Legal News

A webinar focusing on a variety of topics including deal terms, financing availability, and due diligence in the COVID-19 environment. Expect to learn what Meritas M&A and Private Equity practitioners are implementing in their transactional practice to address the new deal landscape in which we operate....By: MERITAS - Law Firms Worldwide

On June 1, 2020, DOJ updated the guidance that its prosecutors use to evaluate corporate compliance programs. The guidance is critical to companies subject to the FCPA and other corporate criminal liability, as it informs prosecutors’ charging and...By: Cadwalader, Wickersham & Taft LLP

A liquidated damages clause appears in nearly all construction contracts (for example, 10.5 of NZS 3910:2013). Where the contractor fails to complete the contract works by the agreed due date for completion, it is required to pay the stipulated daily...By: Dentons

Rising infection rates around the U.S. and the globe are worrying markets, as fear of a second wave of cases linked with the reopening of the economy freaks out traders....By: Robins Kaplan LLP

Whether accepting representations and warranties risk as a buyer or insurer, pay attention to the seller’s control environment. Insurance experts aren’t the only people who constantly think about risk these days....By: FTI Consulting

The European Commission is expected to issue a White Paper on an Instrument on Foreign Subsidies on June 17, as anticipated in its 2020 work program. The Commission's White Paper will address the perception that foreign subsidies facilitate unfair...By: Jones Day

The ongoing Scottish case of Serco Limited v Forth Health Limited highlights the difficulties that can arise when applying benchmarking and market testing provisions in long-term maintenance and service agreements. Benchmarking and market testing of...By: White & Case LLP

On June 9, 2020, Simon Property Group (NYSE: SPG), the nation’s largest shopping mall operator, announced the termination of its $3.6 billion merger agreement with Taubman Centers (NYSE: TCO). The merger agreement was signed on February 9, 2020....By: Harris Beach PLLC

The IRS issued Notice 2020-39 on June 5, 2020, to provide relief from certain deadlines under Section 1400Z-2 of the Internal Revenue Code of 1986 and the U.S. Department of the Treasury regulations thereunder (the Opportunity Zone Rules). Consistent...By: Holland & Knight LLP

Fortis Advisors LLC v. Allergan W.C. Holding Inc., C.A. No. 2019-0159-MTZ (Del. Ch. May 14, 2020). Plaintiff, as representative for the former stockholders of Oculeve, Inc., sued Defendant Allergan for alleged material breaches of the Merger...By: Morris James LLP