Have you received an offer to buy your company? Congratulations! But there is work ahead. The first step is to understand the specific deal structure, be it an asset sale, equity sale or merger. The owners should also work...more
This CLE course will cover the negotiation and structure of permit and license clauses in hotel purchase sale agreements, with an emphasis on liquor licenses. Our panel will discuss pitfalls in drafting and high priority...more
California’s cannabis industry continues to struggle in this seemingly unending shake out period. Namely, hundreds of licensed cannabis companies are getting stiffed on A/R with an overwhelming inability to collect as those...more
Minnesota is set to become the nation’s 23rd state to legalize recreational cannabis. The Minnesota State Senate approved on May 19, 2023, the final version of HF100 — a bill regulating adult-use cannabis for people 21...more
The Michigan Cannabis Regulatory Agency (CRA) recently issued an advisory bulletin which may create a significant licensing cost savings for grower and/or processor licensees holding both medical and adult-use licenses....more
This fall, California Governor Gavin Newsom signed Assembly Bill No. 2673 (the Bill), which amends various sections of the California Health and Safety Code relating to hospice agencies. Among other things, the Bill prohibits...more
With a moratorium now in place on all recreational cannabis license types, the only way new participants can enter Oregon’s recreational cannabis industry is to purchase an existing license. And based on new direction issued...more
FERC recently issued an order to show cause and notice of proposed penalty to Ampersand Cranberry Lake Hydro LLC for a violation of Ampersand’s hydro license for the Cranberry Lake Project No. 9658 (Cranberry Lake Project)....more
At its recent monthly meeting, the Oregon Liquor and Cannabis Commission (OLCC) formally announced that it will recommend extending the moratorium on new producer licenses for two more years. This recommendation will be made...more
It is a common misconception that cannabis licenses themselves are transferrable when in fact, by statute, they are not. It is possible, however, to contract with a licensed business to purchase (or sell) the rights to hold a...more
Pillsbury’s communications lawyers have published FCC Enforcement Monitor monthly since 1999 to inform our clients of notable FCC enforcement actions against FCC license holders and others. ...more
Most state mortgage finance, consumer credit, collection agency, sale finance, and money service business licensing laws have a provision that dictates what needs to be done or what needs to be filed in connection with the...more
The NRC’s Reactor Decommissioning Financial Assurance Working Group recently held a public meeting to receive comments on potential guidance updates before publishing its final report. Prior to the public meeting, the working...more
In a recent decision, the United States Court of Appeals for the Federal Circuit further clarified the "all substantial rights" doctrine related to patent infringement and assignment. The court held that Lone Star Silicon...more
This is the seventh issue of WilmerHale’s 10-in-10 Hot Topics in Energy Series. Over the course of 10 weeks, our attorneys will share insights on current and emerging issues affecting the US energy sector....more
On August 28, 2018, the FCC’s Enforcement Bureau announced a Consent Decree with Marriott International, Inc. (“Marriott”) to resolve an investigation into unauthorized transfers of wireless radio licenses in connection with...more
• The Illinois General Assembly has approved a bill that, if signed by Gov. Bruce Rauner, would make it unlawful for a person to engage in the business of selling, leasing or otherwise transferring firearms without a license...more
In the first major transaction approval under Ajit Pai’s Chairmanship, the Federal Communications Commission (“FCC”) recently approved, subject to targeted, transaction-specific conditions, license and authorization transfers...more