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Mergers & Acquisitions,
Corporate

Apr. 22, 2020

Cold Feet? Material adverse change clauses in pending mergers and acquisitions

The COVID-19 pandemic has had an unprecedented impact on the global economy. Companies in the midst of M&A transactions when the pandemic began are likely to have substantial concerns regarding the impact of COVID-19 on the target company’s operations and continued financial viability.

Amnon Siegel

Partner
Miller Barondess LLP

Grant Cofer

Associate
Miller Barondess LLP

The COVID-19 pandemic has had an unprecedented impact on the global economy. Companies in the midst of M&A transactions when the pandemic began are likely to have substantial concerns regarding the impact of COVID-19 on the target company’s operations and continued financial viability. Many businesses may be disinclined to pay a purchase price negotiated prior to the coronavirus outbreak. Parties seeking to void pending M&A transactions will almost certainly b...

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