November 7, 2024

FTC Wins Preliminary Injunction Against Tapestry/Capri Merger: “Accessible” Ordinary-Course Documents Carry the Day

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On October 24, 2024, Judge Jennifer Rochon of the United States District Court for the Southern District of New York issued an opinion and order preliminarily enjoining Tapestry, Inc. and Capri Holdings Limited from closing their proposed merger. The decision is an important victory for the Federal Trade Commission (“FTC”) with implications for future M&A activity.

Click here to read the full Insight: “FTC Wins Preliminary Injunction Against Tapestry/Capri Merger: ‘Accessible’ Ordinary-Course Documents Carry the Day.”