The Centre for Digital Built Britain (CDBB) continues to develop a systems-based vision for UK infrastructure and to improve understanding on how a digital approach could be used to better design, build, operate and integrate our built environment. One of CDBB's recent reports, Flourishing Systems - Re-envisioning infrastructure as a platform for human flourishing, places people, connections, sustainability and digitalisation firmly at the heart of that vision and the support and service of...By...
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On June 30, 2020, the U.S. Department of Justice (“DOJ”) and the Federal Trade Commission (“FTC”) (together, the “Agencies”) issued new Vertical Merger Guidelines (“Guidelines”). These Guidelines mark the first time the Agencies have issued joint guidelines on vertical mergers, and replace the DOJ’s 1984 Non-Horizontal Merger Guidelines. The new Guidelines follow the Agencies’ earlier release of Draft Vertical Merger Guidelines (“Draft Guidelines”) in January 2020 and provide importa...
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The Ballard Spahr Zoning and Land Use Team is continuing to monitor all aspects of the Philadelphia land use approval process during the COVID-19 emergency, including the issuance of zoning and building permits, regulation of construction work, and changes to relevant court filing deadlines....By: Ballard Spahr LLP
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In the context of an M&A transaction, practitioners are routinely left to navigate the various standards of review that are applied by the Delaware courts to evaluate whether a Delaware corporation’s directors have complied with their fiduciary duties. Determining which standard of review will apply to a given transaction is particularly critical — depending on the applicable standard, a Delaware court may heavily scrutinize a transaction or determine that the directors may face personal...By:...
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One effect of the COVID-19 pandemic has been to accelerate the implementation of new or stricter controls on inward-bound foreign direct investment activity ("FDI"), particularly in the European Union. For example, in March 2020, the European Commission issued revised guidance encouraging EU Member States to make full use of their FDI screening regimes. More recently, the French, Dutch, German, Italian, Spanish and British governments all tightened their respective FDI screening regimes. These...
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This is a follow up to our previous client alert regarding potential extensions of permits and development orders based on the gubernatorial COVID-19 state of emergency. On July 7, 2020, Governor DeSantis issued Executive Order No. 20-166, extending the state of emergency declared by Executive Order No. 20-52, which was previously extended by Executive Order No. 20-114, for another sixty (60) days throughout the State of Florida....By: Bilzin Sumberg
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As noted in a previous publication, the Federal Trade Commission (FTC) and the U.S. Department of Justice (DOJ) have been developing new vertical merger guidelines to supersede and replace the guidance issued by the DOJ in 1984. That work is now complete and the new vertical merger guidelines have been issued. ...By: Bricker & Eckler LLP
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In Factory Mut. Ins. Co. v. Skanska United States Bldg., No. 18-cv-11700-DLC, 2020 U.S. Dist. LEXIS 95403 (Skanska), the United States District Court for the District of Massachusetts considered whether contractors on a construction job were additional insureds on the developer’s builder’s risk insurance policy. After a water loss occurred during construction, the builder’s risk insurance carrier paid its named insured for the resultant damage, and subsequently filed a subrogation action agai...
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On July 3, 2020, the U.S. Department of Justice (“DOJ”) and the U.S. Securities and Exchange Commission (“SEC”) published the Second Edition of “FCPA: A Resource Guide to the U.S. Foreign Corrupt Practices Act” (the “Guide”). Originally published in 2012, the Guide is considered the “Bible” for those operating in the FCPA space as it provides the best understanding of the government’s view of the statute, its enforcement policies, and compliance expectations for companies. The Guide a...
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Practically speaking, and despite taking careful precautions, it is likely that one of your employees will become exposed to COVID-19 before the Families First Coronavirus Relief Act (FFCRA) expires on December 31, 2020 (unless otherwise extended by Congress)....By: Kilpatrick Townsend & Stockton LLP
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