Legal News

Earlier this week, the Third Circuit held in Delaware River Joint Toll Bridge Commission v. Secretary Pennsylvania Department of Labor and Industry that Pennsylvania ceded its authority to enforce its building code and safety regulations against the operator of a transportation facility, the Delaware River Joint Toll Bridge Commission (“Commission”). The Commission is a bi-state entity created by an interstate compact between Pennsylvania and New Jersey (“Compact”) and approved by Congress u...

Mit unseren auf Technologietransaktionen spezialisierten Teams in allen wichtigen globalen Märkten begleiten wir zahlreiche deutsche TechUnternehmen auf ihrem Wachstumspfad. Als eine der führenden Tech-Kanzleien weltweit fühlen wir uns darüber hinaus verpflichtet, die Gründerszenen in den USA und Deutschland noch stärker zu vernetzen. Please see full Publication below for more information....By: Orrick, Herrington & Sutcliffe LLP

In a webinar held on 10 December 2020, Skadden partners Sonia Nijjar, Simon Toms and Ingrid Vandenborre were joined by Charles River Associates (CRA) Senior Adviser and Deputy Chair of the Bank of England’s Enforcement Decision Making Committee Philip Marsden and CRA Vice President Oliver Latham to discuss fintech M&A trends and developments, including......By: Skadden, Arps, Slate, Meagher & Flom LLP

The IRS issues anticipated continuity guidance providing relief to offshore wind developers and federal land projects. Offshore and federal land projects now have 10 years to be completed after the year in which construction begins in order to qualify for tax credits under a safe harbor....By: Pillsbury Winthrop Shaw Pittman LLP

A big jump in unemployment claims, as reported yesterday, confirmed fears that a “resurgent pandemic” is challenging U.S.’s economic recovery. Some 1.15 million workers filed initial claims for state unemployment benefits during the first full week of 2021......By: Robins Kaplan LLP

Many construction contractors working with the United States Army Corps of Engineers (USACE) have seen it happen: they experience a government-caused delay or suspension, which USACE agrees to pay for, but then USACE deducts the anticipated adverse weather days stated in the contract for the delay period from the compensable time extension. That may no longer be a defensible practice after the ASBCA’s recent decision in the Appeal of Granite Construction Company....By: Obermayer Rebmann Maxwell...

2020 brought the COVID-19 pandemic and other headline-grabbing challenges, along with “the usual” quadrennial questions around the U.S. election. Early in the year, businesses and dealmakers focused on the pandemic and revised their strategies as understanding of its impact evolved. The M&A market, like the overall economy, was hit hard, before rebounding later in the year. .....By: Morrison & Foerster LLP

Change orders can quickly become a source of contention on construction projects and are often the subject of major disputes. As a result, it is important for stakeholders to carefully draft and negotiate the change order and related provisions pre-contract......By: Porter Hedges LLP

The European Union (EU)-U.K. Trade and Cooperation Agreement (TCA) governing post-Brexit trade relations between the U.K. and the EU includes provisions regulating EU/U.K. antitrust enforcement and cooperation effective January 1, 2021......By: Skadden, Arps, Slate, Meagher & Flom LLP

KEY TAKEAWAYS German merger control will see some major changes in 2021. Today, the German parliament adopted the draft 10th Amendment to the German Act Against Restraints of Competition (ARC). The new amendment to the ARC will come into force within the next few weeks and bring some significant changes:......By: Morrison & Foerster LLP