Tinnen Quoted in Reorg About Termination Fees in Alexion Pharmaceuticals Proposed Acquisition of Portola Pharmaceuticals
12 May 2020
Partner Clyde Tinnen was quoted in the Reorg article, “Past Alexion Guidance Bodes Well for Quick Review,” about Alexion’s planned acquisition of Portola in 2020. Although the deal is expected to withstand regulatory scrutiny, Portola would owe Alexion a termination fee in certain circumstances. “All things being equal, break up fees typically do provide a strong protective device for buyers to keep sellers in a deal,” Tinnen said.
(Subscription required)
People
Related News
25 July 2024
In the News
Donald Schroeder on Groff – ‘Supreme Court decision is inviting a more fact-based analysis’
Foley & Lardner LLP partner Donald Schroeder assessed the impact of the U.S. Supreme Court’s 2023 decision in a religious accommodation case as it returns to the district court in the Law360 article, “A Year After High Court Spotlight, Groff Case Still A Bellwether.”
24 July 2024
In the News
Louis Lehot Featured in Q&A on How Startups Can Prepare for IPO
Foley & Lardner LLP partner Louis Lehot features in the Q&A, "How startups can get in top shape for an IPO, according to Silicon Valley lawyer Louis Lehot," part of Business Insider's Road to IPO' series.
24 July 2024
In the News
Courtenay Brinckerhoff on Patent Cap in Drug Pricing – ‘Hard to predict if this will make a difference’
Foley & Lardner LLP partner Courtenay Brinckerhoff discussed a recent bill passed in the U.S. Senate aimed at lowering drug prices by limiting the number of patents that can be asserted in cases over biosimilars in the Law360 article, “Patent Cap In Drug Pricing Bill Seen As Having Muted Effect.”