Proposed HSR Rule Changes Will Revamp Premerger Filing Requirements For Partnerships And LLCs.
Mondaq Business Briefing › Nbr. 2004, May 2004
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Summary
Hart-Scott-Rodino Act
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Proposed HSR Rule Changes Will Revamp Premerger Filing Requirements For Partnerships And LLCs.
On March 30, 2004, the U.S. Federal Trade Commission (FTC) published significant proposed changes to the Hart-Scott-Rodino Act (HSR) premerger notification rules. These proposed changes, if adopted, will fundamentally change HSR treatment of partnerships and limited liability companies (LLCs), both at the time of formation as well as for post-formation transfers of interests in those entities. The HSR imposes mandatory premerger notification and waiting period requirements for transactions...
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