03Dec
Delaware Court of Chancery Issues Major Decision on COVID-Related Issues in M&A Deals, Allows Buyer to Terminate Agreement for Breach of Operating Covenant
In a late night, 242-page decision, the Delaware Court of Chancery ruled that the buyer in a purchase and sale agreement was relieved of its obligation to close and could terminate the agreement as a result of the changes made to the business by the seller in response to the COVID-19 pandemic....
By:
Dechert LLP
Related
Introduction and Background - On January 29, 2020, the Second Department affirmed a Suffolk County ...
Read More >
Perhaps no industry in history has been targeted for its basic employment requirements like the reta...
Read More >
In the January 2020 visa bulletin issued by the US Department of State, EB-2 worldwide employment-ba...
Read More >
State and local leave laws are changing weekly and sometimes even daily! For the second time this mo...
Read More >
Late last year, we wrote about Shore v. The Charlotte-Mecklenburg Hospital Authority, et al., in whi...
Read More >
On October 10, 2019, California Governor Newsom signed a bill seeking to ban employers from requirin...
Read More >