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

Understanding This Pension Rule May Help Contractors Avoid Costly Liability Assessments

If you use union employees in your projects, you may contribute to a multiemployer pension plan—per...

Read More >

FTC and DOJ Resume Granting Early Termination of the HSR Waiting Period

In the wake of COVID-19 and the mass telework directives, the Premerger Notification Office of the F...

Read More >

COVID-19's Impacts on Construction Projects

COVID-19 and the ensuing shutdown of much of the economy will affect construction projects dramatica...

Read More >

California Supreme Court Casts Doubt on Arbitration Agreements that Require Civil Litigation Procedures for Wage Claims

On August 29, 2019, the California Supreme Court held in OTO, L.L.C. v. Kho, S244630, that a mandato...

Read More >

Investment control procedures: Further tightening to secure Germany's "technological sovereignty"

With a slight delay, the German Federal Ministry of Economics and Energy (BMWi) published its announ...

Read More >