A real estate investment trust (REIT) is a tax-favored investment vehicle focused exclusively on real estate interests. The Internal Revenue Code strictly regulates REITs to ensure that the form stays...
Review this checklist for step-by-step landlord guidance on commercial lease provisions to evaluate and consider before the next public health emergency. This checklist is intended to alert landlords of...
One of many critical challenges that startup ventures confront is capital raising, including the manner of acquiring capital, determining which type of capital (e.g., debt, equity, convertible securities...
Delaware and many other states permit corporations to agree to force-the-vote provisions. A force-the-vote provision is a type of lock-up provision that requires the board of directors to submit a merger...
Understand the 340B prescription drug discount program and critical issues for eligible hospitals, federally qualified health centers, and other healthcare organizations. Read now » Related Content...
In Hughes v. Northwestern University, much was expected, and little delivered. Hughes was an "excessive fee" lawsuit for which the U.S. Supreme Court heard oral argument in December 2021 and delivered a January 2022 opinion. Hughes v. Northwestern Univ., 2022 U.S. LEXIS 622 (Jan. 24, 2022), rev’g Divane v. Northwestern Univ., 953 F.3d 980 (7th Cir. 2020). The Court ultimately vacated the Seventh Circuit’s decision to permit dismissal under Fed. R. Civ. Proc 12(b)(6), directing the lower court to reevaluate the allegations as a whole, considering whether petitioners (participants) had plausibly alleged a violation of the ERISA duty of prudence, as articulated in Tibble v. Edison Int'l, 575 U.S. 523 (2015), applying the pleading standards discussed in earlier decisions.
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