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Welcome to Saul Ewing’s Public Companies Quarterly Update series. Our intent is to, on a quarterly basis, highlight important legal developments of which we think public companies should be aware. This edition is related to developments during the second quarter of 2023. If you would like to discuss...

Philadelphia, PA (May 23, 2023) - Saul Ewing LLP announced today that Partner Justin C. Danilewitz has been appointed Co-Chair of the Firm’s White Collar and Government Enforcement Practice, alongside partner Nancy DePodesta. Mr. Danilewitz joined Saul Ewing in 2017 and draws upon his trial and...

BOSTON, MA (April 12, 2023) – In joining Saul Ewing as a new partner, Evan Gotlob will draw on his experience as a former Assistant U.S. Attorney to represent clients who are facing government investigations and enforcement actions involving white collar crimes. He is resident in the Boston office...

Welcome to the first edition of Saul Ewing’s Public Companies Quarterly Update series. Our intent is to, on a quarterly basis, highlight important legal developments of which we think public companies should be aware. This first edition is related to developments during the first quarter of 2023. If...

BOSTON, MA (February 7, 2023) – Jon Barooshian and Patrick Tracey bring a combined five decades of experience as litigators to their new roles as partners in the firm’s Boston office. Mr. Barooshian will focus his practice on white collar and government enforcement matters and tax controversies...

Section 102(b)(7) of the General Corporation Law of the State of Delaware was amended to permit Delaware corporations to exculpate certain corporate officers from monetary liability for breaches of the fiduciary duty of care. Previously, similar protections were available only to directors. This...

The FTC has announced the annual updates to the Hart-Scott-Rodino (“HSR”) size thresholds, fees and the daily penalty for HSR violations. The updated thresholds and fees were published in the Federal Register on January 26, 2023 and will take effect on February 27, 2023. See Federal Register...

BACKGROUND: The Rule - What It Means and What It Prohibits A somewhat little-known and obscure provision of U.S. antitrust law – Section 8 of the Clayton Act – makes it illegal in certain circumstances for the same person to serve as a director of competing corporations. If certain conditions exist...

LATEST UPDATE The FTC has voted to extend the public comment period on its proposed rule to ban employers from imposing non-competes on their workers, and will now be accepting comments on the proposed rule until April 19, 2023. Comments can still be submitted in either writing or online using the...

Final regulations published on September 30, 2022 (the “final Regulations”) by the Financial Crimes Enforcement Network (“FinCEN”) of the Department of Treasury under the Corporate Transparency Act (“CTA”) grant business owners a reprieve, but not a pardon, with respect to their looming beneficial...

Gary Lipkin brings more than two decades of legal experience to his new role as a partner in Saul Ewing’s Litigation Department, including handling a diverse range of cases before the nation’s preeminent business court, the Delaware Court of Chancery. He resides in the Firm’s Wilmington office. Mr...

On July 27, 2022, Delaware Governor John Carney signed into law the 2022 amendments to the General Corporation Law of the State of Delaware (the “DGCL”), the Delaware Limited Liability Company Act (the “LLC Act”), the Delaware Revised Uniform Limited Partnership Act (the “LP Act”), and the Delaware...

Saul Ewing served as legal counsel to Summit Ridge Energy, LLC in a deal with Apollo affiliates in which Apollo agreed to make a $175 million strategic investment in Summit Ridge, a leading owner-operator of community solar assets. The agreement was announced on July 15, 2022. Since launching in...

Washington, D.C., November 24, 2021 – Saul Ewing LLP served as counsel to Supernus Pharmaceuticals, Inc. (NASDAQ: SUPN) in the successful completion today of its previously announced $450 million acquisition of Adamas Pharmaceuticals, Inc. (NASDAQ: ADMS). The acquisition strengthens Supernus'...

Saul Ewing attorneys Justin Danilewitz, Patrick Hromisin and Zachary Kizitaff in Philadelphia secured a big win in Pennsylvania state court (Chester County) in a criminal pretrial hearing on behalf of Frank Recknagel, a Security Manager for Energy Transfer LP. Mr. Recknagel was charged with seven...

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