We invite you to enjoy a review of the food and beverage industry with bite size articles ranging from regulatory and real estate trends to litigation and M&A happenings.
The past two years have seen significant changes in almost all industries and the food and beverage industry has unquestionably been impacted by the pandemic as well. However, as we transition into whatever “new normal” awaits us in 2022 and beyond, we already are seeing regulatory and legal changes that reflect this transition into the next phase. Entities such as Congress, the Department of Justice, and others are looking both backwards (as stewards of money already spent) and as well as looking forward to plan for dealing with COVID over the long term. We also see that some things, like food litigation and M&A activity, have leveled and show that even as some things change, others remain constant.
The bottom line is that keeping your finger on the pulse of what is around the corner remains as important as ever.
Companies should be aware that FDA has resumed routine surveillance inspections of registered food facilities on February 7, after temporarily putting them on pause in late December 2021 due to the spread of the omicron variant of COVID-19. The FD&C Act requires FDA to inspect domestic food facilities either once every three years or every five years (depending on whether a facility is “high-risk” or not), but FDA’s...
Why Is World Liberty’s Dolomite Borrowing Under Scrutiny? World Liberty Financial co-founder Zak Folkman defended the project’s roughly $75 million borrowing position on Dolomite Markets, saying t...