24Dec
Fairstone Financial v Duo Bank – Ontario Court Interprets MAC Clause
In Fairstone Financial Holdings Inc v Duo Bank of Canada, Koehnen J. of the Ontario Superior Court of Justice (Commercial List) had the opportunity to further the limited jurisprudence on material adverse change/material adverse effect (MAE) clauses. Unsurprisingly, this jurisprudence has become more prominent as a result of the suddenness and uncertainty of the COVID-19 pandemic. In this decision, Koehnen J. considered the applicability of an MAE clause and other covenants in a share purchase...
By:
Bennett Jones LLP
Related
The Tennessee General Assembly passed the Healthy Workplace Act back in 2014, which provided immunit...
Read More >
Despite the heightened attention to avoiding and addressing sexual harassment claims in the wake of ...
Read More >
In today’s edition of Daily Compliance News: • SW company discloses possible trade sanction violat...
Read More >
On December 30, 2019, OFCCP updated its Federal Contract Compliance Manual (FCCM) for the first time...
Read More >
In this episode of Tarter Krinsky & Drogin's podcast series Law Brief, Non-Competes Are Not So Bad! ...
Read More >
The Federal Trade Commission has announced new HSR thresholds for 2021, which are lower than the exi...
Read More >