A recent Supreme Court ruling curbing a labor agency’s power to win immediate court orders is at the center of a tiff in the Federal Trade Commission’s bid to block a deal in the fashion accessories sector.
Tapestry Inc. and Capri Holdings Ltd., which control such labels as Michael Kors and Versace, argue the opinion adds to the burdens the FTC must meet to get a court order temporarily freezing the $8.5 billion deal. The FTC has countered that the case, which deals with the National Labor Relations Board, is irrelevant.
The procedural squabble comes before the FTC’s challenge of ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.