Legal News

The Polish government is planning to implement a special procedure to control acquisitions of "protected entities" by buyers from outside of the European Economic Area. "Protected entities" would include most listed companies, as well as private...By: White & Case LLP

Key Takeaways - On May 19, 2020, the U.S. Treasury Department, as chair of the Committee on Foreign Investment in the United States (“CFIUS” or the “Committee”), published its Annual Report to Congress on all notices filed with CFIUS in 2018, the...By: Dechert LLP

Four years after the European Commission (“EC”) thwarted Hutchison’s attempt to consolidate the UK mobile telecoms market through its planned acquisition of O2, the General Court yesterday dealt a crushing blow to the European Commission’s...By: White & Case LLP

The Internal Revenue Service (IRS) recently released Notice 2020-41 (the Notice), providing important relief with respect to the beginning-of-construction requirement for the production tax credit (PTC) and the investment tax credit (ITC) for certain...By: Skadden, Arps, Slate, Meagher & Flom LLP

IRS Notice 2020-41 provides relief for renewable energy projects that began construction in 2016 or 2017 by extending the “continuity safe harbor” to a five-year period....By: White & Case LLP

On May 18, 2020, California Senate Bill 977 (“SB-977”) was passed out of the California Senate Health Committee and is now scheduled for its first hearing before the Senate Appropriations Committee on June 1, 2020. SB-977 as written would subject...By: Sheppard Mullin Richter & Hampton LLP

Jurisdictions Limiting Construction Work - Massachusetts: Construction generally is allowed in Massachusetts for all residential construction and certain “essential” commercial construction, including in the City of Boston, as of May 26, 2020....By: Saul Ewing Arnstein & Lehr LLP

Due to supply chain disruptions related to the COVID-19 pandemic, the IRS released Notice 2020-41 (the “Notice”), which grants two beginning construction-related extensions for renewable energy projects that produce electricity from sources such as...By: Foley & Lardner LLP

Here are two things you need to know when purchasing oil and gas assets from distressed companies......By: Opportune LLP

As the construction industry adapts to operating in a COVID-19 world, the effects of the pandemic will continue to be felt as the economy moves from crisis to recovery. Projects have taken an array of unexpected turns during emergency shutdowns and...By: Bennett Jones LLP