Foley Senior Counsel Robert Heinrich authored an article titled “Borrower Beware” in the November 2009 issue of AFP Exchange. Heinrich discusses innovative remedies that borrowers have taken against defaulting lenders and administrative agents in the midst of the credit crisis, noting that both borrowers and lenders are attempting to proactively address the scenario of a defaulting administrative agent by building the concept into their loan documents. He adds that simple precautionary measures can provide a borrower with additional comfort that access to funds under its credit facility will not be unduly disrupted by the troubles of its lenders.
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12 May 2025
Labor & Employment Law Perspectives
DOL Alters Enforcement Position on Independent Contractors
On May 1, 2025, the Wage and Hour Division of the U.S. Department of Labor issued a Field Assistance Bulletin stepping back from a restrictive independent contractor rule issued under the Biden administration — a move that should be welcomed by manufacturers and franchisors who depend on workforce models including independent contractors
12 May 2025
Labor & Employment Law Perspectives
Disparate-Impact Liability Gets Cancelled: Trump Executive Order Seeks to Eradicate Disparate-Impact Liability From Federal (And State) Law
On April 23, 2025, President Donald Trump issued an executive order titled “Restoring Equality of Opportunity and Meritocracy.”
12 May 2025
Video
Ten Minute Interview: Structuring Venture Investments for Family Offices
Brian Lucareli, director of Foley Private Client Services (PCS) and co-chair of the Family Offices group, sits down with Mark Mallery, senior counsel and member of Foley’s Transactions group, for a 10-minute interview to discuss how to structure venture investments for family offices.