Fried Frank

Two recent Delaware Court of Chancery decisions — Roofers Local v. Fidelity Nation and Wei v. Levinson — underscore that the new safe harbors established under the Delaware General Corporation Law amendments, going further, provide an easier route to business judgment review for conflicted transactions, highlighting the unpredictability of judicial results when entire fairness applies. The latest article from our "Delaware Dispatch" series with Law360 delves further into these decisions and offers key practice points. Read more by senior counsel Gail Weinstein, partner Philip Richter and managing partner Steven Epstein here: https://xmrrwallet.com/cmx.plnkd.in/gAXFYriJ #DelawareLaw #ChanceryCourt

The Committee on Foreign Investment in the United States (CFIUS) recently released its 2024 Annual Report, the main source of public data on the operations of CFIUS. While CFIUS remained highly active, the report shows a slight decrease in the total number of transactions reviewed compared to previous years. Our latest client memo, authored by partner Michael Gershberg and associate Niko Savas, breaks down the report's key findings and highlights emerging trends in the CFIUS review process. Read more here: https://xmrrwallet.com/cmx.plnkd.in/eFBbUttp #CFIUS #InternationalTrade #ForeignInvestment

Our latest M&A/PE Briefing explores the Delaware Court of Chancery’s decision to dismiss Cloudbreak Health's fraudulent inducement claim in Edwards v. GigaAcquistions2, which was based in part on the ruling that counterparties owed no duty to Cloudbreak. For an in-depth analysis, key takeaways and related practice points, click here: https://xmrrwallet.com/cmx.pbit.ly/3UNBYtT #MergersandAcquisitions #MandA #PrivateEquity #DelawareCourtofChancery

We're excited to announce that David Evans will be joining us as a corporate real estate partner in our growing London office! Learn more about David in the Financial News article linked below. #CorporateRealEstate

Last week at the National LGBTQ+ Bar Association's Lavender Law Conference, we connected with law students at the career fair and hosted a client reception featuring a special performance by Grammy-certified artist Tim Young. Pride Alliance pro-bono chair Alison Goldman and co-chair Andrew Heymann gave opening remarks alongside Ali Forney Center (AFC) personnel, highlighting the group’s ongoing pro bono partnership with AFC. Special thanks to co-chair Niko Savas for his help organizing the event. We also celebrated the next generation of LGBTQ+ lawyers at the 40 Under 40 Awards Luncheon with remarks from partner Brad Richter. Thanks to everyone who engaged with us throughout Lavender Law — we strengthened relationships and energized our community. #LavenderLaw #LavenderLaw2025

Does the government owe landlords for COVID eviction moratoria? In a recent New York Law Journal article, special counsel Justin Santolli and associate Garrett Shor examine the legal debate over whether COVID-19 eviction moratoria amount to unconstitutional government takings, with a deepening circuit split and potential for Supreme Court intervention. Read more here: https://xmrrwallet.com/cmx.pbit.ly/45hIvSB #COVID19 #EvictionMoratoria #RealEstateLaw

Fund finance has seen a major shift, with borrowers now benefiting from greater lender competition. As partner and co-head of our Fund Finance Practice Ariel Zell explains in a recent Private Funds CFO article, this has led to an increased supply of subscription facilities and NAV loans, an influx of LP lenders and a revitalized GP borrower appetite. Read the full article here: https://xmrrwallet.com/cmx.plnkd.in/ezKf_YqX #FundFinance #PrivateEquity #NAVLoans #GPStakes

Data from Moody's Ratings report that private real estate lending funds are set to refinance $1 trillion in commercial real estate mortgages over the next 3-5 years. According to our partners Rebecca Neuschatz Zelenka and Michael Vines, stabilizing markets are driving investors to real estate debt, particularly in data centres and multifamily properties. Read more in this Private Debt Investor article: https://xmrrwallet.com/cmx.plnkd.in/eV6f5Vyn #CommercialRealEstate #PrivateEquity #Investing #PrivateCredit

Well done, team Fried Frank! 👏 Our colleagues recently took part in the 20th anniversary of the Standard Chartered Great City Race in London. Alongside professionals from various business and legal sectors, they completed a 5K course, taking in the sights of some of the city's most iconic landmarks. Congrats to our team, which included: Tadhg Casey, Ross Cruickshanks, Nishkaam Paul, Billy Dean, Martin Hill, Ed Enzor, Naomi Clingen, Kimberly Samuels and Andrew Towler #GreatCityRace #SCGCR

In a new LexisNexis Practical Guidance chapter, partners Neil Caddy and Ashley Katz explore the core restructuring paths available in a debt-funded acquisition finance deal. The Practice Note outlines both consensual and non-consensual restructuring options and provides a clear overview of key factors that influence how a restructuring may unfold. Read more here: https://xmrrwallet.com/cmx.plnkd.in/eYHBD_Pa #Restructuring #AcquisitionFinance #DebtRestructuring