Legal News

An “earnout” is a deal mechanism used in a merger and acquisition transaction (“M&A Transaction”) which structures the terms upon which a buyer agrees to pay additional consideration to the seller after the closing of the M&A Transaction if certain specified performance targets are achieved post-closing by the acquired business or upon the occurrence of specific events. An earnout is a particularly useful deal mechanism when......By: Jackson Walker

On April 15, 2020, an order from the U.S. District Court for the District of Montana vacated a key general permit pipeline and utility project owners have used for decades to address Clean Water Act requirements, including the Keystone XL oil...By: Jackson Walker

On April 27, Texas Governor Greg Abbott announced his plan for beginning to reopen businesses in Texas. In doing so, he issued a new executive order that, effective May 1, expands the scope of permitted business activities across the state. Governor...By: Jackson Walker

As discussed in the initial article on the new CFIUS regulations, there are two important exceptions from coverage that need to be evaluated in determining what, if any, steps need to be taken to ensure compliance with the new CFIUS regulations....By: Jackson Walker

Growing concern about foreign surveillance and intelligence gathering led Congress to provide CFIUS with authority to review real estate transactions by foreign parties when it passed FIRRMA... Prior to FIRRMA, CFIUS began to act on transactions...By: Jackson Walker

The Committee on Foreign Investment in the United States (CFIUS) is an interagency committee that reviews mergers, acquisitions, and takeovers by foreign persons of U.S. companies and assets that have the potential to pose risk of harm to U.S....By: Jackson Walker

Overtime Pay in the Oil Patch - The boom for domestic energy producers, particularly in the Permian Basin, has been accompanied by the companion challenge of how to compensate transient oilfield service providers within the strictures of the...By: Jackson Walker

The H-1B Specialty Occupation Visa allows companies to sponsor foreign national workers for jobs that normally require at least a bachelor’s degree or its equivalent in a specific field. The H-1B work visa is the most sought-after visa type in the...By: Jackson Walker

On Friday, November 22, 2019, State District Judge Peter Sakai granted a temporary injunction enjoining the City of San Antonio from enforcing the Sick & Safe Leave Ordinance (SSLO), which was due to take effect on December 1, 2019. The City may...By: Jackson Walker

Non-compete agreements have a long, conflicted history under the law. In the first known case on the topic—John Dyer’s Case from 1414!—an English judge found that a non-compete agreement was an unenforceable restraint on trade. The judge felt so...By: Jackson Walker