Net Working Capital (“NWC”) targets and purchase price adjustments are a nearly universal reality in private M&A deals, though often a neglected and misunderstood topic. To greatly simplify, the NWC target is the minimum...more
Today's Shoppers Are a Moving Target. Are You Prepared To Adapt to the Evolving Workloads of Omnichannel Retailing? Current headwinds in the retail labor market present formidable challenges and hurdles for retailers in...more
On March 7, 2024, approximately 1,200 members of the construction industry participated in NC’s 43rd State Construction Conference in Raleigh, North Carolina. In case you missed the Conference, Spilman attorneys Stephanie...more
The financing of hotels and resorts requires balancing the borrower’s need for flexibility to successfully operate the hotel against the lender’s desire to prevent cash leakage should conditions related to the borrower’s...more
Our recent FP Flash Survey on business expansion into Mexico (full summary here) revealed noteworthy data about employer attitudes and experiences operating south of the border – and this topic was of particular interest to...more
The country’s colleges and universities will likely face significant labor cost pressures for the next year, according to a higher ed sector financial analysis released last week by Moody’s Investors Service....more
Private equity investment in healthcare reached an all-time high in 2022, with reports putting the overall deal value at a staggering $151 billion. But 2023 is shaping up to be a very different year, with investors pulling...more
Litigation caseload — and spending — is going up, with 2023 seeing a 10% increase over a record-breaking 2022, according to BTI Consulting's Litigation Outlook 2023, which found that 90% of clients were expecting to maintain...more
Is moving to the cloud on your company’s radar? Here are the key benefits you can expect to see in security, scalability, and performance. Organizations have fought hard over the last few years to ensure business...more
In a recently decided case 3 University Plaza SPE, LLC v. City of Hackensack 5002-2014, 1670-2015, 3553-2016, 1163-2017, 3768-2018, 12891-2019 – 3 University Plaza SPE LLC, et al. v. Hackensack City (njcourts.gov) concerning...more
As Michigan public schools navigate the preparation of their 2021-2022 budgets, we wanted to again provide you with a reminder of the short-term borrowing options available to cover projected operating cash-flow shortfalls....more
Many Michigan Public School Academies (PSAs) experience periodic operating cash-flow shortfalls during a school year, which often make it necessary for these schools to borrow on a short-term basis to cover the shortfalls....more
BB&K Attorneys Damian Moos and Kandice Kim Write About What Employers Should Know in the Southern Calif. Newspaper Group - In response to state and local COVID-19 stay at home orders, many California employers...more
This week, rural providers began receiving the next round of Provider Relief Funds as authorized by the CARES Act. Recipients include rural acute care general hospitals, critical access hospitals (“CAHs”), rural health...more
On April 17, 2020, a majority of the Brazilian Supreme Court of Justice (STF) upheld the constitutionality of Provisional Measure # 936 (MP # 936), bringing some relief for employers struggling to implement steps to reduce...more
Using the “Extraordinary Events” clause to reduce outsourcing service charges and operating expenses during the COVID-19 pandemic. With revenues down dramatically due to COVID-19 measures, businesses across most sectors...more
The World Health Organization (WHO) has declared the coronavirus disease 2019 (COVID-19) outbreak a public health emergency, and as of the date of this alert, the Centers for Disease Control and Prevention (CDC), a component...more
A lease is the first foray into real estate for many young entrepreneurs. With the exception of the dorm occupancy contract in college, and possibly a residential apartment lease in graduate school, most entrepreneurs have...more
On July 30, 2018, the U.S. Environmental Protection Agency (EPA) will host a workshop to engage stakeholders in a discussion surrounding the development of a study of the economic impacts of compliance with the North American...more
“No matter what type of digital transformation an enterprise aspires to, it ought to have its vision focused squarely on the benefits technology delivers,” Kelli Negro states over on the ThinkSmart blog. “But how quickly it...more
On February 1, 2018, the West Virginia State Tax Department (the “State Tax Department”) filed its annual Administrative Notices with the West Virginia Secretary of State’s Office in order to provide guidance regarding...more
Another significant oil and gas law decision has recently been published out of the Ohio Seventh District Court of Appeals. In the case of Hogue v. Whitacre, 2017-Ohio-9377, released on December 22, 2017, the Seventh District...more
Tim Bivens of the Arkansas Electric Cooperative Corporation (“AECC”) undertook a presentation at the Arkansas Environmental Federation’s 50th Annual Convention and Tradeshow titled: CEMS Alternatives – A Different Way...more