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
On March 3, 2020, Exact Sciences announced completion of its acquisition of Paradigm Diagnostics, In...
Read More >
In less than two months the Illinois Cannabis Regulation and Tax Act (the “Act”) will come into ef...
Read More >
The French Data Protection Authority (CNIL) published new Guidelines (French only) on December 10, 2...
Read More >
US Citizenship and Immigration Services (USCIS) announced in the Federal Register on January 31, 202...
Read More >
“Build-to-Rent” (B2R) product, meaning the construction of homes in a defined community intended t...
Read More >
On January 1, 2020, the new federal overtime rule takes effect. Other than in states with already-h...
Read More >