The Harris Beach Podcast
Will COVID-19 Qualify as a ‘Material Adverse Effect’?
The use and enforcement of material adverse effect clauses in transactions is another area of law with a renewed focus in the aftermath of the COVID-19. The clause may come into play if, as anticipated, businesses find themselves in the positon of having a pending transaction terminate due to the pandemic.
In this episode of the Harris Beach podcast, Kelly Foss, a partner in the Harris Beach Business and Commercial Litigation Practice Group, shares perspective on how MAE clauses are applied and interpreted by the courts and addresses the key question – the extent to which COVID-19 qualifies as a material adverse effect.
Related Links:
Kelly Foss Bio - https://bit.ly/2ZqqpgD
Business and Commercial Litigation Practice Group - http://bit.ly/3909Av8