X
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
Source Url: https://www.jdsupra.com/legalnews/should-i-stay-or-should-i-go-the-64667/

Related

Breach of Contract Claims Find No Quarter in the Language of Ohio’s Statute of Repose: R.C. § 2305.131 Applies Both Tort and Contract Claims

The Supreme Court of Ohio recently held that R.C. § 2305.131, the real property construction of repo...

Read More >

Construction Project Team Considerations Regarding COVID-19

Construction project impacts from the COVID-19 pandemic are far-reaching and continuing to evolve. W...

Read More >

Massachusetts’ Reopening Plan: What Businesses in Phase 1 Need to Know

On May 18, 2020, the Baker-Polito Administration revealed its four-phased approach to reopening the ...

Read More >

What's The Difference Between Wrongful Death And Survival Actions?

If someone dies as the result of a personal injury, the deceased's estate can bring what is called a...

Read More >

Pensions: What's new this week - 30 September 2019

Welcome to your weekly update from the Allen & Overy Pensions team, bringing you up to speed on the ...

Read More >

NLRB Holds that Employer Does Not Taint Decertification Effort by Promoting the Employee Responsible for the Petition

In a recent decision, AIM Aerospace Sumner, Inc., the National Labor Relations Board (Board) held th...

Read More >