Skip to main content
Date
Rule
803.20 803.21
Staff
Michael Verne
Response/Comments
both parties must respond to the second request (see 803.21), however the 10-day waiting period starts when the acquired person certifies substantial compliance. 4/7/03

Question

Michael Verne
From: (redacted)
Sent: Monday, April 07, 2003 2:48 PM
Cc: (redacted)
Subject: Bankruptcy

Hi Mike - I was hoping that you could confirm myunderstanding of the HSR process in a situation where the acquired person hasfiled under Chapter 11 of the Bankruptcy Code. Please assume that the size ofparties and size of transaction tests are satisfied.

1. The waiting period is 15 days.

2. The 15 day waiting period begins to run afternotification and report forms are filed by both the acquiring and acquiredpersons.

3. If a second request is issued, the waiting period may beextended by 10 days after certification

4. Only the acquiring person must respond to the secondrequest

Thank you.

About Informal Interpretations

Informal interpretations provide guidance from previous staff interpretations on the applicability of the HSR rules to specific fact situations. You should not rely on them as a substitute for reading the Act and the Rules themselves. These materials do not, and are not intended to, constitute legal advice.

Learn more about Informal Interpretations.

Return to top