"Covid-19 Busted Deal Litigation: The Delaware Chancery Court Speaks!"
Wednesday, December 16, 2020
2:00 - 2:45 pm, eastern [archive and transcript to follow]
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Vice Chancellor Laster's recent decision in AB Stable VIII v. Maps Hotels, (Del. Ch.; 11/20), is the first Delaware case to address in-depth the pandemic's implications for MAE clauses, interim operating covenants, closing conditions and other potential triggers that might permit a buyer to walk away from a deal. During this webcast, the litigators who argued and won the case will discuss how the Chancery Court addressed these issues and provide insights into what deal lawyers need to know about litigating busted deals in the Chancery Court.
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