On June 9, 2020, Simon Property Group (NYSE: SPG), the nation’s largest shopping mall operator, announced the termination of its $3.6 billion merger agreement with Taubman Centers (NYSE: TCO). The merger agreement was signed on February 9, 2020....By: Harris Beach PLLC
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The pandemic and associated lockdown orders changed economic projections virtually overnight. As a result, organizations which were under contract at the onset of COVID-19 – e.g., to merge with or acquire another entity or acquire assets– may be...By: Harris Beach PLLC
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The strong pace of craft brewery acquisitions seen in recent years will likely reverse course in 2020 due to the economic challenges and uncertainty caused by the ongoing coronavirus pandemic. But despite the impact of COVID-19, dealmaking in the...By: Harris Beach PLLC
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Many businesses may be finding themselves in the position of having a pending transaction terminate due to the impact of COVID-19. Buyers, for instance, might be seeking ways to avoid closing a transaction to merge with or acquire a particular...By: Harris Beach PLLC
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The New York Court of Appeals has just erected “new and impossible barrier[s]” for defendants to obtain summary judgment in personal injury cases arising under New York’s Labor Law. On February 18, 2020, the Court of Appeals issued a 4-3 decision in...By: Harris Beach PLLC
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When an organization is considering a major strategic development, such as seeking new investors or perhaps even selling the business, there are critical corporate housekeeping and due diligence steps needed to prepare. But it is also a good idea to...By: Harris Beach PLLC
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The recent rejection of an attempt to dismiss emotional distress claims offers a prescient reminder of the wide breadth of claims a toxic tort plaintiff may prosecute, and the array of damages that may be recoverable. Judge Alison Nathan of the...By: Harris Beach PLLC
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As the first case of Coronavirus appears in New York state, it is in the best interest of school districts and employers to understand and be prepared for issues related to Coronavirus. 2019 Novel (new) Coronavirus (2019-nCoV) is a respiratory...By: Harris Beach PLLC
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On February 26, 2020, the National Labor Relations Board (“NLRB”) released its long-anticipated rule that redefines the agency's test for determining whether businesses can be deemed "joint employers" for purposes of the National Labor Relations Act....By: Harris Beach PLLC
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On January 29, 2020, the NYS Department of Environmental Conservation (“DEC”) issued a new and revised State Pollutant Discharge Elimination System (SPDES) General Permit for Stormwater Discharges from Construction Activity (GP-0-20-001) replacing...By: Harris Beach PLLC
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