Highlights
Local agencies routinely require
project applicants to agree to indemnification on application forms
or as conditions of approval. These agreements or conditions of
approval typically include language requiring an applicant to agree
to defend, indemnify, protect and hold harmless the local agency in
any action arising from the application.
In
San Luis Obispo Local Agency
Formation Commission v. City of Pismo Beach (
San Luis
Obispo), the Second Appellate District Court of Appeal of
California struck down San Luis Obispo Local Agency Formation
Commission s assertion that it had an implied power
to contract for fees by inserting an indemnity agreement into its
Cadwalader, Wickersham & Taft LLP
LIBOR has been a key interest rate benchmark for many decades, used as the principal reference rate to several hundred trillions of dollars in derivatives, bonds, loans and securitizations.
Jenner & Block
Courts in three different jurisdictions recently handed down decisions against commercial tenants in disputes with their landlords over rent obligations during the COVID-19 pandemic.
Shearman & Sterling LLP
On Wednesday, March 31, the Biden administration released its American Jobs Plan (AJP), a detailed blueprint to spend more than $2 trillion over eight years for a wide range of.
Duane Morris LLP
President Biden s promised infrastructure legislation, sometimes known by the slogan the Build Back Better Plan is still under wraps, but some information is beginning to leak out.
The New York State Legislature is considering Senate Bill 2766 (A3350), which would make general contractors and/or construction managers working on private projects liable for unpaid wages owed to a worker by a subcontractor "at any tier."
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North Carolina s population continues to grow, and that
means more highways and other roads being built for our increasing
population.
Also, existing roadways often need maintenance or
rehabilitation. This work often is completed while motorists
continue to use the roadway leading to the possibility of car
wrecks or other accidents. When an accident happens in a
construction zone, victims or their families often wonder what
their rights are: Is someone legally liable? In North
Carolina this question hinges on whether another party was negligent or otherwise acted wrongfully, and whether
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On December 16, 2020, In-Shape Holdings, LLC and two affiliated
debtors (together, the Debtors or In-Shape )
filed voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code. In-Shape Holdings, LLC is a health club
operator in Stockton, CA.
The company reports $50 to $100 million in assets and more than
$100 million in liabilities, including a first-lien revolving
credit agreement of up to $17 million and $53 million in term
loans.
In-Shape entered into an asset purchase agreement to sell
substantially all of the Debtors assets with an existing