simplifies the process of providing unvested profits interests to the service providers of a partnership or limited liability company. I. Background A. Structure of an Unvested Profits Interest . The grant of a profits interest in a
Some of the more notable amendments are: 1  Webb-Pomerene Export Trade Act of 1918âThis act promoted exports by encouraging cooperative activities. 2  Robinson-Patman Act of 1936âThis act strengthened the Clayton Act and addressed pricing practices of suppliers and wholesalers.
Section 7 of the Clayton Act prohibits mergers and acquisitions where the effect may be substantially to lessen competition, or to tend to create a monopoly. As amended by the Robinson-Patman Act of 1936, the Clayton Act also bans certain discriminatory prices, services, and allowances in dealings between merchants. The Clayton Act was amended again in 1976 by the Hart-Scott-Rodino Antitrust Improvements Act to require companies planning large mergers or acquisitions to notify the government of their plans in advance.