From: Securities Law360 <newsglaw360.com> To: Subject: Coronavirus: Your Afternoon Briefing Date: Tue, 05 May 2020 18:17:59 +0000 ti.aw360 Special Report Coronavirus Special Newsletter Tuesday, May 5, 2020 Follow Law360 TOP NEWS What GCs Want From Outside Counsel As Virus Rages On Some general counsel and law firms are working together to share the burden of the COVID-19 outbreak, agreeing on discounts, alternative fee arrangements or extensions on legal bills to help weather the financial storm. Legal Work Has Plummeted And Lawyers Are Stressed The number of new legal matters has fallen significantly during the first four months of 2020 compared to the previous year as the world reels from the coronavirus pandemic, and many lawyers are now anxious about the success of their practices, research released Monday shows. Coronavirus: How Law Firms Are Handling The Downturn UPDATED May 5, 2020, 1:25 PM EDT I The spreading coronavirus pandemic has upended the legal industry, forcing firms to cut salaries, lay off attorneys and make changes to summer associate programs. Here is a roundup of how law firms are responding. Nixon Peabody Cancels Summer Program Without Job Pledge Nixon Peabody LLP confirmed Monday that it has canceled its 2020 summer associate program, and was the first firm to do so without also promising to extend job offers to the second-year law students affected. Pillsbury Cuts Pay For Attys, Staff In Face Of Pandemic Pillsbury Winthrop Shaw Pittman LLP has joined the ranks of law firms rolling out cost-saving measures during the COVID-19 pandemic, confirming Monday that it has made pay cuts in its U.S. offices to help shoulder the economic effects of the crisis. Liberals Tell Senate GOP To Focus On Pandemic, Not Judges As the full Senate convened in Washington for the first time since March, left- leaning civil rights groups on Monday urged Republicans to stop processing President Donald Trump's judicial nominees, starting with a confirmation hearing set for Wednesday. CLOSINGS AND RESTRICTIONS Coronavirus: The Latest Court Closures And Restrictions UPDATED May 5, 2020, 1:55 PM EDT I As courts across the country take measures to prevent the spread of the coronavirus, some are restricting access and altering their procedures. Here is a roundup of changes. LAW FIRMS Akerman LLP Allen & Overy Arent Fox Arnold & Porter Baker Botts Baker Donelson Baker McKenzie Ballard Spahr Barack Ferrazzano Belkin Burden Benesch Friedlander Blank Rome Brown Rudnick Bryan Cave Leighton Paisner Buchanan Ingersoll Cadwalader Wickersham Cahill Gordon Cleary Gottlieb Clifford Chance Cooley Covington & Burling Cozen O'Connor Cravath Swaine Crowell & Moring DAC Beachcroft DLA Piper Davis & Gilbert LLP Davis Wright Tremaine Debevoise & Plimpton Dechert Dentons Dickinson Wright Dinsmore & Shohl Dorsey & Whitney Duane Morris EFTA00032893

Coronavirus: The Latest EU Court Closures And Restrictions UPDATED May 5, 2020, 11:40AM GMT I As courts across the region take measures to prevent the spread of the novel coronavirus, some are restricting access and altering their procedures. Here is a roundup of changes. UK Judiciary Mulls Radical Measures To Resume Jury Trials England's judiciary is under pressure to resume jury trials amid a mounting backlog of criminal cases that risks swamping the criminal justice system, but lawyers are at odds over how far the courts should go to get juries seated again. Fla. Extends Jury Trial Suspension Until July Florida Supreme Court Chief Justice Charles Canady on Monday extended the suspension of jury trials in Florida state courts until July 2 and expanded the list of court proceedings that will be held remotely during the coronavirus pandemic. WHAT IT MEANS FOR ATTORNEYS USPTO Unveils Virus Patent Platform, EPO Extends Deadlines The U.S. Patent and Trademark Office launched a new online marketplace Monday for patents related to COVID-19, while its European counterpart said it is extending certain deadlines until next month due to the pandemic. Texas Justices Won't Review Coronavirus Shutdown Orders The Texas Supreme Court on Tuesday declined to review a challenge brought by 11 businesses fighting what they called -unsupportable" edicts and executive orders that city and county officials made to limit businesses during the coronavirus pandemic, finding the issue should be addressed at the trial court level first. FDA Slaps Tighter Controls On COVID-19 Antibody Tests The U.S. Food and Drug Administration announced Monday that commercial manufacturers of antibody tests for COVID-19 will now be required to submit emergency use authorization requests, a change from a March policy that had more lax oversight for the tests. Wages, COVID-19 Tests Pose Hurdles As Employers Reopen As states begin to allow businesses to unlock their doors, experts say that complying with wage-and-hour laws and administering COVID-19 tests on workers are two areas in which employers rushing to put the pandemic behind them are likely to stumble out of the gate. J.Crew Just First In Expected Flood Of Retail Bankruptcies Clothing retailer J.Crew has become the first large retailer to succumb to the challenges thrust upon the industry as a result of the COVID-19 outbreak, but bankruptcy and industry professionals say it won't be the last, as mounting lease obligations may soon outstrip the patience of landlords. JCPenney Stalls Sephora Split Over COVID-19 Furloughs JCPenney is asking a Texas federal court to stop Sephora from pulling out of a long-term agreement to operate mini-stores in hundreds of JCPenney locations after the retailers butted heads about employee furloughs and how to reopen amid the coronavirus pandemic. COVID-19 Closures Send Gold's Gym Into Ch. 11 Fitness chain Gold's Gym International filed for Chapter 11 protection in a Texas bankruptcy court Monday, saying COVID-19 closures had spurred the company into implementing a prenegotiated restructuring plan. Dykema Gossett Eckert Seamans Edelson PC Epstein Becker Green Eversheds Sutherland Faegre Drinker Fisher Phillips Foley & Lardner Fox Rothschild Fragomen Del Rey Fried Frank Fross Zelnick Gibson Dunn Goldberg Segalla Goodwin Greenberg Traurig Greenspoon Marder Hinshaw & Culbertson Hodgson Russ Hogan Lovells Hueston Hennigan Husch Blackwell Irell & Manella Jackson Lewis Jenner & Block K&L Gates Katten Kelley Drye Kilpatrick Townsend Kirkland & Ellis Latham & Watkins Levenfeld Pearlstein Linklaters Littler Mendelson Locke Lord Loeb & Loeb Lowenstein Sandler Manatt Phelps Marshall Dennehey Mayer Brown McDermott Will McKool Smith Mintz Levin Morgan Lewis Morrison & Foerster Munger Tulles Nelson Mullins Nixon Peabody Norton Rose Ogletree Deakins EFTA00032894

Coping With A Pandemic: Purple Campaign's Ally Coll As society continues to adapt to COVID-19, Law360 is sharing reactions from around the business and legal community. Today's perspective comes from Washington, D.C.-based Ally Coll, president and co-founder of The Purple Campaign. EXPERT ANALYSIS Early Pandemic-Related Shifts We're Seeing In Legal Finance As law firms chart their paths forward during these unsettled times, litigation funders are already observing changes in the types of products firms are seeking, such as an increase in one-off case funding requests, says Eric Blinderman at Therium. COVID-19 Gives Congress Greater Incentive To Pass SAFE Act The SAFE Banking Act provides a cost-free way for Congress to buoy the legal cannabis industry by loosening some of the financial impediments the product's federal status imposes on state-legal businesses, say attorneys at Benesch. Orrick Paul Hastings Paul Weiss Pepper Hamilton Phillips Nizer Pillsbury Winthrop Pryor Cashman Quarles & Brady Reed Smith Rivkin Radler Ropes & Gray Saul Ewing Schiff Hardin Schulte Roth Seyfarth Shaw Shearman & Sterling Sheppard Mullin Shook Hardy Sidley Austin Skadden Slaughter and May Spain Spain Squire Patton Boggs Taft Stettinius Troutman Sanders Tucker Ellis Venable LLP Vinson & Elkins Williams & Connolly Wilson Sonsini Winston & Strawn Womble Bond Dickinson COMPANIES Amazon.com Inc. American Bar Association Cedar Realty Trust Inc. GoFundMe Inc. Gold's Gym International Inc. Integrity Staffing Solutions J.C. Penney Co. Inc. J.Crew Group Inc. NASDAQ Inc. National Association for the Advancement of Colored People Neiman Marcus Group Perspecta Inc. SBM Offshore NV Sephora SA The Bank of New York Mellon Corp. EFTA00032895

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