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
California Governor Gavin Newsom has signed into law the nation’s first bill banning discrimination...
Read More >
The Commissioner of Internal Revenue announced the 2020 dollar limitations for benefits and contribu...
Read More >
In today’s episode I visit with Rebecca Rehm, Compliance Business Partner Manager at Olympus Corpor...
Read More >
The Equal Employment Opportunity Commission (EEOC) recently released guidance in an FAQ to employers...
Read More >
President Trump has nominated Eugene Scalia, son of the late Supreme Court Justice Antonin Scalia, t...
Read More >
In terms of value, the technology and healthcare sectors—separately and, sometimes, in tandem—have...
Read More >