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
On Monday, August 17, 2020, Baker Donelson's Clinton Sanko sat down with Wendell Jisa, CEO of Reveal...
Read More >
On July 23, 2020, the French Competition Authority (the "Authority") published its new guidelines on...
Read More >
Public tender offers under the German Securities Acquisition and Takeover Act: Offers, results and a...
Read More >
On March 22, 2020, the City of Philadelphia issued a Prohibition on Non-Essential Business that mand...
Read More >
ILPA report highlights new issues that have emerged in the 2010s, including additional concerns abou...
Read More >
McDermott continues its dialogue with renewable industry leaders to provide the latest market update...
Read More >