Legal News

The CARES Act’s Paycheck Protection Program (PPP) was a boon to many businesses, but some of its particularities have become a headache to acquiring taxpayers. Our Federal Tax Group untangles how PPP loans affect employee retention credits and deductions....By: Alston & Bird

In yet another blow to the suffering movie theater industry, Warner Bros. announced on Thursday that all of its 2021 release calendar—including “big-budget extravaganzas like ‘Dune’ and ‘The Matrix 4’”—will arrive “simultaneously in theaters and on the HBO Max streaming service in the United States.” The move, which Warner is calling a “unique one-year plan,” is the company’s means for addressing its assessment that U.S. moviegoing won’t recover until at least next fall....By: Robins Kaplan LLP

Foreign investment control has become a key factor in M&A deals and 2020 has been an eventful year. A large number of economies have introduced foreign investment control regimes or tightened their existing rules....By: Hogan Lovells

On 31 January 2020, the UK left the European Union and entered a transition period that is due to end at 11:00 pm GMT on 31 December 2020. At this point, it is still uncertain whether a new EU/UK deal will be reached. To support Brexit readiness planning in a fast-moving environment, we have reviewed a range of possible impacts across 11 discrete areas, considering UK and EU policy, as well as regulatory and legislative developments since the EU referendum in 2016....By: Cooley LLP

In Appeal of Watts Constructors, LLC, the Armed Services Board of Contract Appeals (the “Board”) held that a contractor was not excused from following contract plans and specifications despite the observation by government quality assurance inspectors of non-compliant electrical work during installation. This case is a reminder to contractors (including, of course, government contractors) that the owner is generally entitled to strict compliance with its plans and specifications, and that a......

It is rare for the holding in a single criminal case to have such far-reaching implications that it affects nearly every industry in a particular state. But that is what happened on July 9, 2020, when the United States Supreme Court overturned Jimcy McGirt’s criminal conviction in Oklahoma state court by holding that Oklahoma did not have jurisdiction to prosecute McGirt (a citizen of the Creek tribe) for a crime committed within the boundaries of the Creek Nation......By: Bradley Arant Boult C...

McDermott was delighted to partner with the BVCA (British Venture Capital Association) on its recent virtual Sector Forum Series: Healthcare event. The event gathered industry experts – from entrepreneurs, to investors and advisers – to discuss the challenges, trends and opportunities within healthcare across the United Kingdom, Europe and globally. This half-day forum took an in-depth look at healthcare’s attractiveness, characteristics, rate of growth and the outlook for private equity and....

Take a look at a construction site today and you may see drones flying overhead, robots working on buildings, and construction workers donning wearable technology that monitors their health and activity. Construction technology has continued to progress with the times, and companies within the industry are utilizing the latest advancements more than ever before – often before an actual project has even begun......By: Shutts & Bowen LLP

As the pandemic continues to change the economic landscape, financial services companies and investors may be looking to make strategic acquisitions. Among the numerous business and legal considerations that go into those investments, one must also be aware of "change in control" concerns when the target company holds a state license. Financial services companies are often very familiar with the numerous obligations that arise from licensing. Obtaining the license can involve long, detailed...B...

During Ward and Smith’s recent virtual "Construction Conference," six of my partners and I covered a range of emerging legal issues — most related to the pandemic — that are important for construction companies. In a rapid-fire legal update format, we covered how......By: Ward and Smith, P.A.