Legal News

On February 1, 2021, the Federal Trade Commission (FTC) announced revised notification thresholds for determining whether companies or other entities are required to provide notice to the federal antitrust agencies about a proposed transaction under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (HSR Act). If a proposed merger; acquisition of stock, assets or unincorporated interests; joint venture; exclusive licensing arrangement; or other type of business transaction...By...

What Happened - On December 15, 2020, the Federal Deposit Insurance Corporation (FDIC) adopted a final rule, effective April 1, 2021, setting forth conditions, commitments, and requirements for the approval of deposit insurance applications, changes in control, and merger transactions in which an insured industrial bank or industrial loan company (ILC) would become a subsidiary of a company not subject to consolidated supervision from the Federal Reserve Board that would directly or indirectly...

What can we really say about 2020?—a year more unique than any year we can remember. For financial institutions, it was a year that started off with lots of hope and drifted into levels of significant concern as COVID-19 took hold, but slowly has returned to a sense of “cautious optimism” about the year ahead. Below, we have shared our top five takeaways in 2020 and what to expect in 2021....By: Manatt, Phelps & Phillips, LLP

Discover the Trends in Healthcare Transactions, the Drivers Behind the Changes and What Lies Ahead as Stakeholders Deal With the Pressures of the Pandemic... After years of growth, healthcare deal activity slowed in the first half of 2020, with deal volume slipping below 500 for the first time since 2015. As it did in every aspect of our lives, the COVID-19 crisis had a chilling effect on healthcare transactions. But will that effect cause a sustained change in the healthcare transactions...By:...

Yesterday, Governor Newsom signed AB 1561 (Garcia/Greyson) extending most residential entitlements for 18 months. During periods of economic downturn, a blanket extension of tentative tract maps has not been uncommon, but the extension provisions of this bill go far beyond tentative maps. More specifically, any applicable time frame for expiration of any “housing entitlement” as defined, is extended by 18 months. This extension applies to any such entitlement issued prior to and effective on....

After years in the making behind closed doors, on February 14, 2020, the California Department of Toxic Substances Control (DTSC), the San Francisco Bay Regional Water Quality Control Board and the California State Water Resources Control Board released their draft Supplemental Guidance: Screening and Evaluating Vapor Intrusion (VI Guidance). Despite extending the public comment period due to COVID-19, on June 1, 2020, the state closed the opportunity for the public to comment on the VI...By: Ma...

On April 6, 2020, the Judicial Council of California (Council) adopted a court rule that tolled statutes of limitations for all civil causes of action until 90 days after the Governor declares that the state of emergency is lifted. This meant that...By: Manatt, Phelps & Phillips, LLP

Governor Gavin Newsom’s stay-at-home Executive Order N-33-20 adopted on March 19, 2020, imposed on all of California the greatest restrictions seen nationally to date to deal with the COVID-19 crisis. However, critical to the business community, the...By: Manatt, Phelps & Phillips, LLP

Physician practice acquisitions and/or equity investment by nontraditional players, such as health plans, private equity investors, venture capitalists and large employers, is a growing trend. These new entrants give physicians additional options for...By: Manatt, Phelps & Phillips, LLP

Editor’s Note: In a new toolkit prepared for the Robert Wood Johnson Foundation, summarized below, Manatt Health helps insurance regulators understand the wide range of transparency and competition strategies available to them, including new and...By: Manatt, Phelps & Phillips, LLP