Legal News

COVID-19 travel restrictions have put the aviation industry on the backfoot. M&A will not be an immediate priority, but consolidation and distressed deals will come in time - The aviation sector has been one of the hardest hit by the coronavirus...By: White & Case LLP

En el contexto de la emergencia sanitaria causada por COVID-19 en Colombia, el Gobierno Nacional emitió el Decreto 691 del 22 de mayo de 2020 (Decreto 691), mediante el cual se incluye un parágrafo transitorio al Artículo 2.2.6.1.2.4.1 del Decreto...By: Holland & Knight LLP

Last week, HHS released new and modified existing Frequently Asked Questions (FAQs) regarding payments distributed to providers via the CARES Act Provider Relief Fund. Importantly, the CARES Act requires that providers attest that they meet certain...By: King & Spalding

We have reminded you before of the importance of obtaining authorization from the Federal Communications Commission (FCC) for the transfer of control, or assignment, of FCC licenses prior to closing in M&A transactions, and the risks of failing to do...By: Davis Wright Tremaine LLP

The first of a six-part series examining six specific and evolving rights plan provisions. An increasing number of companies are choosing to adopt shareholder rights plans (otherwise known as “poison pills”) in response to the steep declines in...By: Morrison & Foerster LLP

The IRS has released 26 CFR Part 1, resolving questions regarding the five-year period to claim rehabilitation credits for qualified rehabilitation buildings (QRBs).  Prior to the proposed regulation, practitioners were unclear on the special rules...By: Williams Mullen

As MGT Construction executives start pleading guilty to conspiracy to commit wire fraud and bank fraud, every construction company executive should reflect on the duties of disclosure owed to their bonding companies. Inadequate disclosures carry a...By: Miles & Stockbridge P.C.

A corporation may not deduct previously capitalized costs that facilitated an initial public offering (IPO) even when it later ceases to be a publicly traded company, according to an internal memorandum by the Internal Revenue Service (IRS) made...By: Skadden, Arps, Slate, Meagher & Flom LLP

The Ballard Spahr Zoning and Land Use Team is continuing to monitor all aspects of the City of Philadelphia land use approval process during the COVID-19 emergency, including the issuance of zoning and building permits, permissibility of construction...By: Ballard Spahr LLP

Retailers faced a difficult financing market before COVID-19 appeared, but lockdowns have made the situation even tougher. High yield and leveraged loan values for retailers in North America and Western and Southern Europe fell by around a quarter...By: White & Case LLP