Legal News

Pre-pandemic, commuting workers and visiting travelers provided construction projects with built-in audiences to monitor and observe progress on a day-to-day basis. Now, with normal activity curbed because of COVID-19, facilities are being built without spectators, and architecture and construction marketers are left to find new ways of promoting projects and maintaining visibility......By: Blattel Communications

The interest in special purpose acquisition company (SPAC) transactions continues to skyrocket, with nearly half of all IPOs year-to-date filed by SPACs and with “de-SPAC” transactions increasing. Join McDermott on Thursday, August 6 as our panelists discuss the SPAC surge, including: - An overview of SPAC IPOs and SPAC business combinations (“de-SPAC transactions”), including industry trends - Trends in SPAC IPOs, including sponsor participation, sponsor economics and investor economics...

You can read Delaware's General Corporation Law front to back and back to front and still know very little about Delaware corporate law.  The reason is that most of the important rules are not found in statutes but in a myriad of court decisions.  The process does not end, but begins, when a court announces a new rule.  Once announced, the rule is parsed and elaborated in subsequent decisions.  This is particularly true in the case of judicial review of board decisions involving mergers and...By...

In the UK, there is currently no separate foreign direct investment (FDI) screening regime. Instead, the UK government can only intervene in limited circumstances where a transaction raises at least one of the following public interest issues: national security, financial stability, media plurality and, as of June 23, public health emergencies. At the time of writing, the government has intervened in 20 transactions in this way,2 notably without blocking any deals....By: Cooley LLP

In today’s edition of Daily Compliance News: Wirecard in the Philippines. (KYC360) Obese politicians signal corruption. (Eurasianet) Fraud reimbursement in Congo. (WSJ) Things not looking too good at Under Armour. (WSJ)...By: Thomas Fox

Liens represent one of the primary mechanisms by which contractors, subcontractors, and other downstream parties secure payment rights under a construction contract. When utilized properly, filing a lien may induce an owner to release funds that are undisputedly owed to the lienor......By: Bradley Arant Boult Cummings LLP

The economic damage attendant to COVID-19 has already resulted in a substantial increase in bankruptcies. Acquisitions through U.S. bankruptcy courts are not exempt from challenge by government antitrust enforcers or private parties in U.S. district courts....By: Perkins Coie

Financial Institutions M&A sector trends: Consumer finance — H1 2020 and outlook for H2 2020. A time of temperance as COVID-19 covenant breach forbearance, payment holiday and repossession deferral relief measures take their toll......By: White & Case LLP

The CARES Act Paycheck Protection Program (“PPP”) has provided much needed assistance to millions of businesses and other organizations impacted by the COVID-19 pandemic in the United States. This program, however, continues to be fraught with snares and traps for the unwary and the M&A space is no exception....By: Dorsey & Whitney LLP

The lowered threshold for foreign direct investments into France will apply to non-EU and non-EEA investors or to any investor fiscally domiciled outside the European Union and European Economic Area. On July 23, 2020, France added a new measure to further strengthen its FDI rules, which have been amended twice since December 31, 2019 (see Jones Day publications, "French Foreign Direct Investment Rules Set for Overhaul" and "France Ramps up Foreign Investment Regulation in the COVID-19 Era")......