St. Lucia: Force Majeure clauses and the Doctrine of Frustration

The COVID-19 Virus was declared a “Public Health Emergency of International Concern” by the World Health Organization (WHO) on January 30, 2020, and was officially declared a pandemic on March 11, 2020. St. Lucia recorded its first case of COVID-19 on March 13, 2020. The number of infected persons has increased since then....By: Dentons
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Dentons | Jul 08,2020 |

NYC Dept. of Buildings’ Moratorium on Wellness Regulations Expires July 8, 2020

The New York City Department of Buildings (DOB) previously issued a restart guidance for resumption of construction. Pursuant to the guidance, construction projects subject to permits issued by the DOB, or otherwise regulated by the New York City Construction Codes and the New York City Electrical Code, may proceed provided such projects comply with the Interim Guidance for Construction Activities During the COVID-19 Public Health Emergency issued by New York State.   The initial 30-day...By: R...
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Rivkin Radler LLP | Jul 08,2020 |

DOJ and SEC Release Second Edition of FCPA Resource Guide

On July 3, 2020, the Department of Justice (“DOJ”) and the Securities and Exchange Commission (“SEC”) released the Second Edition of their Resource Guide to the U.S. Foreign Corrupt Practices Act (the “Resource Guide”). As reported on previously... the Resource Guide was originally released in November 2012. The second edition consists of a compilation of information and analysis regarding the Foreign Corrupt Practices Act (“FCPA”), including the statutory requirements of the FCPA, and u...
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Foley Hoag LLP | Jul 08,2020 |

Key Takeaways from Manufacturing Dealmaker Perspectives Webinar

The sudden arrival of the COVID-19 pandemic in the first quarter of 2020 shocked an M&A market that was riding high coming into the year, and in many ways, the impact of the novel coronavirus on M&A deals is still just coming into focus......By: Bass, Berry & Sims PLC
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Bass, Berry & Sims PLC | Jul 08,2020 |

COVID-19 UK Corporate Creating Certainty in Uncertain Times - Return of the MAC

Businesses around the world have been substantially impacted by the COVID-19 pandemic and are likely to be managing the effects and remaining uncertainties for some time. In this context, we expect to see a shift in risk allocation in the European private M&A market to deal protection mechanisms more synonymous with a buyer’s market and specific provision for COVID-19, such as tailored warranties and covenants. Please see full Publication below for more information....By: Orrick, Herrington & ...
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Orange County to Consider Adopting Temporary Economic Development Measures

On July 7, 2020, the Orange County Board of County Commissioners will consider adopting a Resolution implementing two incentive efforts aimed at “easing the economic burden of development” within the County....By: Lowndes
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Lowndes | Jul 08,2020 |

SEC Issues Final Amendments to Reporting Requirements

In May 2019, the Securities and Exchange Commission (“SEC”) proposed changes to reporting for acquisitions and dispositions by registrants. The proposed amendments resulted from an ongoing, comprehensive evaluation of the existing disclosure requirements and concerns that they were overly cumbersome and slowed access to the capital markets. In May 2020, the SEC issued the final amendments substantially as originally proposed with some changes and clarifications. Please see Publication below f...
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FTI Consulting | Jul 08,2020 |

FTC and DOJ Jointly Issue Vertical Merger Antitrust Guidelines

The Federal Trade Commission and the U.S. Department of Justice this week announced the final version of their first jointly-issued Vertical Mergers Guidelines (the “Guidelines”).  The Guidelines were issued along a party-line vote, with the three Republican FTC Commissioners and the Republican-led DOJ supporting the Guidelines and the two Democratic FTC Commissioners vehemently opposing them....By: Cadwalader, Wickersham & Taft LLP
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MS4/NPDES Permit: City of Little Rock and Arkansas Department of Energy and Environment - Division of Environmental Quality Enter into Permit Appeal Resolution

The Arkansas Department of Energy and Environment – Division of Environmental Quality (“DEQ”) and City of Little Rock (“Little Rock”) entered into a June 19th Permit Appeal Resolution (“PAR”) addressing a previously filed Request for Commission Review and Adjudicatory Hearing (“Request”) before the Arkansas Pollution Control and Ecology Commission (“Commission”). See Docket No. 2010-001-P. Pursuant to the Request, Little Rock challenged a Clean Water Act National Pollution Discharge ...
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EU merger judicial review: where are we now after 02/Three?

For almost as long as EU merger control has existed, scholars and practitioners have discussed and debated the European Commission’s (EC) split roles as investigator, prosecutor, judge, and jury under the EU Merger Regulation (EUMR). It wasn’t until the EU courts overturned three EC prohibition decisions due to manifest errors in assessment in the early 2000s that the discussion shifted to the undeniable need for reform....By: Bryan Cave Leighton Paisner
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Bryan Cave Leighton Paisner | Jul 07,2020 |
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