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On Tuesday, January 2, 2024, the New Jersey Department of Environmental Protection (“NJDEP”) announced its proposal to amend the Ground Water Quality Standards (“GWQS”) under N.J.A.C. 7:9C to change the ground water quality criteria for 65 constituents of Class II-A ground water. NJDEP is also...
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 fourth quarter of 2023. If you would like to discuss...
“PFAS” is an acronym for per- and polyfluoroalkyl substances, a family of thousands of widely used manmade chemicals that resist grease, oil, water and heat. PFAS has been used in firefighting foams, protective coatings and stain-resistant garments and carpets. PFAS are mobile and persistent; they...
For all “reporting companies” created or registered on or after January 1, 2024, information concerning the “beneficial owners” of the reporting company must be reported to the Financial Crimes Enforcement Network (“FinCEN”) along with information concerning “company applicants.” As a result, both...
A 2023 update on corporate litigation in the Delaware Court of Chancery, as well as an update on the annual amendments made to the General Corporation Law of the State of Delaware and alternative entity acts, which were all effective as of August 1, 2023. The material statutory amendments discussed...
Introduction The introduction to the final regulations issued under the Corporate Transparency Act (“CTA”) by the Financial Crimes Enforcement Network of the United States Treasury (“FinCEN”) states that, “[i]llicit actors frequently use corporate structures such as shell and front companies to...
EPA Compliance Audit Guidance: New Owner, Voluntary Disclosure, Admission of Liability, Penalty Mitigation The CLE course will address the EPA's most recent guidance for environmental counsel related to its audit policy. The panel will provide an overview of the EPA's incentives to companies that...
“Company applicants” — the term may sound vague, but the identities of “company applicants” of reporting companies are just as important under the new federal Corporate Transparency Act (the “CTA”) as the identities of the beneficial owners of those companies. What You Need to Know: The era of...
On October 31, 2023, a Missouri jury awarded the plaintiff class in Sitzer/Burnett v. Nar, et al a $1.78 billion damages verdict against several real estate brokerage companies and the National Association of Realtors, based on a finding that the defendants conspired to fix commission being paid by...
A previous article discussed the rising prevalence of mediation in large chapter 11 bankruptcies, especially its use in previously rare scenarios such as plan confirmation. Part II considers a more traditional mediation topic: adversary proceedings.
Financial Poise Webinars™ announces “Focus on Manufacturing,” a live webinar premiering November 9th at 2:00 PM CST. This webinar is co-produced by West LegalEdCenter™ and part of the “ Chapter 11- Industry Focus 2023 ” series. It will feature Jonathan Friedland (Much Shelist, P.C.); Ken Yager...
On November 7, 2023, the City Council of Chicago approved a referendum that will put Chicago’s ‘mansion tax’ on the 2024 primary ballot on March 19, 2024. If passed, the measure would change the amount of real estate transfer taxes the City of Chicago imposes on commercial and residential properties...
Andrew Bockis will discuss "What Lawyers Should Know About Hydrogen Hubs" at the Pennsylvania Bar Institute's Oil & Gas Law Conference 2023. This conference explores recent legislative and case law developments as well as technological advancements in the oil and gas industry. In addition to being a...
John Dixon moderated a panel on “New Challenges and Opportunities in Environmental Permitting” during the Pennsylvania Bar Institute’s 2023 Oil and Gas Law Conference. Also on the panel were attorneys from the Pennsylvania Department of Environmental Protection and Citizens for Pennsylvania’s Future...
On November 1, 2023, Candice Kline will speak during the Financial Poise Webinar RESTRUCTURING, INSOLVENCY & TROUBLED COMPANIES 2023. The topic which she will speak on is "Bad Debtor Owes Me Money."