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Archive by tag: LLPReturn

Coronavirus/COVID-19 Update #2

The question is no longer whether the volatility created by the COVID-19 pandemic will deepen the difficulties businesses and other institutions face in the coming months, but by how much and in what ways. In the past few weeks, we have offered...By: Skadden, Arps, Slate, Meagher & Flom LLP
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DOJ Wins Groundbreaking Arbitration to Resolve Merger Challenge

The U.S. Department of Justice Antitrust Division (DOJ) has prevailed in a first-of-its-kind arbitration, resolving its challenge to aluminum producer Novelis Inc.’s $2.6 billion proposed acquisition of rival Aleris Corporation. As a result of the...By: Bracewell LLP
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Bracewell LLP | Mar 21,2020 |

The Coronavirus Heat-Seeking Missile

The new coronavirus is a heat-seeking missile headed straight for our health care system. The virus threatens to infect a segment of our population so large that an influx of patients will overwhelm the relatively few open beds that hospitals have to...By: Lowenstein Sandler LLP
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Lowenstein Sandler LLP | Mar 21,2020 |

Small Business Economic Injury Disaster Loans

The Small Business Administration (SBA) has designated COVID-19 as a qualifying event for the provision of Economic Injury Disaster Loans to small businesses and private non-profits. As a result, on March 17, 2020, Governor Greg Abbott requested an...By: Porter Hedges LLP
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Porter Hedges LLP | Mar 20,2020 |

COVID-19 Made Performance Impossible – Now What?

The spread of COVID-19 has severely impacted our nation and economy. We are facing lockdowns, travel bans, and massive disruptions to day-to-day activities as authorities work to stop the spread of COVID-19. As the virus-related impacts spread,...By: Porter Hedges LLP
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Porter Hedges LLP | Mar 20,2020 |

Steps to Take if You Receive a Subcontractor’s COVID-19 Work Suspension Notice

There are increasing reports that some subcontractors have decided to suspend operations during the COVID-19 outbreak.  The subcontractors made this difficult decision even though the construction projects for which the general contractor has a...By: Pierce Atwood LLP
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Pierce Atwood LLP | Mar 20,2020 |

A Matter Of Trust – Avoiding The Pitfalls Of The Texas Construction Trust Fund Act

Subcontractors have long celebrated—and general contractors long feared—the Texas Construction Trust Fund Act, codified in Chapter 162 of the Texas Property Code. The Act, which is (ideally) construed broadly to primarily protect subcontractors,...By: Porter Hedges LLP
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Porter Hedges LLP | Mar 20,2020 |

HSR Early Terminations Halted And FTC and DOJ Implement Temporary E-Filing During COVID-19 Telework Directive

In response to COVID-19, the Premerger Notification Office (PNO) at the Federal Trade Commission (FTC) and the Department of Justice (DOJ) have implemented a temporary e-filing system for all filings made pursuant to the Hart-Scott-Rodino Act (HSR...By: Stoel Rives LLP
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Stoel Rives LLP | Mar 20,2020 |

COVID-19 Checklist for Contractors

COVID-19 is obviously having drastic effects on all aspects of life, and the construction industry is no exception....By: Balch & Bingham LLP
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Balch & Bingham LLP | Mar 20,2020 |

Pardon the French but Is COVID-19 Covered by the Force Majeure Clause of Your Construction Contract?

As the CDC issues guidelines progressively cautioning against attending activities with more than 1000, then 500, then 250, and now 50 people, it was only a matter of time before the coronavirus (COVID-19) impacted construction projects....By: Saul Ewing Arnstein & Lehr LLP
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