Legal News

A recent case on estoppel by convention in the context of an owner's termination of a construction contract provides a valuable reminder to both legal practitioners and project personnel on the dangers associated with ignoring the contract, even when it may seem safe to do so....By: Bennett Jones LLP

On October 26, 2020, we provided an overview of the key features of Bill 37, Builders' Lien (Prompt Payment) Amendment Act, 2020, which is intended to amend the Alberta Builders' Lien Act (BLA) and become the Prompt Payment and Construction Lien Act. On October 28, 2020, Bill 37 passed its second reading in the Legislature of Alberta and on November 4, 2020, an amendment to Bill 37 titled Amendment A1 was carried. This amendment made substantial modifications to Bill 37 including......By: Bennet...

Most deals are approved, but new rules covering more types of transactions and requiring mandatory filings in certain cases have changed the landscape - The Committee on Foreign Investment in the United States (CFIUS), which is led by the US Department of the Treasury and made up of US national security and economic agencies—including Defense, State, Justice, Commerce, Energy and Homeland Security—conducts national security reviews of foreign direct investment (FDI) into the United States......

In a major shift (and with antitrust regulators breathing down its neck), Apple is halving the App Store fee it charges developers (from 30% to 15%) who produce “as much as $1 million in annual revenue from their apps and those who are new to the store.” Apple’s cut of App Store revenue has been a hot topic in recent months, as best exemplified in its ongoing battle with Fortnite maker Epic Games....By: Robins Kaplan LLP

Maeda Corporation and China State Construction Engineering (Hong Kong) Limited v Bauer Hong Kong Limited handed down in the Hong Kong Court of Appeal has significantly elevated the fundamental importance of so-called ‘time-bar’ clauses (commonly seen in engineering, procurement and construction (EPC) contracts, International Federation of Consulting Engineers (FIDIC) forms of contract (e.g., Clause 20.2.4 of the Second Edition of the FIDIC Silver Book) and many forms of international...By: Aki...

This brief guide provides updates on the impact of COVID-19 on merger control reviews around the world. Please see full Publication below for more information....By: Latham & Watkins LLP

Today, after remarking at a press conference that Pennsylvania will not return to its prior color-coded system of COVID-19 risk mitigation practices for counties ( i.e. red, yellow and green), the Secretary of Health for the Commonwealth of Pennsylvania issued two new statewide health orders affecting construction firms and construction activities. These orders, which apply to a full range of businesses throughout the state, are designed to address a rise in incidence of the disease and involve....

This presentation provides a general overview of market changes that have occurred in the upstream oil and gas space in 2020. It further identifies alternative structures for acquiring or divesting distressed upstream oil and gas assets. It also focuses on general market dynamics with respect to bankruptcy or 363 processes in the upstream oil and gas space....By: Vinson & Elkins LLP

Are you positioning your business for growth or consolidation opportunities in 2021? Join Balch & Bingham’s Houston lawyers to hear their perspectives on how to plan now to achieve next year’s goals and maximize potential opportunities in the energy/oil & gas sectors. During this one-hour webinar we will discuss: - The emerging trends in energy in Texa - The key drivers behind M&A activity today - Current landscape in capital markets for oil & gas companies - Latest on private equity -....

Earlier this week, the 4th Circuit Court of Appeals stayed construction of the Mountain Valley Pipeline. The Court did so with a two-sentence order stating that an opinion would follow. The order was issued hours after oral argument. Why the hurry?...By: Foley Hoag LLP - Environmental Law