Legal News

On May 2, 2020, Patrick Callahan, New Jersey State Director of Emergency Management and the Superintendent of State Police, issued an Administrative Order extending Governor Phil Murphy’s Executive Order 122 (EO 122) to cover religious facilities....By: Greenbaum, Rowe, Smith & Davis LLP

This Interim Rule follows the Proposed Rule on filing fees published by the Committee on March 9, 2020...The Interim Rule also implements one of the last remaining changes to the CFIUS process initiated by the Foreign Investment Risk Review...By: Dechert LLP

Following the release of the second round of Paycheck Protection Program (PPP) funding, the Small Business Administration (SBA) posted several updates related to the PPP....By: Stinson LLP

Often, the parties in a business sale will designate a portion of the purchase price to be paid out over time or otherwise made contingent on the performance of the business after the transaction is complete. This “earn-out” can be a meaningful...By: Tonkon Torp LLP

In late February as the COVID-19 pandemic was accelerating, the Delaware Chancery Court issued an important decision that is likely to impact transactions during the expected recession. In Salladay v. Lev, C.A. No. 2019-0048-SG (Del. Ch. Feb. 27,...By: Cooley LLP

INTRODUCTION - COVID-19 and the ensuing economic turmoil are continuing to adversely impact businesses worldwide. As a result, in the months ahead, thousands of companies either will be unable to survive on a stand-alone basis or will conclude they...By: K&L Gates LLP

Given the current impact of COVID-19 on the financial services industry, please tune in to our podcast discussion on the key considerations that businesses should be aware of while facing potential insolvency and other challenges caused by the...By: Proskauer Rose LLP

WeWork co-founder wants to get PAAAAAID, so he’s suing SoftBank in an attempt to force it to “go through with its canceled deal to buy $3 billion of the company’s shares, accusing the Japanese conglomerate and its Vision Fund LP of abusing their...By: Robins Kaplan LLP

On April 29, 2020, the French Minister of the Economy (the Minister) announced that French foreign investment rules will be adopted with the policy goal of protecting French strategic assets in the context of the COVID-19 pandemic. A forthcoming...By: Skadden, Arps, Slate, Meagher & Flom LLP

On Friday, May 1, 2020, the Trump administration issued an executive order prohibiting the acquisition and installation of “bulk-power system electric equipment” (such as generators, circuit breakers, metering equipment, generation turbines and...By: Skadden, Arps, Slate, Meagher & Flom LLP