Legal News

The COVID-19 pandemic is having a profound impact on construction projects across Canada causing delays, lost productivity, increased costs and lost profits. To mitigate the impact of these risks, it is imperative that parties across the contractual chain implement proactive identification and management steps. Below is a high-level overview of the most common types of claims expected as a result of the pandemic, and practical considerations for mitigating these risks....By: Bennett Jones LLP

The fourth of a six-part series examining six specific and evolving rights plan provisions. As discussed in greater detail in some of our prior articles, a shareholder rights plan is a protective measure used by a public company to deter (though not necessarily prevent) a stockholder from exceeding a specified ownership percentage without prior approval from the company’s board......By: Morrison & Foerster LLP

A number of regulators across the globe responded to recent market volatility by introducing temporary short selling bans and/or market restrictions. Such bans have since expired as of 18 May 2020. Other regulators (including the UK) said that there was no evidence to suggest that short selling had been the driver of recent market falls and emphasised the important role short selling plays in liquidity provision and price discovery, but in some cases nonetheless imposed lower thresholds for...By...

Phase Two. Second Wave. Essential Business. These are all terms that have taken on significantly changed meanings in the last three months. As many businesses push to navigate reopening in the new reality of reduced capacity, most construction companies never really stopped......By: Smith Debnam Narron Drake Saintsing & Myers,

Earlier this month, the Criminal Division of the United States Department of Justice (DOJ) updated its Evaluation of Corporate Compliance Programs guidance. In considering enforcement actions against companies, prosecutors use the guidance to assist...By: Foley Hoag LLP - White Collar Law &

On June 1, 2020, the US Department of Justice ("DOJ") published an updated version of its guidance on the "Evaluation of Corporate Compliance Programs" (the "Guidance"), which was first published in February 2017. When announcing the June 2020...By: White & Case LLP

Buyout firms must beware the unique legal, regulatory, and commercial issues that can complicate sports transactions and impact returns. Private equity interest in sports assets has grown over the last few years, with investments in teams, leagues,...By: Latham & Watkins LLP

Amid FDI screening regime expansion, deal teams have opportunities to capitalise on newly available exemptions, but must beware novel complexities. US intervention in the proposed acquisition of hotel-software company StayNTouch by a Chinese...By: Latham & Watkins LLP

Digital due diligence becomes increasingly important when buying digitally native beauty brands. Recent high-profile beauty M&A deals, coupled with current economic uncertainty, have brought renewed interest in the “lipstick effect”. Much cited in...By: Latham & Watkins LLP

Buyout firms planning an acquisition or preparing a portfolio company for exit must consider the impact of poor corporate culture, particularly on a potential IPO. No institution, whatever its geography, industry, sector, or size, is above the...By: Latham & Watkins LLP