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

Recent Decisions Recognize Limits on Lien Amounts Properly Includable Under Michigan and Connecticut Lien Statutes

Lost profits, not part of unpaid contract balance, may be recoverable as consequential damages in co...

Read More >

But We Tried to Do It Right! Stand-Alone Misclassification of Independent Contractor May Not Be a Violation

Recently, the National Labor Relations Board (NLRB) issued another pro-employer decision, resolving ...

Read More >

New Proposed Rules Could Change the Hart-Scott-Rodino Reporting Landscape, and Not for the Better

Practitioners and dealmakers have lived under the Hart-Scott-Rodino (HSR), reporting requirements fo...

Read More >

NLRB Election Rule Changes Aim to Restore Level Playing Field

In a move certain to bring employers some holiday cheer, the NLRB has announced changes to its rules...

Read More >

Transforming Your Law Firm

The global consulting firm, McKinsey and Company, recently released a number of articles related to ...

Read More >

Lack of ADA clarity paves way for more website accessibility lawsuits

On October 7, the U.S. Supreme Court declined to review the Ninth Circuit’s decision in Robles v. D...

Read More >