A recent Delaware Court of Chancery decision confirms that, unlike in statutory mergers, the attorney-client privilege will remain with the target entity in an asset sale unless the attorney-client privilege is explicitly waived or transferred to the...By: Pepper Hamilton LLP
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On June 4, 2020, in response to the ongoing COVID-19 pandemic, the IRS issued Notice 2020-39 to provide relief regarding various deadlines applicable to the federal opportunity zone program....By: Pierce Atwood LLP
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On June 1, the U.S. Department of Justice updated its guidance on the Evaluation of Corporate Compliance Programs (DOJ Compliance Guidance). While the changes are modest, they reflect DOJ’s evolving expectations regarding effective corporate...By: Pepper Hamilton LLP
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It’s still not business as usual for foreign investors looking to acquire Canadian businesses. With so much at stake, we’ve asked Julie Soloway and Navin Joneja to share their insights on the current state of affairs and what lies ahead. "Parties to...By: Blake, Cassels & Graydon LLP
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Key Takeaways - The COVID-19 economic crisis has increased the risk of investment disputes in the banking and financial sector, as the economic effects of the crisis spiral and as governments introduce responsive measures....By: Dechert LLP
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On 20 April 2020, the Anti-Monopoly Bureau of the State Administration for Market Regulation of China (SAMR) made a simplified pre-merger filing announcement on its website of its acceptance of a pre-merger control filing for the proposed business...By: K&L Gates LLP
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Among various other disruptions and turbulence that COVID-19 has brought to the construction industry, it has also introduced new concerns about the way we use and design public spaces. These insights provide new and distinctive opportunities — and...By: Faegre Drinker Biddle & Reath LLP
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The New York City Department of Buildings (DOB) has announced that the city will enter Phase One of the State Reopening Plan on June 8. Work on all job sites will continue subject to permits issued by the DOB or otherwise regulated by the New York...By: Fox Rothschild LLP
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So about those May jobs numbers . . . . The return of 2.5 million jobs in May was a welcome and largely unexpected surprise. But the Bureau of Labor Statistics admitted later on Friday that the unemployment rate—reported as falling from 14.7% in...By: Robins Kaplan LLP
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On May 21, 2020, the Securities and Exchange Commission finalized and adopted its eagerly awaited revisions to Regulation S-X with respect to financial disclosures for business acquisitions and dispositions. While many of the revisions are quite...By: Hodgson Russ LLP
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