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27Dec

Just Because a Really Bad Thing Happens Does Not Mean a Material Adverse Effect has Occurred: Assessing the Latest Delaware MAE Decision

Last year’s blockbuster opinion in Akorn, Inc. v. Fresenius Kabi AG—the first Delaware case to find the existence of a Material Adverse Effect (“MAE”)— provided corporate litigators a roadmap for establishing an MAE to avoid closing a merger...
By: Weil, Gotshal & Manges LLP
Source Url: https://www.jdsupra.com/legalnews/just-because-a-really-bad-thing-happens-26994/

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