Legal News

Over the past week, U.S. antitrust authorities have further refined their temporary merger review procedures and provided additional guidance to expedite proposed healthcare collaborations during the COVID-19 pandemic. FTC resumes HSR Act early...By: Husch Blackwell LLP

Residential construction workers are now considered "essential critical infrastructure workers" during the COVID-19 response, according to a March 28, 2020 advisory memorandum from Christopher C. Krebs, Director of the U.S. Department of Homeland...By: Fox Rothschild LLP

Antitrust and Competition - The Court of Justice of the EU Upholds the Commission’s Powers to Impose High Fines on Companies that “Jump the Gun” - On March 4, 2020, the Court of Justice of the EU (“CJEU”) dismissed the appeal from a Norwegian salmon...By: K&L Gates LLP

The 359-page emergency Coronavirus Bill received royal assent on 25 March 2020. This newly passed Coronavirus Act 2020 (the “Act”) contains extensive powers and additional measures to equip the UK government and other authorities to better respond to...By: K&L Gates LLP

Maryland State Governor Larry Hogan issued a revised order yesterday (Order no. 20-03-30-01) whereby “[a]ll persons living in the State of Maryland are hereby ordered, effective as of 8:00 p.m. on March 30, 2020, to stay in their homes or places of...By: Saul Ewing Arnstein & Lehr LLP

The global COVID-19 pandemic has changed how merger enforcement regimes around the world are currently reviewing proposed transactions. Two weeks into the new environment, we now have a body of experience from which to assess how merger reviews are...By: Dechert LLP

Private equity, like virtually every market and industry, has been affected by the coronavirus pandemic and, like many other markets and industries, the total effect of the pandemic remains unknown....By: Ballard Spahr LLP

The Empire State Development Corporation (“ESDC”) issued guidance over the weekend clarifying the status of local government construction work, including municipalities and school districts....By: Hodgson Russ LLP

Invoking MAC Clauses During the Pandemic - Although Material Adverse Change (“MAC”) clauses are quite prevalent in loan and financing documents, there is very little case law in Maryland dealing with the successful or unsuccessful enforcement of...By: Rosenberg Martin Greenberg LLP

Even though we are in the early days of assessing the impact of the COVID-19 pandemic on mergers and acquisitions, much has already been written about the extent to which this crisis could amount to a material adverse change (MAC) under acquisition...By: Foley Hoag LLP