Page 16 - Material Adverse Effect News Today

In AB Stable VIII LLC v. MAPS Hotels and Resorts One LLC, et al., No. 71, 2021 (Del. Dec. 8, 2021), the Delaware Supreme Court, sitting en banc, affirmed a Court of Chancery judgment...

EQUITY DISTRIBUTION AGREEMENT January 21, 2022 CANACCORD GENUITY CORP. 161 Bay Street, Suite 3000 Toronto, Ontario M5J 2S1 ... | January 21, 2022

Press release content from Business Wire. The AP news staff was not involved in its creation.

One consequence of the COVID-19 pandemic is that many businesses were forced to adjust their operations in an effort to slow the spread of the virus. In many ways such adjustments are a...

In a highly anticipated decision, the Ontario Superior Court of Justice – Commercial List held that Cineworld wrongly terminated its arrangement agreement to acquire Cineplex, which was...

Key Points - On December 7, 2021, the Delaware Supreme Court unanimously upheld the Court of Chancery’s decision in AB Stable VIII LLC v. MAPS Hotels and Resorts One...

Investegate announcements from Hilton Food Grp Plc, Proposed Placing of new ordinary shares

Updated 8 Jan. '21: When the world’s largest luxury conglomerate, French-owned Moët Hennessy Louis Vuitton SE (LVMH), submitted an unsolicited bid to acquire iconic US jeweller Tiffany & Co. last October, many industry commentators expressed shock – even more so when LVMH’s $US16.2 billion offer was accepted the following month.

On July 9, 2021, Vice Chancellor Slights of the Delaware Court of Chancery, in Bardy Diagnostics, Inc. v Hill-Rom, Inc. (Del. Ch. July 9, 2021)...

To embed, copy and paste the code into your website or blog: On July 9, 2021, the Delaware Court of Chancery issued its latest decision determining whether a buyer’s attempted invocation of a Material Adverse Effect (MAE) clause was effective to excuse the buyer’s failure to close an acquisition of the target company pursuant to a signed merger agreement. While the court relied upon well-trodden paths in reaching its determination that no MAE had in fact occurred, there are a few takeaways ...