Legal News

• Following the financial crisis, nonbank lenders looking to carve out new, profitable niches—especially within the leveraged loan universe—quickly filled the lending gap created by the exit of banks. • The relatively swift recovery of the private...By: Akin Gump Strauss Hauer & Feld LLP

New Rules Governing Expanded Class Action Lawsuits in Italy to Take Effect on April 19, 2020 - The old thinking that class actions are only a threat in the US is history. The latest European example is Italy, where on April 3, 2019, the Italian...By: White & Case LLP

On July 8, Pennsylvania Gov. Tom Wolf held a ceremonial bill signing for two initiatives intended to encourage reporting of sexual harassment and sexual violence at institutions of higher education across the Commonwealth....By: Pepper Hamilton LLP

Q.  An employee at one of my company’s facilities in New York recently complained to his supervisor that his coworkers made fun of his disability. Can an employee with a disability file a “hostile work environment” claim under the Americans With...By: Pepper Hamilton LLP

The Ontario Court of Appeal recently released the second of two highly anticipated decisions stemming from the receivership proceedings of Dianor Resources Inc. The first decision clarified the test used to determine when a royalty interest...By: Bennett Jones LLP

On June 25, 2019, we wrote about proposed changes to the method for calculating size eligibility for small business set-aside contracts. This is the first in a series of articles exploring the proposed rule's specific impacts on federal government...By: Holland & Knight LLP

Antitrust class action counsel are in the business of extracting cash from defendants in the form of settlements that are, in effect, a tax on every transaction in the market covered by the case. The bigger the market, the greater the number of the...By: Proskauer Rose LLP

In May 2019, the SEC proposed amendments to the rules that require BDCs to include (i) certain financial information pertaining to their majority-owned or controlled portfolio companies and (ii) historical and pro forma financial information relating...By: Dechert LLP

The concept of a reverse merger, in short, holds that a privately held company acquires a publicly traded company. In so doing, the private company can gain access to public equity markets without going through the lengthy process of an IPO filing....By: Opportune LLP

The IRS has published Final Regulations finalizing its prior guidance that partners in a partnership must pay self-employment tax on their partnership income, even if they work for an entity owned entirely by the partnership and that is disregarded...By: Ballard Spahr LLP