Akin Gump has issued an alert on administration and congressional activity since President Trump’s inauguration. The report highlights key regulatory and legislative developments across a range of policy areas. This document also previews the policy agenda for the coming year and concludes with a political update and analysis of the 2018 congressional elections.
Akin Gump real estate partner John Bain has been profiled by Metropolitan Corporate Counsel in the article “To Make Deals in Hospitality Today, You Need to Be Creative: As the challenges mount, lawyers need to adapt,” discussing his practice and the state of the hospitality sector.
To read the full article, please click here.
This week we highlight two analyses, one by J.P. Morgan and the other by Ernst & Young, reviewing the 2017 proxy season. The reports address board diversity; gender equality; environmental, social and governance (ESG) issues; and the normalization of shareholder activism as high priorities and key trends for many investors and boards.
This week, we highlight Ernst & Young’s recent Global Capital Confidence Barometer titled “Buying and bonding: Alliance join M&A as engines of growth.” The report finds that companies continue to have a strong acquisition appetite with a growing inclination to forge new alliances. Prolonged economic challenges are currently driving investment decisions, leading companies to ally and cooperate to generate growth as well as compete and acquire to gain market share. In particular, it looks at the macroeconomic environment, corporate strategy and M&A outlook going forward. The report concludes that companies can best achieve a commercial advantage through combining strategic M&A and cooperative responses to new challenges.
“A letter of intent is the invention of the devil [that] should be avoided at all costs.” – Stephen R. Volk, Esq. on the infamous Texaco-Pennzoil case. Our friends at Akin Gump’s Speaking Energy blog take a hard look at L.O.I.s and offer some very practical tips on how to avoid an L.O.I. from becoming an I.O.U. Read it here.