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Structured Finance Bulletin - Winter 2020

The implications of the 2020 election for structured finance are coming into focus. Informed by our discussions in Washington, we can anticipate the likely direction of federal policy over the next two years that will impact the structured finance markets. Please see full Publication below for more information....By: Mayer Brown - Retained Interest
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Developers Beware – Restrictive Covenants Update

Executive summary - This is the first time that the Supreme Court has had to decide an appeal relating to section 84 of the Law of Property Act 1925 (section 84). This is the piece of legislation that gives the Upper Tribunal (Lands Chamber) (Upper Tribunal) discretion to discharge or modify restrictive covenants to enable development of burdened land....By: K&L Gates LLP
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K&L Gates LLP | Dec 10,2020 |

The Use Class that keeps on giving

Just when you thought that no more excitement could happen in the planning world, the government has launched a consultation seeking views on potentially far reaching proposals to allow a change of use from any Commercial, Business and Service (the new Class E) to residential (Class C3)....By: Hogan Lovells
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Hogan Lovells | Dec 10,2020 |

Egyptian Cabinet Approves Its First Pre-Merger Notification Regime

Egypt is getting closer to adopting a new merger control regime that would transform the system from a post-closing to a pre-closing filing regime. The Egyptian Council of Ministers has approved a draft proposal to amend Egypt's antitrust legislation accordingly. If enacted, the amendments would likely have significant implications for transactions involving parties with business in Egypt....By: White & Case LLP
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White & Case LLP | Dec 09,2020 |

New Stormwater Rules Proposed for Future California Construction and Development Projects

Our Environment, Land Use & Natural Resources Group deconstructs the California State Water Resources Control Board’s draft of the new construction stormwater permit ahead of the upcoming public workshops....By: Alston & Bird
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Alston & Bird | Dec 09,2020 |

Court Finds No Substantial Federal Issue Engendered By Claim Of California Option Plan Exemption

The United States federal courts are courts of limited jurisdiction.  Therefore, it is not always possible to make a "federal case" out of claim, even when issues of federal law may be involved. ...By: Allen Matkins
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Allen Matkins | Dec 09,2020 |

MoFo 2020 Asia Buyouts Report: Update On Deal Terms – II. Fair Disclosure

We looked at 28 deals across Asia signed or closed pre-COVID-19 in which the buyer or a group of affiliated buyers acquired all or a significant majority of the outstanding equity of the target. We examined the common key terms in these deals and have sought to provide our insights on the patterns that the results reveal......By: Morrison & Foerster LLP
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Morrison & Foerster LLP | Dec 09,2020 |

UK Competition and Markets Authority Has Proposed Updates to Merger Assessment

Following its review of a series of global deals in the digital markets space, the U.K.’s Competition & Markets Authority (the CMA) has launched a consultation on revised merger assessment guidelines (the draft guidelines) codifying its evolving practice in the digital sector and addressing recommendations made by the Furman report (Unlocking digital competition: Report from the Digital Competition Expert Panel) and the Lear report (Ex-post Assessment of Merger Control Decisions in Digital...By...
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The proposed new UK national security investment screening regime significantly affects the way investments can be reviewed by the UK government

Hogan Lovells Publications | 08 December 2020 The UK has published proposals for a new regulatory regime, the National Security and Investment (NS&I) Bill, which, on enactment, will significantly affect the way investments in the UK can be reviewed by the UK government where they raise national security considerations....By: Hogan Lovells
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Hogan Lovells | Dec 08,2020 |

Law Firm Mergers in the Time of (and After) COVID

Since the COVID epidemic took hold there has been a significant reduction in the number of law firm mergers and acquisition transactions announced, and an even greater drop off in larger transactions.  Few deals announced since March included an acquired firm of 10 lawyers or more, with only Dentons’ combination with 96-lawyer Durham Jones &…...By: LawVision
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LawVision | Dec 08,2020 |
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