PPP Updates for Lenders
Category: Legal UpdateThis article addresses frequently asked questions and guidance regarding hold harmless agreements, lender fees and other updates contained in the reforms.
Fredrikson & Byron Represents Bio-Techne Corporation in Its Acquisition of Asuragen
Category: Client Outcome, NewsFredrikson & Byron acted as legal counsel to Bio-Techne Corporation (NASDAQ: TECH), a global life sciences company providing innovative tools and bioactive reagents for the research and clinical diagnostic communities, in its acquisition of Asuragen Inc.
Fredrikson & Byron Represents Stone Arch in Its Sale to Fishawack Health
Category: Client Outcome, NewsFredrikson & Byron acted as legal counsel to Stone Arch in connection with its sale to Fishawack Health.
Vendor Contracts 101: Key Operational Considerations
Category: Legal UpdateIn this upcoming article series, we will provide insights regarding third-party risk management throughout the lifecycle of a bank’s relationships with its critical vendors. Our first installment concerns operational considerations to keep in mind when negotiating vendor agreements.
Bringing the DOJ’s Bank Merger Guidelines into the 21st Century: How Certain Revisions Could Help Community Banks
Category: Legal UpdateIn fall 2020, the Department of Justice’s Antitrust Division issued a press release providing background and seeking public comment on a potential update to the Division’s 1995 Bank Merger Competitive Review Guidelines.
Potential Pitfalls for Agricultural Lenders
Category: Legal UpdateMost lenders are familiar with creating and perfecting security interests in personal property. However, when lending to farmers, there are a few additional issues.
Fredrikson & Byron Earns Top Law Firm Rankings in PitchBook’s 2020 Annual Global League Tables
Category: Awards & Rankings, Firm Awards, NewsFredrikson & Byron is ranked among the most active law firms advising on mergers & acquisition, private equity and venture capital deals in Pitchbook’s 2020 Annual Global League Tables.
Current Developments with Rent Obligations in Chapter 11 Bankruptcies
Category: Legal UpdatePrior to the COVID-19 pandemic, the Bankruptcy Code generally has been interpreted to require debtors to pay rent obligations on time under unassumed real property leases as those obligations arose post-filing and pre-rejection. This result was driven by 11 U.S.C. § 365(d)(3), which requires the debtor to “timely perform” all obligations until the lease is assumed or rejected, with one narrow exception.
Where to Start When Winding Down a Business?
Category: Legal UpdateThe most important part of the process is assessing the alternative methods to wind down a business, choosing the right approach and executing on the plan.
Do Nonprofits Need to Comply with the Absolute Priority Rule?
Category: Legal UpdateAs financial distress grows due to the pandemic, charitable organizations are faced with two immovable forces–increased demand from hard hit communities and decreased funding due to both the economic hardships facing many donors and the cancellation of most live fundraising events.