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

U.S. Antitrust Agencies Adjust Review Processes in Response to COVID-19 Crisis

In response to the COVID-19 pandemic, the Federal Trade Commission and the Antitrust Division of the...

Read More >

Public Agency Board Members’ Worker Classification Matters for Tax Purposes

Due to the IRS’ different treatment of private sector and public agency boards of directors, it com...

Read More >

Physical commencement of development consents - frequently asked conditions

Introduction - Changes to the rules around physical commencement of development consents last year i...

Read More >

Actuarial Equivalence Lawsuits Update: Defendants Earn a Win as Pepsi is Granted Motion to Dismiss

PepsiCo, Inc. (Pepsi) is the sponsor of a defined benefit pension plan. Like several other prominent...

Read More >

The Legal Landscape for Canadian Employers One Year after Legalization of Cannabis

With Canada’s federal election fast approaching, Canadians will also be marking the anniversary of ...

Read More >

Update: Westchester County Paid Safe Leave Law Goes Into Effect

As detailed in a prior Alert, the Westchester County Board of Legislators passed a stand-alone safe ...

Read More >