Legal News

COVID-19 has created chaos in the construction world. Because of stay-at-home orders, a public and workforce concerned about job-site infection risks, and an already diminished construction labor force in many markets, many projects and contractors...By: Faegre Drinker Biddle & Reath LLP

With HBO Max entering the fray today, we’ve got your latest dispatch from the streaming wars, including thoughts on Max’s ability to deliver on its promise to “crush” Netflix despite a very crowded playing field, a spendy monthly price tag (at the...By: Robins Kaplan LLP

Downturns can be challenging for any company, but the current COVID-19 pandemic shows once more (as the financial crisis did in 2008 and 2009) that the effects of such a crisis on start-ups can be particularly severe. Collapsing investments and loss...By: Orrick, Herrington & Sutcliffe LLP

A main contractor is often in a difficult position during project disputes, caught in the middle between its liabilities to the employer and its ability to recover those losses from its subcontractors. But, what happens when the main contractor's...By: White & Case LLP

In the midst of the COVID-19 pandemic, we’re repeatedly challenged by “the new normal,” and, as M&A advisors, we’ve wondered, “is ‘the new normal’ in ‘the ordinary course of business’”?...By: Eversheds Sutherland (US) LLP

Unable to reach a last-minute deal with investors, rental car mainstay Hertz filed for bankruptcy late Friday night, doing so “without a clear plan with creditors in place—a rare move for a company of its size.” Though, like the other big-name...By: Robins Kaplan LLP

Under the merger doctrine, when the same person is both the creditor and the debtor with respect to a debt, that debt is extinguished. Yet, in Access Realty Group, Inc. v. Kane, No. 18-0173, 2019 IL App (1st) 180173 (Sept. 13, 2019), the Illinois...By: Novack and Macey LLP

In Part 1 of this series of posts, we discussed how business owners must think beyond the near term and that certain Buyers may view this as an opportune time to acquire a company while certain Sellers may be thinking that the best path forward is to...By: Wendel Rosen LLP

Philadelphia Mayor James Kenney issued an executive order on May 26, 2020 ? modifying prior restrictions enacted on April 29, 2020 ? allowing construction on projects that have permits issued after March 20, 2020 to proceed. Previously the mayor only...By: Fox Rothschild LLP

Demonstrating the resiliency of Virginia’s local governments, Arlington County’s “Plan Lee Highway” study is picking up pace. This study will open opportunities to develop or reposition property within the corridor to add value and better respond to...By: McGuireWoods LLP