Debevoise & Plimpton LLP is pleased to present our Summer edition of MarketCheck, a periodic report to help M&A market participants navigate today’s complex dealmaking landscape. Each issue of MarketCheck features insights from senior Debevoise lawyers on economic, regulatory and legal topics related to corporate transactions, with a focus on public companies. If you would like to access prior issues of MarketCheck, please click here.

This edition covers a diverse range of topics including the second half of our primer on “Up-C” structures and tax receivable agreements (accompanied by a chart summarizing the treatment of TRAs in selected recent M&A transactions), an update on the FTC’s proposed noncompete ban, discussions of recent amendments to the Delaware General Corporation Law and implications of the Loper decision overturning Chevron. We also feature practice notes, industry updates in insurance, AI and oil and gas and a chart summarizing key differences between Delaware, Nevada and Texas law for select corporate governance matters

The Debevoise M&A Group consistently leads transactions for some of the world’s most prominent corporations, financial services institutions and private equity firms. Debevoise clients receive the hands-on, personal attention of sophisticated M&A partners who have broad experience in public and private M&A and specialize in complex, multifaceted transactions. Intense partner focus, a blend of practice breadth, specialization and teamwork, and a rigorous dedication to quality define the way that Debevoise handles M&A assignments.