Every successful business operates on a framework of careful planning and strategizing. This becomes significant when business owners, perpetually engrossed in augmenting their ventures and optimizing success, need to contemplate what happens to their businesses upon their withdrawal or inability to manage. This situation is suitably addressed by the process of succession planning, a contingency…
Recent news reveal a twist in the tale of the PFAS settlement case between 3M Company and a plaintiff class of municipal public water suppliers. Following a report in June boasting of the proposed blockbuster $10 billion-$12 billion settlement, the deal now faces objections from a significant coalition of 22 U.S states, led by Massachusetts….
The Canadian federal government has officially published a template to guide employers in the preparation of mandatory employment statement. This follows changes to the Canada Labour Code and its regulations that were implemented on July 9, 2023. These amendments necessitate federal Crown corporations and federally-regulated employers operating within the private sector to provide a written…
Artificial Intelligence (AI) has sparked significant interest and witnessed rapid growth, thereby becoming a vital focus of technology transactions. Remarkably, the inherent standard acquisition agreement seems not to have matched the pace and demand of AI companies. These modern tech entities pose unique risks to potential buyers, risks that a standard transaction approach may fail…
The Eleventh Circuit Court of Appeals recently joined the likes of the Second, Third, Fifth, Sixth, Seventh, Ninth, Tenth, and D.C. circuits with their latest en banc decision. Earlier this year, the bench presided over the case of Corporacion AIC, SA v. Hidroelectrica Santa Rita S.A.. At issue was whether the grounds for vacatur under…