Screen a deal against the Hart-Scott-Rodino thresholds
Key facts
- Human involvement
- RedLawyer-led
- How AI is used
- Place the transaction value, party sales and assets, and deal structure the lawyer supplies beside the FTC threshold table. Do not state whether a filing is required, and write nothing on the Notification and Report Form.
- What the lawyer must review
- 15 U.S.C. § 18a requires both persons to file notification, and to observe a waiting period, before certain acquisitions of voting securities or assets, unless an exemption applies. The waiting period stated in the section is 30 days, or 15 days for a cash tender offer, and it can be extended by a request for additional information. The FTC current-thresholds page says the 2026 adjusted figures took effect on 17 February 2026, including $133.9 million and $535.5 million on the 7A(a)(2)(B)(i) lines, $535.5 million on 7A(a)(2)(A), and $26.8 million and $267.8 million on the 7A(a)(2)(B)(ii) lines. You apply the statute to those figures. On 19 March 2026 the FTC said a district-court judgment vacating the newer form was in effect, that filings are accepted on the form in place before 10 February 2025, and that the February 2025 form is accepted only if a filer chooses to use it. Confirm the form before anyone prepares one.
Who does what
| Role | What they do |
|---|---|
| Assistance | Supporting preparation only. Limit any support to organising, indexing or comparing the source material. Confirm the tool’s capability and permitted scope. The tool writes nothing into the document. Substantive advice, judgement and any restricted content remain with the responsible human. |
| Lawyer | Perform the substantive analysis and decisions. Independently check any permitted supporting work and approve the exact output for its intended use. |
Checklist
- Trace every relied-on figure to its source, confirm dates and assumptions, and independently recalculate totals or derived amounts.
- Check the current court or regulator requirements, prescribed form and attachments for the intended document and filing.
- Verify the applicable jurisdiction and the version of each relevant law, rule or instrument in force at the material time.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.
Forms and precedents for this task
| Form or precedent | Kind | AI use | Summary |
|---|---|---|---|
| Non-binding letter of intent for a stock or asset purchase | Letter | AI use Yellow | Non-binding US letter of intent for a stock or asset purchase. |
Signed-in accounts can read the full text of each one. All precedents.