X
14Jan

Channel Reinforces that Akorn is the Ceiling not the Floor for MAE Terminations

2018’s landmark decision Akorn, Inc. v. Fresenius Kabi AG marked the first time that the Chancery Court upheld a buyer’s use of a Material Adverse Effect (MAE) clause to terminate a merger agreement. However, the Court’s reasoning in the case...
By: Dorsey & Whitney LLP
Source Url: https://www.jdsupra.com/legalnews/channel-reinforces-that-akorn-is-the-45709/

Related

A Change Is Gonna Come - Governor Murphy Announces Proposed Legislation to Revise New Jersey’s Anti-Workplace Harassment Laws for Employers

Seyfarth Synopsis: On February 18, 2020, Governor Phil Murphy announced proposed legislation amendin...

Read More >

Not Even COVID-19 Will Stop OFCCP

On March 20, 2020, OFCCP made clear in an announcement to the contractor community that it will cont...

Read More >

Top Five Labor Law Developments For January And February 2020

1.The Trump Administration announced its intent to re-nominate National Labor Relations Board (NLRB)...

Read More >

INSIGHT: How to Identify and Attract Blockchain Talent

Law firm clients are starting to demand blockchain expertise to guide them through a business, techn...

Read More >

The Heart of Employee Rights Under CCPA: Attorney General Modifies Guidance

Transparency and communication are cornerstones of a successful relationship—and the employment rel...

Read More >

Wage Theft Act Becomes Law in New Jersey

New Jersey’s new Wage Theft Act will likely make the state a destination for wage and hour class ac...

Read More >