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...
Pipeline Health System, LLC and its affiliates 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 independent, community-focused healthcare network that offers medical services to the communities it serves. The debtors are represented by Kirkland & Ellis LLP and Jackson Walker LLP. The debtors filed a plan that includes a toggle feature that allows for the implementation of a credit bid or other sale, either through the plan or a Section 363 sale. The debtors filed several typical first day Chapter 11 motions, including among others, a DIP financing motion …
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