United States: Delaware Court Of Chancery Issues Precedential Decision Addressing The Impact Of COVID-19 On M&A Transaction, Finding Violation Of Ordinary Course Covenant But No Material Adverse Effect - Akin Gump Strauss Hauer & Feld LLP

Mondaq

18 Dec 2020 0 shares 1 views

Mondaq

Published 18 Dec 2020

The court read the MAE clause narrowly to capture the COVID-19 pandemic within its exceptions.

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