23Jun
M&A Litigation Continued: Simon v. Taubman and Seller Remedies in the Age of COVID-19
Since the start of the COVID-19 pandemic, several buyers in M&A transactions have sought to avoid closing on a transaction alleging that the seller experienced a material adverse effect (MAE) or breached interim operating covenants between signing and closing. A MAE is typically defined in the definitive agreement and can be a heavily negotiated point and interim operating covenants have historically been tied to operating in the ordinary course......
By:
White and Williams LLP
Related
Religious schools should be aware of the ministerial exception, its potential application to certain...
Read More >
In 2019, the number of large PE transactions in Latin America increased significantly. According to ...
Read More >
On July 23, 2020, the French government issued decree nº 2020-892 of July 22, 2020 (the Decree), and...
Read More >
Netflix is (figuratively) on fire this summer, as it has released tons of new content clearly calcul...
Read More >
Colleges and universities have witnessed major developments in September with student teaching and r...
Read More >
Welcome back to Sherlock Holmes week. It does look like I will got carried away and it will become 1...
Read More >