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
Employers can breathe easy once again knowing that common law reasonable notice is still capped at 2...
Read More >
On August 30, 2019, Governor Newsom signed into law SB 778, which delays by one year the new harassm...
Read More >
Morrison v. Berry considers Plaintiff’s claims for damages following the purchase of a grocery-stor...
Read More >
The European Central Bank announced on Thursday that is likely to revive the quantitative easing pro...
Read More >
Veterans Day is a good time to refresh employers on the federal rights entitled to their employees w...
Read More >
Coronavirus is already having significant economic impacts on industry, including business interrupt...
Read More >