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Borough of Phoenixville – Partial Sale of Water System

On December 4, 2019, the Borough of Phoenixville, Chester County (“Borough”) closed on the sale of a portion of its water system to Aqua Pennsylvania, Inc. (“Aqua”) for $3.46 million.  Importantly, the Borough will retain full ownership and control...By: McNees Wallace & Nurick LLC
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McNees Wallace & Nurick LLC | Feb 27,2020 |

Industrial policy strikes again: Germany announces further tightening of Foreign Investment Control rules

For M&A transactions in Germany and beyond, Foreign Investment Control screenings have become an indispensable standard element to assess when structuring deals and planning for regulatory review. Similarly to merger control, acquirers and sellers...By: Hogan Lovells
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Hogan Lovells | Feb 27,2020 |

Thinking ahead: Distressed M&A in uncertain times

Almost a decade into the current bull market, many economic prognosticators are warning of a coming downturn. At the same time, political upheaval and uncertainty around the world is changing the landscape for cross-border trade—including mergers and...By: Hogan Lovells
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Hogan Lovells | Feb 27,2020 |

Workplace Privacy Compliance

Protection of privacy in employment relationships: the case for Costa Rica - Why Should You Consider A Workplace Privacy Compliance Program? - Have you considered how monitoring tools such as GPS, entrance controls, phone recording, online...By: Dentons
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Dentons | Feb 27,2020 |

SEC Charges Diageo for Violation of Known Trends MD&A Disclosure Requirements

On Feb. 19, 2020, the SEC announced charges against Diageo plc, an alcoholic beverages company, arising out of its failure to make required disclosures of known trends with respect to alleged unsustainable overshipments of unneeded products by its...By: Kramer Levin Naftalis & Frankel LLP
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When is suspending an employee a breach of trust and confidence?

Suspension can be a very useful tool for employers. However, in certain circumstances it can amount to a breach of trust and confidence, which would then allow the suspended employee to resign and claim constructive unfair dismissal. The recent case...By: Dentons
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Dentons | Feb 27,2020 |

The NLRB Issues Final Rule on Joint Employment

- On February 26, 2020, the NLRB issued a final rule tightening the standard for joint employment under the NLRA. - The joint-employer standard is important because if two entities are joint employers, both must bargain with the union that...By: Akin Gump Strauss Hauer & Feld LLP
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NLRB Releases New Rule for Determining Joint Employer Status

On February 26, 2020, the National Labor Relations Board (“NLRB”) released its long-anticipated rule that redefines the agency's test for determining whether businesses can be deemed "joint employers" for purposes of the National Labor Relations Act....By: Harris Beach PLLC
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Harris Beach PLLC | Feb 27,2020 |

Managing the Commercial Impact of the Coronavirus: An Effective Supply Chain Response Plan

...The coronavirus (provisionally named SARS-CoV-2, with its disease being named COVID-19) has now been documented in six of the world’s seven continents, with more than 80,000 cases, sparing only Antarctica. Closer to home, the message this week...By: Foley & Lardner LLP
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Foley & Lardner LLP | Feb 27,2020 |

Appraisal of Panera Bread: Court of Chancery Again Defers to Deal Price, Denies Request for a Refund of the Amount of Synergies

In re Appraisal of Panera Bread Co., C.A. No. 2017-0593-MTZ (Del. Ch. Jan. 31, 2020). JAB Holdings B.V. (“JAB”), a private company that also owns Einstein Bros., Caribou Coffee and Krispy Kreme, acquired Panera Bread Company (“Panera”) via a...By: Morris James LLP
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Morris James LLP | Feb 27,2020 |
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