United States: Delaware Court Of Chancery Permits Buyer To Terminate Merger Due To Target's Failure To Operate In The Ordinary Course; But Finds No MAE Due To COVID-19 - Paul Weiss Rifkind Wharton & Garrison
In AB Stable VIII LLC MAPS Hotels and Resorts One LLC, et al., the Delaware Court of Chancery held that the COVID-19 pandemic did not result in a Material Adverse Effect ("MAE")...
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