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...
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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