The Covid-19 health crisis has sent widely-discussed shockwaves through the real estate industry that could have long-reaching impacts on the future of land use on Long Island. For starters, the pandemic shutdown hit the brick-and-mortar retail industry like a bomb....By: Farrell Fritz, P.C.
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Considerations when reviewing your MAC Clause in a COVID-19 Climate - As was the case after the global financial crisis in 2008 and Japan's triple disaster in 2011,companies are turning their minds to their potential exposure to, or their ability to rely on, material adverse change (MAC) clauses in light of recent events surrounding COVID-19. Please see full Publication below for more information....By: Hogan Lovells
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Productivity loss claims are one of the biggest issues in construction arbitration and litigation. Whilst there are many factors that cause lost productivity, and the subsequent complaints and additional costs routinely made during the course of a construction project, they remain notoriously difficult to prove. The generally preferred method for valuing loss in labour productivity due to disruption is by use of the “measured mile” technique. However, without proper cause and effect analysis t...
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As businesses continue to adapt to COVID-19, so does the process and focus on M&A activity in this new environment. I recently moderated a panel on How to Get a Deal Done During COVID-19 at the Business Transitions Forum East Conference 2020, which looked at some of the key business and legal issues companies are dealing with in M&A....By: Bennett Jones LLP
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On 2 November 2020, Indonesia’s Law on Job Creation went into effect. The Law, amends or revokes over 78 existing laws and introduces new provisions with the aim of increasing investment into Indonesia, and in turn creating jobs. It aims to resolve areas which have frequently caused problems for investors, including: (i) cumbersome licensing procedures; (ii) contradictory regulations and authorities; (iii) rigid labour legislation; and (iv) difficulty in procuring land. Additionally, the Law o...
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Since the dawn of mankind, underground structures, either natural or manmade, were part of life. From the Eupalinian Aqueduct built in the sixth century BC to the deep excavations for the high-rise buildings of Manhattan skyline, to the Doha Metro, the geotechnical sector has become a very specialised industry. Please see full Publication below for more information....By: FTI Consulting
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Now that it appears Joseph R. Biden Jr. has won the presidency, it’s time to take a serious look at the Democratic Party platform and how a Biden administration will likely impact business....By: Dechert LLP
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Control over pre-packs looks set to tighten further - As we stand looking into the abyss of another financial crisis, the UK government looks set to further tighten the screw to control pre-packaged sales to connected parties. The writing has been on the wall since Theresa Graham’s 2014 report on sales to connected parties – although the government hoped it might do enough with the introduction of the pre-pack pool, it reserved the right to take further steps if deemed necessary. With very l...
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Dear YouDig? We are a well-established and successful multi-national manufacturer. We sought to hire a certain specialty construction firm to be general contractor for several of our plant expansions. Well, we started exchanging contract language and out of nowhere, they demanded that we give “reasonable evidence of our financial arrangements” up front. They also want to look over our shoulder while the project is progressing......By: Buckingham, Doolittle & Burroughs, LLC
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This round-up collates the information, analysis and guidance relating to insolvency issues shared by our Construction and Restructuring, Insolvency and Bankruptcy teams during the COVID-19 pandemic....By: Dentons
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