28Jul
Should I Stay Or Should I Go? The Proliferation Of Litigation Over Buyers’ Attempts To Unilaterally Terminate M&A Transactions In the Wake Of COVID-19
The changed economic landscape caused by COVID-19, with a shortage of debt financing and volatility in the stock market, has resulted in a dramatic downtick in M&A activity. Not only are buyers skittish about making acquisitions in the first instance, many buyers are now faced with the difficult decision of whether to terminate pending deals that have been signed, but have not yet closed, based on the “material adverse effect” (“MAE”) clause contained in their merger agreements......
By:
Moritt Hock & Hamroff LLP
Related
On May 21, 2020, the US Securities and Exchange Commission (SEC) adopted amendments (Amended Rules)1...
Read More >
Most employers know that the Occupational Safety and Health Administration can assess civil penaltie...
Read More >
Recent insolvency law reforms in the UK, Singapore and Australia impact upon the ability of a party ...
Read More >
On 6 August 2019, the UK’s Competition and Markets Authority (the “CMA”) imposed an ‘Unwinding O...
Read More >
Today, the National Labor Relations Board (the "Board") is issuing a much anticipated final rule pro...
Read More >
Maintaining its recent focus on compliance issues particular to educational institutions, OFCCP publ...
Read More >