Legal News

The Small Business Administration (SBA) recently released a procedural notice concerning when a borrower of a Paycheck Protection Program (PPP) loan may forgo SBA approval in connection with a merger or acquisition. The notice clarifies previous uncertainty regarding when a PPP borrower may be required to obtain SBA approval....By: Parker Poe Adams & Bernstein LLP

Recent insolvency law reforms in the UK, Singapore and Australia impact upon the ability of a party to a construction contract to terminate it due to the other party's insolvency......By: White & Case LLP

Welcome to the October issue of Blakes Competitive Edge, a monthly publication of the Blakes Competition, Antitrust & Foreign Investment group. Blakes Competitive Edge provides an overview of recent developments in Canadian competition law, including updates on enforcement activity by the Canadian Competition Bureau (Bureau), recent initiatives and key trends....By: Blake, Cassels & Graydon LLP

A series of exit megadeals doubled the value recorded in Q3 2019, while global buyout activity lost momentum, growing more modestly in the third quarter. Global PE activity in Q3 reflected an unpredictable year for dealmaking. Global deal volume dropped 27% year on year to 1,028 deals, while value rose by 47% to US$314 billion....By: White & Case LLP

Bricker & Eckler's construction attorneys are proud to present "Top Gun," our premier Midwest construction claims webinar series. This free event will cover: - Important construction concepts, including key contract language, best practices for project documentation, the risks of unforseen site conditions, delays and lost productivity claims, and the design professional's standard of care - Strategies to address damage and claims - Tools to analyze, prepare for, and defend against claims for...

JLL Partners has announced it has acquired MedeAnalytics. MedeAnalytics, based in Richardson, Texas, is a cloud-based enterprise analytics solutions provider for health systems and health plans....By: McGuireWoods LLP

The mere allegation of fraud has the potential of wreaking havoc with the carefully negotiated limits on liability specifically set forth in private company acquisition agreements. This is particularly true for the private equity seller distributing the proceeds of a portfolio company sale to its limited partners in reliance upon those limits on post-closing liability. And the use of robust and properly placed anti-reliance clauses to limit the universe of purported representations as to which.....

The Paycheck Protection Program (the “PPP”) created under the CARES Act has provided much needed assistance to millions of businesses and other organizations operating in the United States that have been impacted by the COVID-19 pandemic. This program continues to evolve with the latest development addressing situations in which a PPP borrower is participating in a change of control, merger or an acquisition transaction....By: Dorsey & Whitney LLP

On September 14, 2020, Division One of the Washington Court of Appeals provided clarification in the case of Lake Hill Investments, LLC. V Rushforth Construction Company, Inc., Case No. 79116-8-I, on how the Spearin Doctrine should be applied as a defense to a claim for faulty construction. The court also discussed how delay should be allocated for purposes of imposition of liquidated damages....By: Davis Wright Tremaine LLP

New Disney CEO Bob Chapek made one of his biggest moves yet since taking the reins, announcing a realignment “of its business divisions on Monday that placed the focus squarely on Disney+ and its other streaming services as the future of the company’s creative efforts.” The shift has parallels to WarnerMedia’s reorg in August that “aligned all of its business units under HBO Max, its streaming service”....By: Robins Kaplan LLP