Perkins Coie

Chancery Court Applies Onerous Entire Fairness Standard in First SPAC-Related Decision

In one of the first decisions to analyze fiduciary duty claims in the context of a special purpose acquisition company (SPAC) merger, the Delaware Chancery Court recently sustained the legal viability of a putative shareholder class action brought against a SPAC's directors, officers, controlling shareholder, and financial advisor based on an allegedly false and misleading proxy statement.

Perkins Coie Stands Against Antisemitism

Perkins Coie LLP stands against hate, racism, xenophobia, and discrimination in any form and against any person or group. In this statement, we specifically condemn the alarming rise in attacks against Jews, and we stand in solidarity with our Jewish colleagues, clients, and friends as we denounce antisemitism in all its forms.

FTC Announces 2022 Changes to HSR and Clayton Act Thresholds

The Federal Trade Commission recently announced that reporting thresholds under Section 7A of the Clayton Act will increase.

Antitrust Enforcers Soliciting Input From Market Participants to Modernize Merger Guidelines

The U.S. Federal Trade Commission and the U.S. Department of Justice have jointly announced plans to modernize and strengthen the merger guidelines, and are now soliciting feedback, evidence, and ideas from a wide array of market participants such as businesses, franchisees, workers, unions, farmers, ranchers, and consumers.

OLS Announces Rulemaking for New Independent Contractor Law

The Seattle Office of Labor Standards recently announced it will conduct an administrative rulemaking process related to the city’s new Independent Contractors Protections ordinance.

Ringing in the New Year: Key Developments for Health Plan Sponsors

There are many new and expanding legal requirements for group health plans and issuers of group health plan coverage to pay attention to this year.

Federal Contractor Threatened With Suspension and Debarment for Not Submitting Affirmative Action Plans

A federal administrative law judge threatened a federal contractor with suspension or debarment if it refuses to submit documentation associated with affirmative action compliance.

Preparing for the 2022 Public Company Reporting Season

During 2021, the U.S. Securities and Exchange Commission (SEC) adopted rule changes and provided public companies with useful guidance on various topics.

Federal Circuit Clarifies Prejudice Is Never Presumed in Bid Protests

In a new decision, the U.S. Court of Appeals for the Federal Circuit clarified, with regard to bid protests, that prejudice is not to be presumed from arbitrary and capricious government procurement actions.

FinCEN Solicits Comments on Striking Expansion of Anti-Money Laundering Obligations to Real Estate Sector

Child Labor and COVID-19—It’s Time to Make Meaningful New Year’s Supply Chain Resolutions

The holiday season is a time for contemplation, reflection, and planning for the future.

The FY 2022 National Defense Authorization Act: Key Provisions for Government Contractors

The final FY 2022 Defense Authorization Act contains numerous provisions relevant to government contractors, including those related to cybersecurity, artificial intelligence, and acquisition of innovative technology.