COVID-19: Impact on M&A Agreements

In the Summer of 2020, Cravath published a resource for clients entitled “COVID‑19: Impact on M&A Agreements,” which summarizes the ways in which M&A agreements have been shaped by the wave of litigation spurred by the pandemic, which has centered around buyers’ attempts to delay or terminate pending M&A deals signed before the crisis. Changes detailed in the resource include a review of carve‑outs in recent material adverse effect definitions, interim operating covenants and access provisions – the terms of acquisition agreements that have been the subject of recent disputes.

Please click here to read the resource.