Legal News

As COVID-19 continues to result in government shutdown orders, labor shortages, and increased lead times to acquire materials, project owners, contractors, and subcontractors may begin to make claims of “force majeure,” or may otherwise suspend or even terminate work. Often these notifications or directives can first happen over the phone --- a contractor tells an owner that there is a manpower shortage, or that they are held up by an inability to work on the project site because a local order...

Corporate attorney Carrie Stanton provides several suggestions on what companies can do to make contract negotiations more efficient while also addressing priorities and concerns. Topics include: • Contract templates • Decision matrices • Priority contract provisions • Education of your internal and external team on the process and forms...By: Williams Mullen

On the latest episode of Law Brief, Construction Partner Laurie Stanziale and Building Studio Architects’ Michael Goldblum and John Field join Litigation Partner and host Rich Schoenstein to explore Urban Living After COVID-19. With years of collective design and construction experience, they provide insight into the impacts of COVID-19 on urban living and the design issues affecting residential real estate in large cities. Learn more: https://bit.ly/3gz1IES...By: Tarter Krinsky & Drogin LLP

Welcome to the first episode of Fraud Eats Strategy - the newest show on the Compliance Podcast Episode. Episode 1- What Enron Can Teach Us About Future Frauds. In this first episode of Fraud Eats Strategy with Scott Moritz, he speaks to former Enron Whistleblower Sherron Watkins about the many red flags that were ignored, the ill-fated board decisions and the wide-ranging complicity that led to Enron’s implosion. Sherron’s memo to former Enron leadership warned of the accounting irregulariti...

The FCPA Compliance Report is the longest running podcast in compliance, premiering on July 31, 2015. This week begins a series of podcasts leading up to the 500th anniversary episode of the FCPA Compliance Report, which will post on Monday, August 31. Over the next five episodes, I will post podcasts of 5 top FCPA and compliance commentators. Over this week, I will be joined by Mike Volkov, Matt Kelly, Jonathan Armstrong, Jay Rosen and Jonathan Marks. Each will speak about the evolution of...By...

Earlier this year, the policymakers of Florida’s 2020 Legislative session tackled roughly 3,500 filed bills, passing roughly 200 and approving a $93.2 billion budget. Several pieces of this year’s legislative changes will substantially affect the construction industry......By: Shutts & Bowen LLP

For the first time since 2014, the Department of Justice’s (DOJ) Foreign Corrupt Practices Act (FCPA) Unit has issued an opinion responding to a request for advice on compliance with the anti-bribery provisions of the FCPA....By: K&L Gates LLP

By now, most small business owners and their lenders are acutely aware of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), enacted to provide emergency assistance and health care response for individuals and businesses impacted by the COVID-19 pandemic. Among its many provisions, the CARES Act established the Paycheck Protection Program (PPP) to be administered by the U.S. Small Business Administration (SBA), and modified SBA’s pre-existing Economic Injury Disaster Loan (EIDL...

This past June, autonomous vehicle technology startup Zoox agreed to be acquired by Amazon for a whopping $1.3 billion.  Time for the common stockholders to pop the champagne, right?  Not exactly, according to a complaint filed in the Delaware Court of Chancery by two common stockholders....By: Farrell Fritz, P.C.

The FTI Journal continues its look at opportunities for private equity in distressed M&A given the pandemic-affected economy. Market dynamics in media & entertainment make the sector unusually intriguing....By: FTI Consulting