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 Friday, August 9, 2019, Governor Pritzker signed SB 75, as part of a massive overhaul of employme...
Read More >
On February 7, 2020, the Centers for Disease Control and Prevention (CDC) issued its Interim Guidanc...
Read More >
New York State has banned discrimination against hairstyles or textures associated with race....By: ...
Read More >
White & Case LLP argued the last successful fully-fledged "failing firm defence" case in Aegean/Olym...
Read More >
The European Commission on March 25 issued guidelines addressed to its member states outlining an EU...
Read More >
The Tennessee General Assembly passed the Healthy Workplace Act back in 2014, which provided immunit...
Read More >