Legal News

It is a reasonable extrapolation – and we are nothing at Cooley if not wildly reasonable – that more operating companies are considering going public through a merger with a SPAC (commonly referred to as a backdoor IPO) since the beginning of time. There have been some great examples of successful SPAC transactions and more on the way, and the SPACraze has reached 2019 Direct Listing fever pitch levels....By: Cooley LLP

In the near and mid-term, companies must take decisive steps in order to ensure the financial health of the organization and their stakeholders. With limited exit and financing alternatives, the current environment requires lower costs, free cash flows and deleveraging....By: Opportune LLP

White & Case Technology Newsflash - In line with the increased protectionism around foreign direct investments (FDI) in the past few years, the economic impact of COVID-19 led to a worldwide rapid expansion of existing regulations. The countries justify such expansion by the need to protect the expertise and intellectual property (especially in connection with the health/biotech sector) of homegrown companies from opportunistic takeovers in a context of depreciated valuations....By: White & Cas...

In this episode of Trekking Through Compliance, we consider the episode Day of the Dove which aired on November 1, 1968, Star Date unknown. Compliance Takeaways: How to use disruption as an innovation. Integrating compliance into the business. Hitting the ground running as a new CCO....By: Thomas Fox

On July 23, 2020, the California Transportation Foundation convened a panel of transportation professionals for the webinar “Transportation Outlook: Moving Beyond COVID-19.” The panelists discussed the impacts of the coronavirus and what the future holds for California’s transportation sector in the wake of the pandemic. Below are key takeaways from the panel......By: Nossaman LLP

The COVID-19 pandemic has impacted almost every business and nonprofit organization. Many experts have written about how nonprofits can handle fundraising during the crisis, suggesting increasing donor engagement, staying the course with capital campaigns, and increasing appeals focusing on the urgent need for current support. While some of these strategies may be very effective in the short-term, what about the long-term consequences? What happens eighteen to twenty-four months from now, when.....

We are aware of several business studies that conclude that a high percentage, between 70-90%, of corporate acquisitions fail to meet their business objectives. When looking at why the time, effort, and expense invested in a corporate acquisition turn out not to achieve the business synergies and value creation that were expected, it is apparent that workforce integration and commitment after the transaction closes often is a contributing factor to why these acquisitions fail....By: Holland & Ha...

On July 28, 2020, the Orange County Board of County Commissioners unanimously approved an ordinance aimed at “preventing further damage to the local economy.” The ordinance amended the county’s impact fee code and will allow companies to defer the payment of impact fees and to exempt the payment of transportation impact fees for change-of-use permits up to $100,000....By: Lowndes

The French Competition Authority has maintained its aim to modernize and simplify the merger control system, initiated in 2017, with the publication and entry into force on July 24 of its . This document replaces the guidelines of July 4, 2013....By: Kramer Levin Naftalis & Frankel LLP

Compliance Today (August 2020) - On May 7, the Department of Justice’s Antitrust Division announced a deferred prosecution agreement, in which Apotex Corp. agreed to pay a $24.1 million criminal penalty for price-fixing. The Florida-based company conspired with competitors to increase and maintain the price of pravastatin, a commonly prescribed cholesterol medication that lowers the risk of heart disease and stroke....By: Health Care Compliance Association (HCCA)