X
22Sep

Mergers and Restrictions on Assignments by “Operation of Law”

Few things are more fundamental to M&A due diligence than determining whether any of the material contracts to which the target is a party require a counterparty’s consent as a condition to the proposed acquisition. And that determination is significantly influenced by the specific language set forth in the contract’s anti-assignment/change of control provision, as well as the form the proposed acquisition takes—i.e., whether the transaction is an asset purchase from the target, a purchase of...
By: Weil, Gotshal & Manges LLP
Source Url: https://www.jdsupra.com/legalnews/mergers-and-restrictions-on-assignments-26378/

Related

COVID-19 M&A Closing Considerations

Even though we are in the early days of assessing the impact of the COVID-19 pandemic on mergers and...

Read More >

SBA Notice Paves the Way for Change of Ownership Transactions by PPP Borrowers

For several weeks, parties to pending merger and sale transactions involving Paycheck Protection Pro...

Read More >

HHS Gives New Guidance on Drug Manufacturer Coupons and Out-of-Pocket Maximums

In April 2019, the Department of Health and Human Services (HHS) released guidance indicating that a...

Read More >

UPDATE - Columbia, South Carolina Enacts Ban-the-Box Law for City Employers

Seyfarth Synopsis: The Columbia, South Carolina Mayor Steve Benjamin has signed a new law prohibitin...

Read More >

Washington Supreme Court Extends Corporate Privilege to Non-Employee Contractors

More than thirty years ago, the Washington Supreme Court ruled defense counsel may not engage in ex ...

Read More >

Foreign direct investment reviews 2020: A global perspective - China

China has moved to strengthen its review of foreign direct investments in 2020 - The PRC Foreign I...

Read More >