Alert
Published 02/08/2022
Industries Construction | Energy | Real Estate
Services Environmental
The Maryland State Senate introduced a bill that will prohibit all new buildings from using natural gas or heating oil beginning in 2023, as well as place other restrictions on replacing heating systems in older buildings. If enacted, The Climate Solutions Now Act of 2022 (“Bill”), which recently was introduced in the Maryland Senate, would force new buildings to meet green energy code standards and cease fossil fuel hookups and would require existing buildings to undertake emissions reporting and reductions or face fines and penalties. Although climate change initiatives are important,...
Alert
Published 02/08/2022
Industries Health Care
Services White Collar and Government Enforcement
On February 1, 2022, the U.S. Department of Justice (DOJ) released its enforcement statistics for fiscal year 2021 ( here ). The DOJ obtained over $5.6 billion in False Claims Act (FCA) recoveries in the fiscal year ending September 30, 2021. This is the second-highest annual FCA recovery since 2014 when the DOJ secured $6.2 billion. Health care and life sciences matters once again accounted for the majority of FCA recoveries in 2021, including $2.8 billion from the DOJ’s October 2020 settlement with Purdue Pharma LP (Purdue), the manufacturer of OxyContin. What You Need to Know: In fiscal...
Blog Post
Published 02/07/2022
By Hector Galeano, Cynthia Gomez
Alert
Published 02/04/2022
This month’s Friday Five explores recent decisions that elucidate the difference between disputes that call upon the discretion and judgment of a court compared to disputes where the court is called upon to follow hard-and-fast rules without discretion. Examples of disputes implicating the judgment of a court include questions as to whether an insurer’s decision is arbitrary and capricious, and whether a successful claimant’s application for attorney’s fees including the rates and time spent by counsel are reasonable. Examples of disputes where courts are called to follow strict rules include...
Alert
Published 02/03/2022
Industries Real Estate
Starting on July 1, 2022, new warehouses developed in New Jersey will be required to be “solar-ready”. What You Need to Know: Requirements apply to new warehouses of at least 100,000 square feet where construction permits have not been declared complete by the enforcing agency as of July 1, 2022. To comply, a warehouse must set aside at least 40 percent of its roof area for the future installation of a solar photovoltaic or solar thermal system Rules and regulations establishing standards for the design and construction of solar-ready buildings will be forthcoming from NJ’s Department of...
Alert
Published 02/01/2022
Industries Health Care
COVID-19 – and its variants Delta and Omicron – continue to wreak havoc around the world. Thousands of individuals have died and continue to die, and millions more have been diagnosed as having COVID-19. Many sectors of the U.S. economy have been affected during this pandemic, perhaps none more than our health care delivery system. Our health care providers – academic medical centers, hospitals, physicians, pharmacists and every licensed health care professional – and the health care administrators have uniformly been our heroes, and we offer a sincere thanks for their continued efforts. ...
Article
Published 01/27/2022
Services Corporate | Securities Transactions and Regulations
Alert
Published 01/25/2022
Services Antitrust
On January 24, the Federal Trade Commission (FTC) announced its annual update to the Hart-Scott-Rodino (HSR) filing thresholds. The new thresholds were published in the Federal Register on January 24 and will take effect 30 days after publication. Therefore, they will apply to all closings which occur on or after February 23, 2022, (see below) and will remain in effect until the next annual change in early 2023. See Federal Register: Revised Jurisdictional Thresholds for Section 7A of the Clayton Act. What You Need to Know Are you involved in a merger, acquisition or other similar business...
Article
Published 01/21/2022
Industries Real Estate
Blog Post
Published 01/20/2022
By Annie D. Rosenthal
Blog Post
Published 01/18/2022
By Jason Tremblay, Alexander Reich
Blog Post
Published 01/18/2022
By Donald A. Rea
Article
Published 01/16/2022
Industries Real Estate
Alert
Published 01/14/2022
Industries Condominium and Community Associations
For many years, associations and their managers have responded to questionnaires from mortgage lenders that seek information about the condominium association to help the lender determine whether a loan to a unit owner or buyer will meet Fannie Mae’s requirements for federally guaranteed loans. What You Need to Know: Fannie Mae updates eligibility requirements for community association loans Managers and boards should expect questions about structural issues, significant deferred maintenance and unsafe conditions during sales Associations should expect lenders to ask whether at least 10...
Article
Published 01/14/2022
Services Bankruptcy and Restructuring
Alert
Published 01/14/2022
This month’s Friday Five covers cases relating to: (1) whether a plaintiff may be entitled to AD&D benefits when their spouse died of an illegal drug overdose; (2) when a plaintiff can supplement the administrative record with medical records that post-date the final benefit decision; (3) whether summary judgment is the proper mechanism for cases involving de novo review and disputes of material fact; (4) whether a preexisting condition exclusion applies when questions exist as to the plaintiff’s date of hire and start of coverage; and (5) whether an insurer can deny LTD benefits based on...