Legal News

California Court of Appeal Decision in School District Case Applies to Public Agencies - Even completed government contracts can be challenged by a taxpayer claiming the contract constituted the improper expenditure of funds, the California Court of Appeal determined....By: Best Best & Krieger LLP

2020 has been a year of two very distinct halves but signs of recovery give grounds for optimism....By: Allen & Overy LLP

With the explosive growth in connected working and living, data centres are attracting an increasingly wide range of investors and activity looks set to grow....By: Allen & Overy LLP

The CMA’s efforts to make dynamic, forward-looking assessments of parties’ overlaps will only increase post-Brexit. Dealmakers must be alert to the increasingly interventionist approach of the UK’s Competition and Markets Authority (CMA), including on transactions with a limited nexus to the UK....By: Latham & Watkins LLP

The recent rise to prominence of SPACs provides private equity portfolio companies an alternative method for stock exchange listing and access to the capital markets. Special purpose acquisition companies (SPACs) have emerged, somewhat unexpectedly, as the hottest market trend in the US this year, allowing SPAC sponsors to launch shell companies with the goal of taking private companies public via merger....By: Latham & Watkins LLP

The election of Joe Biden is likely to usher in an era of more stable and predictable politics in the U.S., increasing the kind of investor confidence on which M&A transactions thrive....By: Allen & Overy LLP

U.S. financial services sector M&A picked up in the second half of 2020, in line with the wider U.S. market. Asset management and fintech investments led the way, with regional bank mergers also showing signs of growth....By: Allen & Overy LLP

Despite considerable volatility and uncertainty, 2020 has been an extraordinary year for the London Corporate team at White & Case, with a strong performance across the practice. We are pleased to have advised a large number of high-profile clients on cutting-edge deals, as well as providing valuable strategic insight to a broad range of investors and companies in the London market....By: White & Case LLP

The Payroll Protection Program has been a lifesaver to many businesses this year, but its quick roll out, and many generous features (including potential forgiveness) could tempt a borrower to treat the PPP as something less than a “real loan”. This, potentially, is a big mistake, as in the context of M&A transactions PPP restrictions, and the practical difficulties in working with those restrictions, have the potential to greatly slow or complicate a deal. This problem is acute for struggling...

Have you ever wondered when Massachusetts’ 6-year statute of repose for defective design, planning and construction is triggered when dealing with the construction of a multi-building, multi-year condominium construction project?...By: Pierce Atwood LLP