The coronavirus pandemic wreaked havoc on the market for mergers and acquisitions in the middle of last year, causing a shortterm stoppage in deal activity, leading multiple major transactions to be revised or abandoned, and resulting in some parties taking their disputes to court. Here, Law360 looks at seven of the most significant deals that broke down because of the effects of COVID19.
Intellectual property firms ranging from just a handful of lawyers to several hundred attorneys said the COVID19 pandemic was a logistical curveball, but their industry has largely been insulated from the worst of the pandemic's financial woes.
Anarchist thinkers have long identified the jealousy inherent to the modern state; an exclusive sovereignty claimed against other nation states, secessionists, nonstate geopolitical actors, and especially against independent organisation by the people themselves.
New Year's Eve is supposed to be a happy occasion, but saying goodbye to yet another year can also feel a little wistful. Not this time, I reckon. Can you remember a year you were happier to see the back of? 2020 began in the U.S. with the promise of a nasty election campaign and news of a novel virus spreading rapidly in China. It will end with our democracy deeply shaken, more than 300,000 dead, and many more to come before the new vaccines kick in.
As a record number of new infections overwhelmed some hospitals this week, SA's longawaited vaccine programme went into overdrive, with the first jab expected to be administered by the end of January and the government in "advanced" negotiations with vaccine manufacturers across the globe. Health minister Zweli Mkhize told the Sunday Times that despite concerns by some over the perceived slow pace of securing vaccines, SA will complete its vaccination programme "with many other countries that started ahead of us".
The Covid19 vaccine race culminated with the muchanticipated rollout of a vaccine in the United Kingdom and Bahrain in the first week of December. This is against the backdrop of 173 potential vaccines which continue to be developed worldwide and at different stages of their individual processes, says law firm Cliffe Dekker Hofmeyr.
Moderna Therapeutics said Thursday it won't enforce seven patents related to its coronavirus vaccine during the pandemic, an unprecedented move in an industry known for vigorously protecting its intellectual property and one that could have a ripple effect across other companies. Biotechnology company Moderna says it has a "special obligation" to make its intellectual property available to other companies attempting to make a COVID19 vaccine. In photo, a Moderna building in Cambridge, Massachusetts. (AP Photo/Bill Sikes)
From a pandemicinduced transformation of lawyers' working arrangements to a renewed focus on diversity and empowerment informed by a racial justice movement, here are five moments and trends that shook the legal industry in 2020.
(CNN)President Donald Trump has had a fever since Friday morning after testing positive for coronavirus, according to a person familiar with the matter, a stunning development that threw a country already unnerved by a devastating health catastrophe and a turbulent political season into fresh upheaval on Friday.
The response to the Covid19 pandemic, and the public discourse about the pandemic, can be used to illustrate three common mistakes in moral reasoning. The first of these mistakes involves a failure to realize that tradeoffs are unavoidable when it comes to public decision. The second of these is a failure by public officials to weigh different interests against each other in a democratically legitimate way. The third is a mistaken application of the notorious "precautionary principle". I suggest that these three mistakes have a common source, namely, a failure to engage in holistic (allthingsconsidered) reasoning.