Harvard University’s tax-exempt status has been questioned by the Trump Administration—with Harvard responding that there is no legal basis for a revocation. The Administration’s action...
Many states are implementing energy benchmarking programs to track and identify energy use in buildings. These programs aim to encourage energy efficiency and reduce greenhouse gas emissions. Check out...
When engaging in M&A discussions, parties should prioritize rigorous confidentiality measures to protect sensitive business information. Our new confidentiality agreement playbook offers valuable insights...
This practice note discusses Institutional Review Boards (IRBs) within the United States, including their purpose, history, and regulatory framework. The note is a valuable resource for advising life sciences...
Do you need guidance on tipped employee requirements under the Fair Labor Standards Act (FLSA)? Read our newly published checklist, Tipped Employees Checklist (FLSA) , for helpful information. Read now...
Altera Infrastructure L.P. and certain of its subsidiaries filed bankruptcy petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas. According to the first day declaration, the company is an international midstream services provider to the oil and gas industry. The debtors are represented by Kirkland & Ellis LLP, Jackson Walker LLP, and Quinn Emanuel Urquhart and Sullivan, LLP. The debtors are pursuing a balance sheet restructuring and entered into a restructuring support agreement before the filing (which is supported by 71% of the debtors’ bank lenders). The debtors filed several typical first day Chapter 11 motions, including among others, a DIP financing motion …
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