Legal News

The rapid and significant decline in stock trading prices of many public companies due to the effects of the evolving coronavirus/COVID-19 pandemic has created the risk of activists or hostile acquirers rapidly building meaningful stakes in public...By: Skadden, Arps, Slate, Meagher & Flom LLP

The coronavirus pandemic is creating both opportunities and risks for Florida’s contractors. For example, on April 1, 2020 the Florida Department of Transportation announced that it will take advantage of nearly empty roads by accelerating work...By: Shutts & Bowen LLP

This is the second installment of a two-part series highlighting M&A transaction issues for buyers and sellers to consider in light of COVID-19....By: Nutter McClennen & Fish LLP

States, counties and municipalities have issued “stay at home,” “shelter-in-place,” and other orders relating to COVID-19.  Many orders require the suspension of non-essential construction projects.  The orders typically have exemptions for projects...By: Butler Weihmuller Katz Craig LLP

From the initial real estate purchase to completing construction, the entire real estate industry has been hit hard by the economic downturn caused by COVID-19. Some of the new relief bills have helped, especially the Paycheck Protection Program...By: Obermayer Rebmann Maxwell & Hippel LLP

The Justice Department lost another merger the other day. This one was their challenge to Sabre’s acquisition of Farelogix. Sabre aggregates air fares in a hosted environment and serves about 50 percent of the market. Farelogix developed, and then...By: Kelley Drye & Warren LLP

With millions of Americans staying at home during the COVID-19 crisis, news outlets and internet infrastructure companies are all reporting significant increases in internet usage. For example, Cloudflare data from mid-March showed an 18% jump in...By: Farella Braun + Martel LLP

In response to the novel coronavirus, on April 1, 2020, Governor DeSantis issued Executive Order 2020-91 (since amended by Executive Order 2020-92), which shut down all “non-essential” business activity in Florida from April 3 through April 30. Per...By: Shutts & Bowen LLP

Most construction contracts include express warranties. A contractor, subcontractor, or vendor may warrant its work or materials on a project for a period of time after the completion of its work or delivery of its materials. The parties to a...By: Bradley Arant Boult Cummings LLP

The Department of Treasury and the Internal Revenue Service (the “IRS”) have issued IRS Notice 2020-23 (the “Notice”), which extends several deadlines that fall between April 1, 2020 and July 15, 2020. The IRS has changed the deadlines referenced in...By: Rosenberg Martin Greenberg LLP