Legal News

The Armed Services Board of Contract Appeals (the “Board”) recently held the government liable for design delays where the government prematurely required details in design submissions and failed to provide comments on design submissions within the 14-day period allotted for government comments in the contract......By: Bradley Arant Boult Cummings LLP

In yet another blow to the suffering movie theater industry, Warner Bros. announced on Thursday that all of its 2021 release calendar—including “big-budget extravaganzas like ‘Dune’ and ‘The Matrix 4’”—will arrive “simultaneously in theaters and on the HBO Max streaming service in the United States.” The move, which Warner is calling a “unique one-year plan,” is the company’s means for addressing its assessment that U.S. moviegoing won’t recover until at least next fall....By: Robins Kaplan LLP

On 31 January 2020, the UK left the European Union and entered a transition period that is due to end at 11:00 pm GMT on 31 December 2020. At this point, it is still uncertain whether a new EU/UK deal will be reached. To support Brexit readiness planning in a fast-moving environment, we have reviewed a range of possible impacts across 11 discrete areas, considering UK and EU policy, as well as regulatory and legislative developments since the EU referendum in 2016....By: Cooley LLP

In Appeal of Watts Constructors, LLC, the Armed Services Board of Contract Appeals (the “Board”) held that a contractor was not excused from following contract plans and specifications despite the observation by government quality assurance inspectors of non-compliant electrical work during installation. This case is a reminder to contractors (including, of course, government contractors) that the owner is generally entitled to strict compliance with its plans and specifications, and that a......

It is rare for the holding in a single criminal case to have such far-reaching implications that it affects nearly every industry in a particular state. But that is what happened on July 9, 2020, when the United States Supreme Court overturned Jimcy McGirt’s criminal conviction in Oklahoma state court by holding that Oklahoma did not have jurisdiction to prosecute McGirt (a citizen of the Creek tribe) for a crime committed within the boundaries of the Creek Nation......By: Bradley Arant Boult C...

Take a look at a construction site today and you may see drones flying overhead, robots working on buildings, and construction workers donning wearable technology that monitors their health and activity. Construction technology has continued to progress with the times, and companies within the industry are utilizing the latest advancements more than ever before – often before an actual project has even begun......By: Shutts & Bowen LLP

As the pandemic continues to change the economic landscape, financial services companies and investors may be looking to make strategic acquisitions. Among the numerous business and legal considerations that go into those investments, one must also be aware of "change in control" concerns when the target company holds a state license. Financial services companies are often very familiar with the numerous obligations that arise from licensing. Obtaining the license can involve long, detailed...B...

M&A in Vietnam surged in Q3, thanks to an economy that has proved resilient in the face of a global pandemic - M&A in Vietnam has been remarkably robust in 2020. The total volume of deals over the first three quarters of the year has come to 37 deals, one more than in the same period in 2019. Although value decreased 16% over the same period to US$3.2 billion, this was still a far less steep rate of decline than global M&A deal value, which fell 28% over this period....By: White & Case LLP

The Federal Antimonopoly Service strengthens enforcement of foreign investments legislation - Established by the Russian government in 2008, the Government Commission on Control over Foreign Investments in the Russian Federation is responsible for the review of foreign direct investment applications. The Government Commission is headed by the Chairman of the Russian government and composed of the heads of certain ministries and other government bodies. Following the appointment of Mikhail...By...

Following our client alert published on October 12, 20201, described below are the projects announced in the Second Infrastructure Investment Plan, which includes 29 new projects, representing a total amount of MXN $228 billion pesos (approximately USD $11.4 billion). Second Infrastructure Investment Plan - On November 30, 2020, President Andrés Manuel López Obrador, together with the Business Coordinating Council, presented the Second Infrastructure Investment Plan, ratifying the Agreement.....