Legal News

Market Trends: What You Need to Know - Over the past several years, an express right, or obligation, of sellers to update disclosure schedules between signing and closing is becoming less common. Originally Published in Bloomberg Law - November 2020....By: Goulston & Storrs PC

There are numerous obstacles facing developers attempting to repurpose a golf course. It can be politically controversial. Nearby residents often oppose the idea of replacing a low intensity, visually pleasing quasi-natural environment with a development that could bring in more people and more traffic. Golf courses are often viewed as open-space amenities, and homes abutting golf courses may be worth more than similar homes that don’t. In an economic downturn, though, it can be expected that.....

2018 saw the enactment of important changes to CASPA, a Pennsylvania law that helps contractors and subcontractors enforce their contractual payment terms. In this Western Pennsylvania Chapter of NECA webinar, Matt Gioffre, Lisa Wampler, and Dan Fierstein will review CASPA basics and highlight key aspects of the 2018 changes. They will explain how contractors can take advantage of the new provisions, such as the right for contractors and subcontractors to suspend work for nonpayment under...By: ...

The virus that causes COVID-19 has ushered in unprecedented times for our country and our global community. Certainly, the pandemic is impacting the way M&A transactions are looked at, papered, implemented, and even priced. This article identifies some of the higher-level, pandemic-related considerations evolving in the private company M&A world....By: Goulston & Storrs PC

This article covers cases from Southwestern Reporter (Third) volumes 560 through 580 and federal cases during the same period that the authors believe are noteworthy to the jurisprudence on the applicable subject. This Survey period saw a number of cases of first impression, covering issues involving the waiver of security interest for failure to take remedial actions, the right for outsider reverse veil-piercing, and whether a limited partner could waive the attorney–client privilege for the....

As we have noted in previous posts, it can become critical for the majority owner of a private company to remove a business partner who holds a minority ownership stake in the business and who is causing major dysfunction in the company. See “The Devil You Know: Pick Business Partners Wisely and Plan For Problems Ahead” By the same token, a minority investor may desire to exit the business when the majority owner is taking actions that benefit himself to the detriment of the company. This is....

2018 saw the enactment of important changes to CASPA, a Pennsylvania law that helps contractors and subcontractors enforce their contractual payment terms. In this Mechanical & Service Contractors Association of Eastern PA webinar, Matt Gioffre and Dan Fierstein will review CASPA basics and highlight key aspects of the 2018 changes. They will explain how contractors can take advantage of the new provisions, such as the right for contractors and subcontractors to suspend work for nonpayment under...

Since the early days of the COVID-19 crisis in the U.S., it has been a recurring theme to turn on the news and see that yet another big-name retailer is rumored to be on the brink of filing, or has already filed, for bankruptcy....By: Goulston & Storrs PC

Freddie Mac and Fannie Mae recently announced, in response to the COVID-19 crisis, a new adverse market refinance fee to be imposed on certain refinance mortgages.  Initially, the fee was effective for refinance mortgages with settlement dates on or after September 1, 2020.  However, on August 25, 2020, the Federal Housing Finance Agency (FHFA) directed Freddie Mac and Fannie Mae to delay the implementation date until December 1, 2020.......By: Weiner Brodsky Kider PC

The last thing a party wants is a construction claim rising to the level of needing a mediator, judge, or arbitrator to find a resolution. The cost of the claims process can be detrimental to a company, not only in the obvious costs like attorneys’ fees but also in time losses as executives and project personnel sit in depositions or court. Unfortunately, disputes happen, and many cannot be resolved by the parties alone. In this webinar, Cohen Seglias’ Construction Contracts & Risk Management...