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
The Ministry of Justice and Law issued Resolution No. 806 of June 4, 2020, implementing important ch...
Read More >
Thanks to renewed interest in. multiple employer plans (MEPs), I will always get the phone call from...
Read More >
In data 14 luglio 2020, è stato pubblicato in Gazzetta Ufficiale il D.Lgs. 14 luglio 2020, n. 75 (di...
Read More >
Restaurant Tolerated a Sexually Hostile Work Environment, Federal Agency Charges - LITTLE ROCK, Ar...
Read More >
The Federal Trade Commission's Premerger Notification Office (PNO) announced that, effective Monday,...
Read More >
In December 2020, the United States Department of Transportation (DOT) amended the small business si...
Read More >