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Archive by tag: PCReturn

City of Boston Announces Staged Construction Restart, Outlines Expanded Categories and Key Dates

In a memo from Chief of Operations Patrick Brophy, Mayor Martin J. Walsh announced last night that Boston will incrementally expand its categories of allowed construction to further align with Governor Charlie D. Baker’s Order regarding essential...By: Goulston & Storrs PC
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Goulston & Storrs PC | May 11,2020 |

CFPB Provides Flexibility to Land Developers in Response to COVID-19

On April 27, 2020, and as part of its response to the COVID-19 pandemic, the Bureau issued a statement concerning supervisory and enforcement practices against land developers over delays in satisfying certain filing requirements under the Interstate...By: Weiner Brodsky Kider PC
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Weiner Brodsky Kider PC | May 10,2020 |

CARES Act Questions for the Real Estate and Construction Industry - Update

Congress recently passed the economic stimulus package referred to as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act1”) and the Paycheck Protection Program and Health Care Enhancement Act (“PPPHCE Act”) (together, the CARES...By: Schwabe, Williamson & Wyatt PC
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Governor Inslee’s Implementation of Phase 1 Construction Restart—Next Steps

On April 24, 2020, Governor Inslee announced a plan to allow current construction projects to be completed based upon the recommendations of construction workers, contractors, health and safety experts, and local government officials. Significantly,...By: Schwabe, Williamson & Wyatt PC
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Development JVs: Time for a 5-Point Inspection

As we continue to experience and adjust to the impact of COVID-19, real estate development projects are particularly vulnerable.  Although the spectrum of concerns may vary among projects that are "in negotiation" versus those that are already "under...By: Winstead PC
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Winstead PC | May 07,2020 |

Doing Deals In the COVID-19 Era: Renegotiating Price and Other Changes Before Closing

What does Victoria’s Secret reveal about the perilous nature of doing deals in a pandemic? In two words, buyer beware. On February 20, 2020, as the stock market roared to an all-time high, Sycamore Partners inked a $525 million deal to purchase a...By: Goulston & Storrs PC
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Goulston & Storrs PC | May 06,2020 |

[Video] Construction Delays in the Time of Coronavirus: A Legal Perspective

“Time is money.” There are few places where that phrase is truer than in construction, and unfortunately, that truth has been highlighted by the coronavirus pandemic shutting down construction throughout Pennsylvania. Projects currently on standby...By: Cohen Seglias Pallas Greenhall & Furman PC
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OTA & Travel Distribution Update: Expedia abandons rate parity in Australia; Sabre and Farelogix terminate merger agreement; European travel associations urge legislators for use of vouchers over refunds due to liquidity crisis

This week’s Update features a number of updates on previous stories, including our recent story on Expedia’s apparent abandonment of indirect and direct channel rate parity provisions in Australia. Enjoy....By: Foster Garvey PC
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Foster Garvey PC | May 06,2020 |

Federal Communications Commission Penalizes Marriott Vacations for Unauthorized Transfer of Private Radio Licenses

Because many hotels and resorts hold Federal Communications Commission (“FCC”) licenses for the wireless radios that employees use for daily communications on property, the next property acquisition or sale may have more regulatory hoops than you...By: Foster Garvey PC
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Foster Garvey PC | May 02,2020 |

Road and Transportation Construction Moving Forward—Certain Rule Relaxations Make it Easier for Contractors to Keep Building

While the country faces the COVID-19 pandemic, highway and transportation construction is almost uniformly proceeding across the country, even though state and local orders have shuttered other construction work. In fact, due to shelter-at-home...By: Cohen Seglias Pallas Greenhall & Furman PC
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