US DOJ and FTC Issue Vertical Merger Guidelines

The U.S. Department of Justice and Federal Trade Commission on June 30, 2020, published in final form the agencies’ Vertical Merger Guidelines (Vertical Guidelines). They are designed to increase the transparency of the agencies' analysis of mergers and acquisitions between firms that operate at different stages of the supply chain—for example, a manufacturer of finished products’ acquisition of a vendor of components incorporated in those products. The Vertical Guidelines are modeled after ...
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Perkins Coie | Jul 11,2020 |

Highlights of the new Implementing Regulation of the Construction Service Law

The government of Indonesia issued a new regulation concerning Implementing Regulation of the Construction Law on 21 April 2020. The new regulation may have a significant impact on business activities related to construction services, specifically the technical provisions related to construction services. What’s in the new regulation? Please see full article below for more information....By: Dentons
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Dentons | Jul 11,2020 |

How soon until infrastructure's digital revolution becomes the "new normal"?

The Centre for Digital Built Britain (CDBB) continues to develop a systems-based vision for UK infrastructure and to improve understanding on how a digital approach could be used to better design, build, operate and integrate our built environment. One of CDBB's recent reports, Flourishing Systems - Re-envisioning infrastructure as a platform for human flourishing, places people, connections, sustainability and digitalisation firmly at the heart of that vision and the support and service of...By...
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Dentons | Jul 11,2020 |

DOJ and FTC Issue New Vertical Merger Guidelines

On June 30, 2020, the U.S. Department of Justice (“DOJ”) and the Federal Trade Commission (“FTC”) (together, the “Agencies”) issued new Vertical Merger Guidelines (“Guidelines”). These Guidelines mark the first time the Agencies have issued joint guidelines on vertical mergers, and replace the DOJ’s 1984 Non-Horizontal Merger Guidelines. The new Guidelines follow the Agencies’ earlier release of Draft Vertical Merger Guidelines (“Draft Guidelines”) in January 2020 and provide importa...
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Weil, Gotshal & Manges LLP | Jul 11,2020 |

Philadelphia Zoning, Land Use, and Construction COVID-19 Update

The Ballard Spahr Zoning and Land Use Team is continuing to monitor all aspects of the Philadelphia land use approval process during the COVID-19 emergency, including the issuance of zoning and building permits, regulation of construction work, and changes to relevant court filing deadlines....By: Ballard Spahr LLP
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Ballard Spahr LLP | Jul 11,2020 |

Delaware Standards of Review (UPDATED)

In the context of an M&A transaction, practitioners are routinely left to navigate the various standards of review that are applied by the Delaware courts to evaluate whether a Delaware corporation’s directors have complied with their fiduciary duties. Determining which standard of review will apply to a given transaction is particularly critical — depending on the applicable standard, a Delaware court may heavily scrutinize a transaction or determine that the directors may face personal...By:...
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Troutman Pepper | Jul 10,2020 |

Foreign Direct Investment Screening in Europe and the Middle East

One effect of the COVID-19 pandemic has been to accelerate the implementation of new or stricter controls on inward-bound foreign direct investment activity ("FDI"), particularly in the European Union. For example, in March 2020, the European Commission issued revised guidance encouraging EU Member States to make full use of their FDI screening regimes. More recently, the French, Dutch, German, Italian, Spanish and British governments all tightened their respective FDI screening regimes. These...
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Jones Day | Jul 10,2020 |

Governor Extends COVID-19 Related Emergency Order Opening Door for Additional Extensions of Permits and Development Orders

This is a follow up to our previous client alert regarding potential extensions of permits and development orders based on the gubernatorial COVID-19 state of emergency.  On July 7, 2020, Governor DeSantis issued Executive Order No. 20-166, extending the state of emergency declared by Executive Order No. 20-52, which was previously extended by Executive Order No. 20-114, for another sixty (60) days throughout the State of Florida....By: Bilzin Sumberg
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Bilzin Sumberg | Jul 10,2020 |

The FTC and the DOJ finalize new vertical merger guidelines

As noted in a previous publication, the Federal Trade Commission (FTC) and the U.S. Department of Justice (DOJ) have been developing new vertical merger guidelines to supersede and replace the guidance issued by the DOJ in 1984. That work is now complete and the new vertical merger guidelines have been issued.   ...By: Bricker & Eckler LLP
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Bricker & Eckler LLP | Jul 10,2020 |

Massachusetts District Court Holds Contractors Are Not Additional Insureds on Developer’s Builder’s Risk Policy

In Factory Mut. Ins. Co. v. Skanska United States Bldg., No. 18-cv-11700-DLC, 2020 U.S. Dist. LEXIS 95403 (Skanska), the United States District Court for the District of Massachusetts considered whether contractors on a construction job were additional insureds on the developer’s builder’s risk insurance policy. After a water loss occurred during construction, the builder’s risk insurance carrier paid its named insured for the resultant damage, and subsequently filed a subrogation action agai...
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White and Williams LLP | Jul 10,2020 |
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