This update tracks COVID-19 shutdown orders as of April 16, 2020, 12:00 p.m. EDT that affect construction projects in Delaware, the District of Columbia, Florida, Illinois, Massachusetts, Minnesota, New Jersey, New York and Pennsylvania....By: Saul Ewing Arnstein & Lehr LLP
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Volatile trading markets and economic instability may prompt taxpayers to modify, purchase, or repurchase debt; participants should consider the tax consequences. Key Points: ..Issuers may incur immediate income in the form of cancellation of...By: Latham & Watkins LLP
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On Friday, April 17, Santa Clara County published new interpretive guidance to help regulators and members of the public understand how the County’s March 31 shelter-in-place order affects the construction of state-licensed Residential Care...By: Hanson Bridgett LLP
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On April 8, 2020, Judge Leonard Stark of the U.S. District Court for the District of Delaware denied an injunction requested by the Antitrust Division of the U.S. Department of Justice (“DOJ”) to block Sabre Corp.’s $360 million acquisition of...By: Dechert LLP
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The Construction Leadership Council (CLC) has now published version 3 of the Site Operating Procedures (SOPs), aimed at protecting the construction workforce during COVID-19....By: Orrick, Herrington & Sutcliffe LLP
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It is readily apparent that the COVID-19 pandemic has had an impact on transactional activity—at least in the short term—for both buyers and sellers across a range of industries. Whether parties are still moving forward with their transactions,...By: Robinson & Cole LLP
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As discussed in a prior blog post, in Gindel v. Centex Homes, 2018 Fla.App. LEXIS 13019, Florida’s Fourth District Court of Appeal held that when the plaintiffs provided a pre-suit notice in compliance with §558.004 of Florida’s construction defect...By: White and Williams LLP
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While residential and commercial construction is currently considered an essential business activity in Maryland, DC, and Virginia during the ongoing COVID-19 pandemic, developers and contractors with active construction projects must take...By: Ballard Spahr LLP
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On April 7, the City of Oakland Planning and Building Department released findings and determinations implementing the construction-related section 13(f)(v) of the County of Alameda’s March 31 shelter-in-place order No. 20-04 (“County Order”). The...By: Wendel Rosen LLP
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White & Case LLP argued the last successful fully-fledged "failing firm defence" case in Aegean/Olympic II in 2013. Our lawyers Assimakis Komninos and Jan Jeram, who acted in that case, with the help of Iakovos Sarmas1, published an article on the...By: White & Case LLP
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