The Coronavirus pandemic, while primarily a public health issue, is creating numerous legal concerns. We have identified some of the key issues and developments below. In addition, we have formed a task force comprised of partners and senior lawyers from across all practice groups and offices to track developments and provide timely guidance to clients on Coronavirus-related issues.
M&A
USA, Banking, Capital Markets, Company & Commercial, Corporate Finance/M&A, Employment & Labor, Insolvency & Restructuring, Litigation, Real Estate, Fried Frank Harris Shriver & Jacobson LLP, Corporate governance, Private equity, Due diligence, Coronavirus, Americans with Disabilities Act 1990 (USA)
In a recent decision by the influential Third Circuit Court of Appeals, In re KB Toys Inc., 2013 U.S. App. LEXIS 23083 at *17 (3d Cir. Nov. 15, 2013), the Court decided that “the cloud on the claim” stemming from a preferential payment made to the original claimant continues with the claim, which then could be disallowed.