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367 results found

Article

O'Melveny & Myers LLP | USA | 23 Mar 2020

Delaware Supreme Court Endorses Exclusive Federal Forum Charter Provisions for Federal Securities Act Claims

On March 17, 2020, the Delaware Supreme Court ruled that federal forum selection clauses in corporate charters and by-laws for claims under the…
Article

O'Melveny & Myers LLP | European Union, USA | 23 Mar 2020

Flexibility of EU State Aid Rules in Response to COVID-19 Impact

The European Commission (EC) has vowed to support aid schemes that several EU Member States are developing to help businesses affected by the ongoing…
Article

O'Melveny & Myers LLP | USA | 20 Mar 2020

President Trump Invokes the Defense Production Act

On March 18, 2020, the President issued an Executive Order invoking the Defense Production Act of 1950 (50 U.S.C. §§ 4501 et seq.). The Defense…
Article

O'Melveny & Myers LLP | USA | 20 Mar 2020

Antitrust Enforcers to be Active Monitoring Marketplace Activity Related to COVID-19

As countries close their Borders and institute societal restrictions to combat the spread of COVID-19, manufacturers and retailers of essential…
Article

O'Melveny & Myers LLP | USA | 20 Mar 2020

Companies Should Consider Adopting Net Operating Loss Rights Plans in the Wake of the Coronavirus (COVID-19) to Protect Net Operating Losses

As boards of directors consider measures to limit the fallout from the coronavirus (COVID-19) pandemic, they should examine their companies’ ability…
Article

O'Melveny & Myers LLP | USA | 19 Mar 2020

Families First Coronavirus Response Act Is Signed Into Law, Providing Paid Family and Sick Leave for Many Affected Employees

On March 18, 2020, President Trump signed the Families First Coronavirus Response Act, H.R. 6201 (the “Act”), an economic stimulus plan aimed at…
Article

O'Melveny & Myers LLP | China, European Union, USA | 18 Mar 2020

Coronavirus Task Force: Temporary Merger Control Measures in the EU, US, and China in Response to COVID-19

The European Commission (the “EC”) has updated its practical guidance to merging parties “encouraging companies to delay merger notifications…
Article

O'Melveny & Myers LLP | USA | 18 Mar 2020

Coronavirus Task Force: Navigating “Shelter-in-Place” Orders Issued by Local Public Health Authorities

Local health authorities have begun issuing orders that impose restrictions on gatherings, travel, and business operations (“Shelter-in-Place…
Article

O'Melveny & Myers LLP | USA | 17 Mar 2020

SEC Amends Financial Disclosure Requirements for Registered Debt Offerings

On March 2, 2020, the Securities and Exchange Commission (SEC) adopted amendments to financial disclosure requirements applicable to registered debt…
Article

O'Melveny & Myers LLP | USA | 17 Mar 2020

California Supreme Court Holds That Settling Underlying Labor Code Violations Does Not Necessarily Block PAGA Suits

On March 12, 2020, the California Supreme Court issued its opinion in Kim v. Reins International California, Inc. (Case No. S246911)—holding that an…
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