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
On June 19, 2019, the New York State Assembly passed sweeping legislation designed to increase prote...
Read More >
In this episode, Laura Scully discusses key legislation that the New York State Governor signed on A...
Read More >
Over a million Californians have said they want a chance to vote on the misclassification law that t...
Read More >
Candid conversations, unfiltered insights, and a dose of hard-earned wisdom from influential women, ...
Read More >
Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance relat...
Read More >
A parent can use intermittent Family and Medical Leave to attend an individualized education program...
Read More >