Legal News

A board of directors’ vision and leadership becomes particularly vital during times of distress. While day-to-day operations rest with management, both fiduciary duty law and sound corporate governance practices call for the board to set a tone at...By: Vinson & Elkins LLP

The Delaware Court of Chancery’s 2016 decision in In re Trulia Stockholder Litigation sought to address the trend of meritless merger lawsuits flooding the Chancery Court.  Following the decision, however, the battleground of merger deals simply...By: Seyfarth Shaw LLP

American Airlines Group Inc. stated that it plans to pledge its loyalty program “as collateral for a $4.75 billion government loan as it seeks to shore up capital to manage through the coronavirus pandemic.” The company expects second quarter revenue...By: Robins Kaplan LLP

- DOJ’s update offers additional insights into its approach to evaluating corporate compliance programs. - The update places emphasis on compliance programs that are continuously improving, data driven and supported with sufficient resources and...By: Akin Gump Strauss Hauer & Feld LLP

On June 4, 2020, President Trump signed an executive order to provide federal agencies the foundation to speed up environmental permitting in the wake of COVID-19....By: Nossaman LLP

As the wave of reopening orders sweeps across the country, businesses see a light at the end of the tunnel. That light, however, in many instances is still yellow, and may be so for some time to come....By: Pepper Hamilton LLP

On May 21, 2020, the Securities and Exchange Commission announced rule and form amendments that will affect registrants’ financial disclosures relating to business acquisitions and dispositions. The amendments are intended to streamline the required...By: Dorsey & Whitney LLP

Gables Construction, Inc. v. Red Coats, Inc., No. 23, 2020 BL 193791, 2020 MD LEXIS 264 (Md. May 26, 2020) - Upper Rock II, LLC (“Upper Rock”) contracted Gables Construction, Inc. (“GCI”) to construct a multi-building apartment complex in Rockville,...By: Pepper Hamilton LLP

Philadelphia Zoning, Land Use, and Construction COVID-19 Update - Currently, the City of Philadelphia is in the beginning stages of reopening, and most zoning and land use reviews are proceeding (with the exception of the Zoning Board of...By: Ballard Spahr LLP

Whether an arbitration agreement is enforceable is a frequently litigated matter in construction disputes. Federal policy strongly favors arbitration. Typically, the Federal Arbitration Act (FAA) will preempt any contrary state law that might...By: Bradley Arant Boult Cummings LLP