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
As the end of the year approaches, many employers are preparing for the annual office holiday party....
Read More >
This Is The 2nd Of A Trilogy Of Blogs Addressing The E-2 Visa Option Post The November 21 Change In ...
Read More >
The U.S. women’s soccer team celebrated their victory over the Netherlands at a victory parade in L...
Read More >
Several COVID-19-related mergers and acquisitions (M&A) complaints have been filed with the Delaware...
Read More >
On June 30, the Federal Trade Commission (FTC) and Department of Justice Antitrust Division (DOJ) re...
Read More >
The COVID-19 pandemic is one of the biggest threats to the global economy and financial markets that...
Read More >