Elavon -with- Bank of America, NA. (Securitisation trust and administration services.) [2010] IECompA M10042 (08 December 2010)
The Competition Authority found that the proposed transaction would not substantially lessen competition and therefore cleared the merger.
- Citation
- [2010] IECompA M10042
- Parties
- Acquirer: U.S. Bank National Association; Acquirer: Elavon Financial Services Limited; Acquirer: U.S. Bank Trust National Association; Seller: Bank of America, N.A.; Seller: Bank of America (GSS) Limited; Seller: Bank of America National Trust Delaware
- Jurisdiction
- Ireland
- Judgment Date
- 08 December 2010
- Procedural Posture
- Merger Notification / Clearance Decision (phase 1)
- Outcome
- cleared
- Legal Topics
- Merger Control, Securitisation Trust Services, Administration Services
Case Brief
Summary, issues, holding and outcome
More case intelligence is available
Unlock the full research layer for this judgment.
Parties
U.S. Bank National Association
Acquirer
Elavon Financial Services Limited
Acquirer
U.S. Bank Trust National Association
Acquirer
Bank of America, N.A.
Seller
Bank of America (GSS) Limited
Seller
Bank of America National Trust Delaware
Seller
Procedural Posture
Merger Notification / Clearance Decision (phase 1)
Legal Issues
- 1 Whether the proposed acquisition would substantially lessen competition in the market for securitisation trust and administration services.
Ratio Decidendi
The Competition Authority found that the proposed transaction would not substantially lessen competition and therefore cleared the merger.
Court Disposition
cleared
Orders
- The proposed transaction is cleared.
Full Case Text
Judgment text and source record
Sign in to read
Sign in to read the full judgment text
Sign in to read the full judgment text. Downloads and additional research tools may depend on your plan.
Sign in to read the full judgment