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New York City’s Construction Restart: What Should A Project Owner Expect from Its General Contractor?

Seyfarth Synopsis:  New York City construction projects are set to resume, after Governor Cuomo’s shutdown of most construction projects in New York in late-March 2020 to combat the spread of COVID-19.  This Legal Update provides information about...By: Seyfarth Shaw LLP
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Seyfarth Shaw LLP | Jun 10,2020 |

Antitrust Counseling in the Pandemic Economy: Six Trends to Watch

The coronavirus pandemic has shocked the global economy, transformed industries, and upended our daily lives. Its effects will be felt for years. So, what do these changes mean for antitrust counseling? This article explains six trends for antitrust...By: Foley & Lardner LLP
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Foley & Lardner LLP | Jun 09,2020 |

UPDATE: Maryland Court of Appeals Holds that an AIA Contract's Mutual Waiver of Subrogation Precludes Contribution Liability under Maryland Joint Tort-Feasors Act

On May 26, 2020, the Court of Appeals of Maryland (Maryland’s highest court) held that where one of the two parties to an AIA contract sues or settles with a third party, the AIA contract’s mutual waiver of subrogation precludes that third party from...By: Saul Ewing Arnstein & Lehr LLP
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Attorney-Client Privilege Does Not Pass to the Buyer in Asset Deal

A recent Delaware Court of Chancery decision confirms that, unlike in statutory mergers, the attorney-client privilege will remain with the target entity in an asset sale unless the attorney-client privilege is explicitly waived or transferred to the...By: Pepper Hamilton LLP
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Pepper Hamilton LLP | Jun 09,2020 |

[Webinar] M&A Webinar Series: Tax-Free Rollovers in Private Equity Transactions, hosted by Williams Mullen - June 23rd, 11:00 am - 11:15 am EST

Do you often find yourself amid transactions that require a decision to sell a business to a private equity or other strategic buyer who are offering different consideration packages? Are you aware of the creative tax structures that can be...By: Williams Mullen
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Williams Mullen | Jun 09,2020 |

IRS Provides Relief on Opportunity Zone Deadlines

On June 4, 2020, in response to the ongoing COVID-19 pandemic, the IRS issued Notice 2020-39 to provide relief regarding various deadlines applicable to the federal opportunity zone program....By: Pierce Atwood LLP
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Pierce Atwood LLP | Jun 09,2020 |

DOJ Eyes More Dynamic Corporate Compliance Programs in Updates to Department Manual

Last week, the Department of Justice (“DOJ”) updated its Manual on Evaluation of Corporate Compliance Programs (“June 2020 Guidance”), which is intended to aid prosecutors in making corporate charging decisions.  Initially issued in 2017, and last...By: Polsinelli
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Polsinelli | Jun 09,2020 |

DOJ Amplifies Compliance Guidance, Focusing on Customization, Continuous Improvement, Third-Party Relationships and Resourcing

On June 1, the U.S. Department of Justice updated its guidance on the Evaluation of Corporate Compliance Programs (DOJ Compliance Guidance). While the changes are modest, they reflect DOJ’s evolving expectations regarding effective corporate...By: Pepper Hamilton LLP
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Pepper Hamilton LLP | Jun 09,2020 |

Municipal Development Agreement: Found To Be Illegal Contract Zoning

In the Matter of Giora Neeman v Town of Warwick, __AD3d__, 2020 NY Slip Op 03112, the Second Department recently declared that a development agreement entered into between the respondent/defendant Black Bear Family Campgrounds, Inc. (“BBFC”) and...By: Farrell Fritz, P.C.
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Farrell Fritz, P.C. | Jun 09,2020 |

Currents - Energy Industry Insights - June 2020

Coal Earnings Set to Plunge 50% in North America, Moody's Says - "Earnings for North American coal miners may plunge by more than half this year as the coronavirus pandemic makes a weak market even worse, according to Moody’s Investors Service."...By: Spilman Thomas & Battle, PLLC
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Spilman Thomas & Battle, PLLC | Jun 09,2020 |
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