On April 29, International Law Office republished an article by Ropes & Gray attorneys in its Corporate/M&A newsletter. In the article, private equity partner James Lidbury (Hong Kong) and business & securities litigation counsel Martin Crisp (New York) analyze the opinion by the First Department of the New York Supreme Court in connection with Ambac Assurance Corp v. Countrywide Home Loans, Inc. The opinion held that the common interest privilege protected pre-merger communications between parties that ultimately consummated a change-in-control transaction.
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