More than two years since publishing the National Security and Investment White Paper, the U.K. government has finally published a response to its consultation on reforms to the U.K. investment screening process together with, most importantly, the draft National Security and Investment Bill....By: Faegre Drinker Biddle & Reath LLP
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Covid-19 has made 2020 into a year like no other with ‘stay at home’ orders and working from home the new normal. Nonetheless, the tech and pharma industries continued to attract immense antitrust scrutiny, with daily reports in the media and pressure from politicians to address what some perceive to be anticompetitive mergers by digital platforms and pharmaceutical companies, even while innovation in both sectors continues at breakneck speed. In this article, we discuss some of the most...By:...
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Discover the Trends in Healthcare Transactions, the Drivers Behind the Changes and What Lies Ahead as Stakeholders Deal With the Pressures of the Pandemic... After years of growth, healthcare deal activity slowed in the first half of 2020, with deal volume slipping below 500 for the first time since 2015. As it did in every aspect of our lives, the COVID-19 crisis had a chilling effect on healthcare transactions. But will that effect cause a sustained change in the healthcare transactions...By:...
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The UK has published a draft of its new National Security and Investment Bill, together with explanatory notes, heralding the introduction of a new regime for reviewing investments in the UK. The new regime would introduce, for the first time, a mandatory pre-screening mechanism for deals involving investments in sensitive sectors. This new regime represents a substantial expansion of the existing investment review mechanism in the UK in terms of both its scope and its powers, and is likely to.....
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A proposed development - A developer has obtained planning permission to build some affordable housing, but the land on which it wishes to build borders my land. Several years ago, when the land was divided up from a larger plot, my land secured the benefit of a restrictive covenant that prevents the construction of any buildings on the neighbouring land. Since the neighbouring land remains bound by that covenant, surely the grant of the planning permission is an oversight? If not, I will need...
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Gurney’s Inn is an iconic oceanside resort located in Montauk, New York, on the eastern tip of Long Island’s South Fork affectionately known as “The End.”...By: Farrell Fritz, P.C.
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A number of trends in the financial services industry related to consumer behavior have snowballed since the pandemic began and are quickly accelerating existing market forces. Those companies that place greater emphasis on scale, innovation, analytics and digital transformation will find themselves rewarded....By: FTI Consulting
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The PRC Export Control Law will come into effect soon on 1st December 2020. This new law makes a number of substantial changes to China’s current export control regulatory regime, indicating that the regulators may take a more active and pragmatic approach to broadly safeguard China’s national security and interests (especially in the area of technology) going forward....By: Allen & Overy LLP
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Representation and warranty insurance has changed the M&A market. The popularity of reps and warranties (R&W) insurance—which provides indemnity to buyers for breaches stemming from seller misrepresentations in acquisition agreements—skyrocketed in the past decade alongside a bustling M&A market. Sellers realized that R&W insurance was a useful tool that would enable them to offload risks associated with R&W breaches and avoid having to provide escrows and/or indemnifications as part of the......
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In D’Allesandro v. Lennar Hingham Holdings, LLC, 486 Mass 150, 2020 Mass. LEXIS 721, the Supreme Judicial Court of Massachusetts answered a certified question regarding how to apply the Massachusetts statute of repose, Mass. Gen. Laws ch. 260, § 2B, in regards to phased construction projects. The court held that, in this context, the completion of each individual “improvement” to its intended use, or the substantial completion of the individual building and the taking of possession for occupa...
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