26Oct
Report from the Front Lines: COVID-19 M&A Litigation in Delaware
Many high-profile transactions impacted by the COVID-19 pandemic have fallen apart between signing and closing, resulting in litigation—often in the Delaware Court of Chancery—focused on whether the buyer had an obligation to close. Buyers backing out of transactions generally have asserted the occurrence of a “material adverse change” or “material adverse event” (“MAE”) and the failure of the to-be-acquired company to operate in the ordinary course of business....
By:
Quinn Emanuel Urquhart & Sullivan, LLP
Source Url: https://www.jdsupra.com/legalnews/report-from-the-front-lines-covid-19-m-43452/
Related
Yesterday September 12, 2019, the California Supreme Court held that private litigants may not recov...
Read More >
ERISA Section 206(d)(3)(G)(ii) requires sponsors of qualified retirement plans to maintain written p...
Read More >
In a recent working paper, researchers at UCLA and the University of Amsterdam determined that a sin...
Read More >
The U.S Department of Labor (DOL) has announced a final rule that will revise its regulations regard...
Read More >
On January 1, 2020, the Artificial Intelligence Video Interview Act went into effect in Illinois. T...
Read More >
Can an employer provide health care coverage for its employees by simply setting aside cash for them...
Read More >