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
Undoubtedly, 2019 has been a year of change for Illinois employers, as businesses grapple with new m...
Read More >
The U.S. Small Business Association (the “SBA”) released on October 2, 2020 a Procedural Notice pr...
Read More >
On November 25, 2019, the Commonwealth Court issued a decision addressing the effect that breaks in ...
Read More >
The Chamber of Commerce and employer organizations convinced a federal court judge in California to ...
Read More >
At a time of crisis and economic upheaval, there is a natural tendency for people to pull together. ...
Read More >
The Fifth Circuit concluded that a plan’s three-year contractual limitations period began to accrue...
Read More >