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30Jun

6 Things To Know About Handling Contract Disputes In The COVID-19 Era

Recently Victoria’s Secret captured headlines that had nothing to do with the retailer’s famous fashion show. Victoria Secret’s parent company, L Brands, and private equity firm Sycamore Partners (“Sycamore”) exchanged lawsuits after Sycamore sought to walk away from its pending acquisition of the lingerie company. Sycamore claimed that Victoria’s Secret had experienced a “material adverse effect” as a result of the coronavirus pandemic, allowing the private equity firm to terminate the deal......
By: Vinson & Elkins LLP
Source Url: https://www.jdsupra.com/legalnews/6-things-to-know-about-handling-37028/

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