M&A in Vietnam surged in Q3, thanks to an economy that has proved resilient in the face of a global pandemic - M&A in Vietnam has been remarkably robust in 2020. The total volume of deals over the first three quarters of the year has come to 37 deals, one more than in the same period in 2019. Although value decreased 16% over the same period to US$3.2 billion, this was still a far less steep rate of decline than global M&A deal value, which fell 28% over this period....By: White & Case LLP
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The Federal Antimonopoly Service strengthens enforcement of foreign investments legislation - Established by the Russian government in 2008, the Government Commission on Control over Foreign Investments in the Russian Federation is responsible for the review of foreign direct investment applications. The Government Commission is headed by the Chairman of the Russian government and composed of the heads of certain ministries and other government bodies. Following the appointment of Mikhail...By...
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Following our client alert published on October 12, 20201, described below are the projects announced in the Second Infrastructure Investment Plan, which includes 29 new projects, representing a total amount of MXN $228 billion pesos (approximately USD $11.4 billion). Second Infrastructure Investment Plan - On November 30, 2020, President Andrés Manuel López Obrador, together with the Business Coordinating Council, presented the Second Infrastructure Investment Plan, ratifying the Agreement.....
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This Newsletter of the Competition and Distribution team of BCLP's Paris office features some of the key developments of the last quarter. In this newsletter: ..To enable national authorities to better apprehend killer acquisitions, the European Commission (the "Commission") announces the “return” of Article 22 of the European Merger Regulation; ..As part of the review of the Vertical Block Exemption Regulation, the Commission publishes its roadmap and reveals the first reform options...By: ...
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Introduction and Market Update - We hope this report finds our clients and friends doing well and staying healthy during these challenging and uncertain times. Nearly a year into a global pandemic, we have all done, and will continue to do, our best to adapt to new realities. As we write this report from homes and offices across the country, in Washington, D.C., Austin, TX, Denver, CO and New York City, we recognize the unique challenges that individuals, companies, investors and governments......
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On November 30, 2020, the State Water Resources Control Board (State Water Board) staff issued a preliminary staff draft of the Statewide Construction Stormwater General Permit reissuance....By: Environmental General Counsel LLP
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A frequent topic of dispute in litigation involving construction projects is whether a subcontractor is entitled to payment for work it performs outside its contractual scope of work—often referred to as “extra work” or “change order work”—without obtaining a signed written change order to perform the work. The same issue often arises in the context of change orders and directives issued from the owner to the general contractor......By: Cole Schotz
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What will the oil and gas landscape look like in 2021? Managing Director Gary Pittman discusses bankruptcy and restructuring trends and what we can expect heading into the new year....By: Opportune LLP
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New measures enacted for the purpose of protecting the Spanish economy amid the COVID-19 crisis may persist longer than expected - The exceptional circumstances in the first and second quarters of 2020 brought about by the COVID-19 outbreak led the Spanish government to enact a number of urgent regulations establishing a new screening mechanism for certain foreign investments by virtue of Royal Decree Laws 8/2020 and 11/2020 (Real Decreto-ley 8/2020, de 17 de marzo, de medidas urgentes...By: W...
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Recent notable industry transactions. The Alan Turing Institute, the Royal Statistical Society and the UK Department of Health and Social Care's Joint Biosecurity Centre finalised a partnership agreement in relation to the provision of statistical modelling and machine learning expertise in support of the UK Government’s COVID-19 strategy....By: Dechert LLP
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