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Forensic Due Diligence: Another Tick in the Box?

According to Refinitiv, a financial market data provider, the overall value of mergers and acquisitions in India amounted to US$41.6 billion in the first half of 2019. Furthermore, given the Indian Government has eased Foreign Direct Investment...By: FTI Consulting
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FTI Consulting | Jun 04,2020 |

Poison Pill Deep Dive Series: Grandfathering Existing Stockholders

The second of a six-part series examining six specific and evolving rights plan provisions. As discussed in greater detail in some of our prior articles, a shareholder rights plan is a defensive measure used by a public company to deter (though not...By: Morrison & Foerster LLP
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Morrison & Foerster LLP | Jun 04,2020 |

European Competition Law Newsletter – June 2020

EU, UK Competition, State Aid and Public Procurement Law During COVID-19 - While not the most important concern, EU and national antitrust/competition law, plus the state aid and public procurement rules, continue to apply in the EU and UK during...By: McGuireWoods LLP
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McGuireWoods LLP | Jun 04,2020 |

Healthcare & Life Sciences Private Equity Deal Tracker: Physicians Acquire Steward Health Care From Cerberus

Steward Health Care has announced it has structured a recapitalization transaction with Cerberus Capital Management. The transaction transfers controlling interest of Steward Health Care to a management group of its physicians led by Steward Health...By: McGuireWoods LLP
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McGuireWoods LLP | Jun 04,2020 |

Google Partners with Theta Labs as Validator Node

As part of a multi-faceted deal, Google will become a validator node for Theta’s Mainnet 2.0. As part of the deal, Google Cloud will become Theta’s preferred cloud provider. Theta also plans to further collaborate with Google’s artificial...By: Sheppard Mullin Richter & Hampton LLP
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Increasing Scrutiny of Foreign Investments in the German Healthcare Sector

The COVID-19 pandemic has changed most governments' views on the strategic relevance of the domestic healthcare sectors across the globe. Although the European Commission, and also the German government, have re-emphasized the generally...By: White & Case LLP
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White & Case LLP | Jun 04,2020 |

Federal Court in PA Finds Liquidated Damages Provision Unenforceable Where the Per Day Liquidated Damage Amount Was Copied from Contracts for Prior Unrelated Projects Rather than a Project-Specific Forecast of Likely Damages

D.A. Nolt, Inc. v. The Philadelphia Municipal Authority, 2020 BL 199761 (E.D. Pa. May 28, 2020) - The Philadelphia Municipal Authority (the “Authority”) contracted D.A. Nolt, Inc. (“Nolt”) to renovate a building that would serve as the City’s new...By: Pepper Hamilton LLP
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Pepper Hamilton LLP | Jun 04,2020 |

Payments Blog: PSD2 Update 3 - Scope of the account information service - The Netherlands

PSD2 does not clarify to whom the consolidated account information may be provided to still qualify as an account information service. What is particularly relevant is whether the account information must always be made available to the account...By: Dentons
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Dentons | Jun 04,2020 |

Massachusetts Construction Back up and Running, but COVID Concerns Linger

As public health measures slow the spread of COVID-19, the Commonwealth and its municipalities have begun to ease restrictions on commercial activity, including construction. But it’s far from business as usual on job sites. With a only few...By: Conn Kavanaugh
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Conn Kavanaugh | Jun 04,2020 |

IRS Releases PLR 202012003 on Treatment of Cold Storage Warehouse Operations

On March 20, 2020, the Internal Revenue Service (“IRS”) released a Private Letter Ruling (“PLR”) addressing the treatment of cold storage warehouse operations by a real estate investment trust (“REIT”). The Service ruled that amounts received under...By: FTI Consulting
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FTI Consulting | Jun 04,2020 |
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