Wahl: ECJ should clarify standstill obligation

Malina McLennan

18 January 2018

European Court of Justice Advocate-General Nils Wahl has provided guidance for companies’ standstill obligations during merger review, in an opinion that said a Danish court should not consider termination of a KPMG network agreement to have violated the obligations of the Danish branch of KPMG while it merged with its Ernst & Young counterpart.