Legal Market

  • United States
  • 05/11/2017
  • Bloomberg Law

• United Continental Holdings Inc. directors were sued by a pension fund for granting a $37 million severance package to the carrier’s former chief executive officer, Jeff Smisek, who was ousted in a bribery scandal in 2015. (Bloomberg)

• After stunning the world with a record $246 billion of announced outbound takeovers in 2016, Chinese dealmakers are now struggling to cope with tighter capital controls and increasingly wary counterparties. (Bloomberg)

• Apple, Google, Amazon and McDonalds: EU Competition Commissioner Margrethe Vestager has challenged them all, and she’s got two and half years left in her term for more investigations. (Bloomberg Businessweek)