Legal News

Recent M&A Activity - December 1, 2020: EAPC Wind Energy, a subsidiary of EAPC Architects Engineers, was acquired by Westwood Professional Services for an undisclosed amount. EAPC offers engineering and consulting services to wind farm developers. Westwood is a national surveying and engineering services provider for renewable energy and public infrastructure....By: Mintz - Energy & Sustainability Viewpoints

2020 is now behind us, and we have reason for a positive outlook for 2021. However, delays and impacts due to COVID-19 and other factors in 2020 will likely continue into 2021, and claims and disputes over relief will likely increase in 2021. A persuasive claim analysis and presentation and demonstration that if the parties cannot negotiate or mediate a reasonable resolution, and the claim must be arbitrated or litigated, you have a high likelihood of success may help maximize your ability to......

In Tocci v. IRIV Partners, LLC, Boston Harbor Industrial Development LLC and Hudson Insurance Co. (November 19, 2020, Sup. Ct. 19-405), the Massachusetts Superior Court granted summary judgment on a contractor’s breach of contract claim based on Massachusetts’ Prompt Payment Act, M. G. L. c. 149 § 29E (the “Prompt Pay Act” or “Act”). In Tocci, the court found that, based on undisputed facts, the project owner failed to comply with the Prompt Pay Act’s requirements and such failure was a b...

Market Trends: What You Need to Know - According to the American Bar Association's Private Target Mergers and Acquisitions Deal Point Studies, financial statement representations are universally required from sellers in private company M&A deals, included in 100% of transactions covered by the most recent study in 2019. Originally Published in Bloomberg Law - January 2021....By: Goulston & Storrs PC

Sanofi announced that it has entered into an agreement to acquire Kymab, a clinical-stage biopharmaceutical company developing fully human monoclonal antibodies with a focus on immune-mediated diseases and immuno-oncology therapeutics, for an upfront payment of approximately $1.1 billion and up to $350 million upon achievement of certain milestones.  The acquisition will give Sanofi full global rights to Kymab’s KY1005, which binds to OX40-Ligand and has the potential to treat a wide variety of...

The Compliance Life details the journey to and in the role of a Chief Compliance Officer. How does one come to sit in the CCO chair? What are some of the skills a CCO needs to success navigate the compliance waters in any company? What are some of the top challenges CCOs have faced and how did they meet them? These questions and many others will be explored in this new podcast series. Over four episodes each month on The Compliance Life, I visit with one current or former CCO to explore their......

31 December - The Brexit Transitional Period (pursuant to which the UK stayed in the Single Market and European Customs Union came to an end. The FCA updated its Brexit webpages to remind firms of the potential impact this will have....By: Proskauer Rose LLP

In 2011 and 2012, the New York Court of Appeals decided a series of difficult cases addressing the circumstances under which a contractual waiver or release included in a buyout or other agreement between co-owners of closely held firms provides insulation from subsequent claims for breach of fiduciary duty or fraud......By: Farrell Fritz, P.C.

2020 was a tumultuous year for the healthcare industry, which continues to confront the effects of the COVID-19 pandemic. Despite these unprecedented and unpredictable times, healthcare merger and acquisition (M&A) activity did not decline as sharply as many predicted, even rebounding in the second half of the year. Year in Review for a breakdown of M&A activity and drivers in 2020 in the following hot sectors: • Hospitals • Post-Acute Care – Home Health & Hospice and Personal Care Servi...

New changes to UAE corporate and foreign ownership laws will abolish longstanding foreign ownership restrictions and remove substantial barriers to doing business in the UAE....By: Morgan Lewis