17Oct
WEX Win Interpreting COVID-19 Material Adverse Effect Shows M&A Drafting Traps
On October 12, 2020, in Travelport Ltd & Ors v WEX Inc [2020] EWHC 2670, Justice Cockerill of the English High Court held that WEX had in large part correctly interpreted the terms of the material adverse effect (MAE) clause that it invoked to pull out of a $1.7 billion acquisition. The ruling demonstrated that.......
By:
Skadden, Arps, Slate, Meagher & Flom LLP
Related
This briefing supplements our previous Dechert OnPoint briefings “Alert on New UAE FDI Law,” and “...
Read More >
On December 8, 2020, Judge Gerald Pappert in the US District Court for the Eastern District of Penns...
Read More >
Although it may feel like the 2020 presidential election year has already been here for months (or y...
Read More >
In a case of first impression, Maryland’s intermediate appellate court recently held that a subroga...
Read More >
It seems that it is impossible to talk to any fund today without learning that a SPAC is planned or ...
Read More >
We remember when legislative and regulatory developments rarely occurred in December, but those days...
Read More >