United States: Ordinary Course Of Business In The Shadow Of The Pandemic: Delaware Court Rules That Measures Resulted In Breach Of Covenant - Mayer Brown

United States: Ordinary Course Of Business In The Shadow Of The Pandemic: Delaware Court Rules That Measures Resulted In Breach Of Covenant - Mayer Brown

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In its post-trial opinion in AB Stable VIII LLC v. MAPS Hotels and Resorts One LLC (Nov. 30, 2020), Vice Chancellor J. Travis Laster of the Delaware Court of Chancery held that AB Stable VIII LLC...

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