Legal News

Refinancing activity has proven an attractive option amid COVID-19 disruption, with borrowers in good standing seeking to extend maturities and take advantage of low interest rates - Refinancing issuance across high yield bond markets in the United States and Western and Southern Europe, as well as Asia Pacific (excluding Japan), has experienced record levels of activity despite COVID-19....By: White & Case LLP

On November 12, 2020, President Trump issued an Executive Order titled "Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies," which will prohibit U.S. persons from participating in certain types of "transactions" involving securities of "Communist Chinese military compan[ies]" beginning January 11, 2021. On November 12, 2020, President Trump issued an Executive Order titled "Addressing the Threat from Securities Investments that Finance Communist....

Japanese companies have long seen the UK as a gateway into Europe. However, the daunting prospect of a no-deal Brexit has already prompted many Japanese companies to shift their operations or European headquarters from the UK to the continent....By: Hogan Lovells

The proposed regime is a huge departure for the United Kingdom, since it introduces mandatory filings for certain investments raising a national security concern, while it also gives the UK government extensive call-in powers for a period of up to five years for completed transactions, and it has retrospective application for transactions closing on or after 12 November 2020 but before the Bill is enacted. Please see full Publication below for more information....By: Morgan Lewis

There is no change in the two key issues that have been causing concern to those involved in real estate development, whether as an owner, developer or contractor, both before and throughout the transition period......By: Hogan Lovells

The UK Competition and Markets Authority published for consultation updated guidelines setting out its approach to analysing mergers on 17 November. The guidelines update the current merger assessment guidelines (CC2/OFT1254)......By: Morgan Lewis

Any deal is unlikely to have a significant impact on the laws which directly govern companies and transactions but dealmakers will need to understand the implications of issues such as merger control and data transfers. That would be equally true in a no-deal scenario....By: Hogan Lovells

Tishman Speyer forms $300 million SPAC to invest in PropTech companies - Bullet The Real Deal – October 26 - Tishman Speyer has formed a $300 million blank-check company — becoming the first major real estate owner to embrace what’s become a wildly popular but speculative investing tool......By: Allen Matkins

The Oregon Court of Appeals recently issued a decision touching on the economic loss doctrine and vicarious liability in a construction dispute. The outcome provides key lessons for manufacturing companies that may maintain principal-agent relationships with distributors or maintenance service companies based on the level of control one party exerts over the other....By: Davis Wright Tremaine LLP

The U.S. Department of Labor (DOL) published an opinion letter, FLSA 2020-16, considering whether the travel time of foremen and laborers is compensable in three different scenarios. The DOL makes clear that, for some nonexempt employees, whether travel away from home is compensable depends on when and how the employee travels....By: Perkins Coie