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
Upending the longstanding practice of employers including no-rehire clauses in agreements resolving ...
Read More >
Types of business entities - The two most common types of legal entities adopted in Argentina are t...
Read More >
There are many notable east coast-west coast rivalries. In sports (Celtics versus Lakers basketball)...
Read More >
Overview - This report looks at how Joe Biden’s election will impact U.S. and global transactions,...
Read More >
Rock Health called the landmark Teladoc-Livongo deal a starter pistol for the virtual care platform ...
Read More >
Global retail M&A value increased year on year, as appetite for supermarket and convenience store as...
Read More >