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
On December 6, 2019, USCIS announced it is implementing the registration process in the next H-1B lo...
Read More >
Financial Institutions M&A sector trends: Stock exchanges/clearing houses/trading venues — H1 2020 ...
Read More >
With talk of a pandemic of the COVID-19 illness (coronavirus) become more prevalent and advice from ...
Read More >
The Minnesota legislature recently enacted sweeping revisions to the state’s wage-and-hour laws to ...
Read More >
Our International Arbitration & Dispute Resolution Team explores an Eleventh Circuit ruling in a cas...
Read More >
On August 8, 2019, the Minneapolis City Council unanimously passed the Wage Theft Prevention Ordinan...
Read More >