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Blog: Highlights from Cooley’s M&A Dealmakers Roundtable: SPACs!

On September 24, Cooley M&A partner, Garth Osterman, moderated a webinar on the current trend in going public: SPACs! Dave Peinsipp, co-chair of Cooley’s capital markets practice group and Rama Padmanabhan, a Cooley M&A partner participated in the webinar which focused on the current wave of SPAC activity and how it compares to prior iterations, in addition to discussing some of the key differences and similarities between SPACs and IPOs, as well as current trends in SPAC business combinations....
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Cooley LLP | Oct 30,2020 |

Litigation Privilege Saves the Day for Mechanic's Liens

In RGC Gaslamp v. Ehmcke Sheet Metal Co., the Fourth Appellate District held that a trial court properly granted an anti-SLAPP motion because the recording of a mechanic’s lien is protected by the litigation privilege....By: Haight Brown & Bonesteel LLP
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DAMITT Q3 2020: Trump/Biden U.S. Election Antitrust Preview; End of Brexit Transition Period in Sight

The Dechert Antitrust Merger Investigation Timing Tracker (DAMITT) is a quarterly release from Dechert LLP reporting on trends in significant merger control investigations in the United States (U.S.) and European Union (EU). In the U.S., “significant” merger investigations include Hart-Scott-Rodino (HSR) Act reportable transactions for which the result of the investigation by the Federal Trade Commission (FTC) or the Antitrust Division of the Department of Justice (DOJ) is a consent order, a....
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Dechert LLP | Oct 30,2020 |

Painting over Property Rights: The Effect of the Visual Artists Rights Act on Real-Estate Development

The Lillian Corporation purchases a vacant and dilapidated office building with plans to demolish it and build luxury condos. Only one thing stands in the way: a mural on the side of the building painted years earlier by a well-known local artist, Phillip Semenko....By: Gray Reed
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Gray Reed | Oct 29,2020 |

[Video] Monthly Minute | Due Diligence Considerations Related to COVID-19

Once a month, we cover an interesting topic with a short video. This month, Associate Sarah Beth Barnes discusses due diligence considerations related to COVID-19....By: Kilpatrick Townsend & Stockton LLP
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An Urban Renewal Project Agreement Is Not Transferrable

In urban renewal projects, residents or owner’s rights holders select the company with whom they are willing to embark upon this long journey, based on relationship of trust and competence. The trust required leads both parties to execute a binding agreement. Understandably, residents expect the company which whom they have contracted with to remain unchanged…...By: Barnea Jaffa Lande & Co.
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Barnea Jaffa Lande & Co. | Oct 29,2020 |

Alvotech Announces Private Placement Financing

Yesterday, Alvotech announced that its parent company, Alvotech Holdings SA, completed a $65 million private placement round, which the company said is part of its $100 million private placement round with a second closing expected shortly. Alvotech further reported that the $65 million financing resulted in the company issuing new shares to a group of new investors and existing shareholders, and will further finance the development and release of its biosimilar candidates....By: Goodwin
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Goodwin | Oct 29,2020 |

Kangaroo Court: Data, Time, and AI in the M&A Process

Whatever the type of M&A transaction, there is always the possibility that information may slip through the cracks. The growth in size and type of data exchanging hands throughout this process means that a more robust method is required for complimenting the work of M&A and Antitrust practice groups. Today, artificial intelligence can be used throughout the transaction, from early stages of preparation to post-closing analysis. It is about enhancing the work of the attorney, and respecting that....
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Appellate Court Upholds Zoning Board’s Denial of Patio Setback Variance

In July of 2016, Lisa and Robert Gerbino (hereinafter “Gerbinos”) made an application to the Town of East Hampton Zoning Board of Appeals (“ZBA”) for setback relief to allow an existing patio that was built without a permit to remain 10.2 feet from the southern property line where 20 feet is required at their property located at 3 Old Station Place, Amagansett....By: Farrell Fritz, P.C.
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Farrell Fritz, P.C. | Oct 29,2020 |

Chancery Addresses Contract and Fraud Claims Relating to M&A Post-Closing Price Adjustments

Roma Landmark Theaters, LLC v. Cohen Exhibition Co., LLC, C.A. No. 2019-0585-PAF (Del. Ch. Sept. 30, 2020) - In Roma Landmark Theaters, the parties’ purchase agreement contained a framework for post-closing price adjustments and set forth the pre-closing duties of the buyer (but not the sellers) relating to certain calculations and financial information....By: Morris James LLP
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Morris James LLP | Oct 29,2020 |
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