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976, as amended. The minimum reporting thresholds will increase by approximately 4.4% over the 2019 thresholds.

In their article for Business Law Today, Tod Northman and Lauren Lipsyc discuss the boundary of "proper purpose" for corporate books and records review in Delaware.

In their article for Crain's Cleveland Business, Chris Hewitt and Jayne Juvan offer advice to boards for navigating the inevitable recession.

A Delaware court recently held that a stockholder’s disagreement with a business decision of the board of directors and the intention to pursue a bone fide proxy contest is not a "proper purpose" to support a demand to inspect the corporation's books and records. In their article for Bloomberg Law, Tod Northman and Lauren Lipsyc say the court’s decision clarifies what had been a "murky" legal landscape.

On January 9, Bunzl plc, an international distribution and services group based in London, announced that it has acquired Joshen Paper & Packaging, a Cleveland-based company that operates from locations across the United States.

An FTC proposed rule seeks to clarify when a transaction is exempt from pre-merger notification under the Hart-Scott-Rodino Act because the entity involved is foreign. In their article for Bloomberg Law, Tod Northman and Natalie Fine explain that the change centers on the determination of an entity’s "principal offices," decided by the primary location of its executives and assets.

On November 7, Jayne Juvan provided commentary to Law360 in "How Attys Can Capitalize on PE's Health Care Craze." The article focuses on the increasing activity of private equity firms in acquiring healthcare companies, even in light of a potential recession.

On October 31, Tucker Ellis LLP and Elizabeth Park Capital Management co-hosted the Sixth Annual Banking Forum at the Cleveland office of Tucker Ellis. Held on Halloween, the "M&A Spooktacular" began with opening remarks to the 65 attendees from Pat Oliver and a welcome from event co-chairs Glenn Morrical and Fred Cummings, President of Elizabeth Park Capital Management.

The Business Roundtable, responding to cultural changes, has broadened what the purpose of a corporation should be. In their article for Bloomberg Law, Tod Northman and Savannah Fox explain that this won’t require directors to disregard their legal duties owed to shareholders, only that the path to profit will change.

In their article for Corporate Compliance Insights, Tod Northman and Savannah Fox discuss how environmental, social, and governance (ESG) initiatives can create long-term value and generate returns.