16Dec
Blog: Delaware Puts the Conduct of Business Covenant on Center Stage in COVID-Related M&A Dispute
In the months following the onset of the COVID-19 pandemic, a slew of parties filed lawsuits in US courts relating to M&A transactions that were signed prior to March 2020 and that buyers were seeking to terminate as a result of the pandemic. In these lawsuits, buyers commonly alleged one (or both) of the following as justification for their failure to close: (i) that the target suffered an MAE as a result of COVID-19’s impact on its business; or (ii) that target materially breached the conduct...
By:
Cooley LLP
Related
In light of the decision rendered by the California State Senate misclassifying self-employed worker...
Read More >
On October 20, 2020, TransPerfect Legal Solutions (TLS) hosted an inaugural conference on recent dev...
Read More >
Federal, state and local efforts to combat the spread of COVID-19 through social distancing and rest...
Read More >
In a tightening job market, more companies are considering offering perks such as gym memberships, f...
Read More >
On April 1, 2019, the U.S. Department of Labor issued proposed regulations clarifying its interpreta...
Read More >
On September 30, 2019, Chancellor Andre G. Bouchard of the Delaware Court of Chancery denied defenda...
Read More >