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...
Diamonds may be forever, but termination fees guarantee commitment better! Termination fees not only compensate buyers for their time and energy in pursuing an acquisition but also discourage third-party bidders and other would-be interlopers from making a competing offer for the target company. And with reverse termination fees, which compensate sellers for the ordeals of a failed sale process, the commitment becomes mutual. But how much is too much when it comes to termination fees and reverse termination fees, and what kind of termination events should trigger a party’s payment obligation? Discover market trends in termination fees, reverse termination fees, and fee triggers in public target mergers in 2022 captured by Market Standards.
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