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
Related
The recent Tax Decree 2020 (Decree-Law no. 124 of 26 October, 2019, converted into Law no. 157 of 9 ...
Read More >
On November 5, the U.S. Department of Labor published a proposed rule in the Federal Register to pro...
Read More >
A recent judgment by the Hadera Magistrate’s Court upends the common view currently reflected in ag...
Read More >
Presently, an employee alleging harassment, discrimination, or other claim under California’s Fair ...
Read More >
2019 was a banner year for public-private partnerships ("P3s") in the United States. More states tha...
Read More >
Addressing for the first time whether real-parties-in-interest (RPIs) are evaluated at the time a pe...
Read More >