Corporate & Securities Law

Government Clears Comcast-NBC Merger
Today, the FCC and DOJ (unsurprisingly) cleared the Comcast-NBC Universal merger (technically, it is a joint venture between Comcast and GE’s NBC Universal Inc. subsidiary) with some (minor) conditions...

Joint venture plan £90m Chelsea residential development
Developer Native Land has confirmed that it has bought and plans to develop Alpha Place in Chelsea, south west London in joint venture with Grosvenor. The joint venture will finance the 100,000 square feet of residential accommodation with a £90 million debt facility from Barclays Bank.

MA: Catholic hospital chain drops venture with insurer
St. Louis Business Journal: "A Massachusetts Catholic hospital chain has backed out of a joint venture with a Centene Corp. subsidiary after facing criticism about a how the Catholic-affiliated venture would handle contraception, abortions and other family planning services that the Catholic Church is against...

Sunrise Senior Living Completes Purchase And Sale Agreement And Enters New Joint Venture For 40 Percent Ownership Interest In 29 Sunrise-managed Properties
MCLEAN, Va., Sunrise Senior Living, Inc. (NYSE: SRZ) announced today that on January 10, 2011, the Company completed the previously announced purchase and sale agreement with a wholly owned subsidiary of CNL Lifestyle Properties and an affiliate of Arcapita, which was Sunrise's joint venture partner in 29 Sunrise-managed communities...

Joint & Several Liability For Punitive Damages
One of the more peculiar features of California tort law is the interplay between several liability and joint and several liability. Under California's Proposition 51 (Civil Code section 1431...

Emeritus Signs Joint Venture Agreement To Acquire 134 Senior Living Communities For $1.15 Billion
SEATTLE, WA,  January 19, 2010 -- Emeritus Corporation (NYSE: ESC), a national provider of assisted living and Alzheimer?s care services to seniors, today announced that it has entered into a joint venture (?Joint Venture?) agreement with Blackstone Real Estate Advisors VI, L...

Foreign Investment and National Security Act of 2007
Strengthens examination requirements of the Committee on Foreign Investment in the United States

Developer Investment
Raffaello Follieri agrees to $12 million joint venture settlement.

Joint Venture
Gallaher Group agrees to pay Reynolds American $387 million contract dispute settlement.

City of Fargo To Pay for Excessive Traffic Fines
City of Fargo To Pay for Excessive Traffic Fines

Property Tax
City of Midland agrees to refund Midland Cogeneration Venture $36.2 million for over assessing land.

LCD Manufacturers
to Pay $585 Million in Price-Fixing Fines

Tollway I-Pass
alleging that users were sent erroneous fines