Legal News

Precision Castparts Corp. purchased companies with manufacturing facilities in the United States and Germany for €800 million. After the sale closed, Precision discovered that the seller had “manipulated financial documents of the acquired companies to show that they were ‘high margin’ and ‘high cash flow’ businesses. In fact, the acquired companies were ‘functionally insolvent.'”...By: Carlton Fields

As companies transition employees back to work, many are wondering how to do so in a safe, productive way, and how to navigate the legal and regulatory and practical challenges that may arise. In this webinar, speakers from Centinel Consulting and Carlton Fields will discuss strategies and best practices for returning people to work safely, including: - Emergency room realities and basic protections for employees - Updates on the latest codes, laws, and regulations governing workplace...By:...

In this matter, plaintiff Marisco Ltd. hired defendant GL Engineering & Construction (GL E&C) to construct and deliver a floating dry dock. Marisco alleged that GL E&C’s principals misrepresented their experience and ability with respect to constructing dry docks, causing GL E&C to deliver the dry dock late......By: Carlton Fields

For the summer 2020 meeting of our Community & Development series, leaders in the banking, accounting, and legal industries discussed the initial impact of the CARES Act and the Paycheck Protection Program (PPP), the challenges and concerns associated with its implementation, and the future of potential stimulus programs. We were joined by Melissa Henry, director at CBIZ MHM LLC; Owen LaFave, Pinellas County market president at Bank of Tampa; and Ken Tinkler, shareholder and government law...B...

On June 10, Gov. Ron DeSantis signed HB 1339 into law, making it easier to develop affordable housing throughout Florida. A notable provision within the pages of HB 1339, now Chapter 2020-27, Laws of Florida, allows cities and counties to approve...By: Carlton Fields

The U.S. District Court for the Middle District of North Carolina has compelled arbitration over a party’s objection that the dispute at issue was not within the scope of the arbitration clause and that arbitration was precluded by the opposing...By: Carlton Fields

As a result of the global COVID-19 pandemic, owners with active construction projects are now facing a tsunami wave of issues that in many cases must be immediately addressed....By: Carlton Fields

Federal construction contractors are wise to take note of two major developments involving their compliance obligations under federal equal employment opportunity (EEO) laws enforced by the Department of Labor's Office of Federal Contract Compliance...By: Carlton Fields

COVID-19 has disrupted many industries, and the construction industry is no exception. Besides the disruptions that have occurred because of supply chain delays and worker unavailability, some local jurisdictions are now ensuring that the disruptions...By: Carlton Fields

For many years, the development industry in Florida has been able to extend building permits, development orders, and other government approvals during the time period when the governor declares a state of emergency, pursuant to Florida Statutes...By: Carlton Fields