Legal News

The Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) requires parties to transactions meeting certain size thresholds to make notification filings with the Federal Trade Commission and the Antitrust Division of the U.S. Department of Justice and to observe a waiting period before closing. On February 1, 2021, the Federal Trade Commission announced decreases in the reporting thresholds under HSR....By: Smith Anderson

The North Carolina Supreme Court recently issued a decision in Crescent University City Venture, LLC v. Trussway Manufacturing, Inc. The case decided the question of whether a commercial developer-owner can bring a negligence claim directly against a supplier of defective building material where no direct contract existed between the owner and supplier....By: Smith Anderson

In an attempt to improve the financial information presented to investors in connection with many M&A transactions, the United States Securities and Exchange Commission (the “SEC”) recently adopted highly anticipated amendments to Regulation S-X (“Reg. S-X”) under the Securities Act of 1933, as amended.   In summary, these amendments......By: Smith Anderson

The Occupational Safety and Health Agency (OSHA) recently released guidance concerning construction jobsite safety requirements to mitigate risk arising from the coronavirus (COVID-19). These actions include certain guidance directed specifically at...By: Smith Anderson

In the first trial of its kind in North Carolina, the North Carolina Business Court has determined the fair value of dissenters’ shares in a large, publicly-traded company under the North Carolina Appraisal Rights statute, N.C. Gen. Stat. § 55-13, et...By: Smith Anderson

Over the course of the coronavirus pandemic, the Occupational Safety and Health Administration (OSHA) and the Centers for Disease Control (CDC) have offered broad guidance on coronavirus (COVID-19) and worker safety, as outlined in our previous...By: Smith Anderson

As coronavirus (COVID-19) continues to disrupt lives and businesses, it is important to consider how it may affect your real estate, construction, and supply businesses. Every situation and contract will be different, so it is important to consider...By: Smith Anderson

A recent North Carolina Court of Appeals decision reiterates the importance of knowing who you are dealing with when undertaking work or selling materials in connection with any construction or development project in our state. In Davis & Taft, the...By: Smith Anderson

The Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) requires parties to transactions meeting certain size thresholds to make notification filings with the Federal Trade Commission and the Antitrust Division of the U.S. Department of...By: Smith Anderson

The U.S Department of Labor (DOL) has announced a final rule that will revise its regulations regarding joint employer status under the Fair Labor Standards Act (FLSA). According to the DOL, the new rule will “add certainty regarding what business...By: Smith Anderson