I wanted to share this recent Coronavirus Response Team legal update on M&A authored by Frank W. Eucalitto, Eric M. Kogan, and Leslie J. Levinson from our Business Transactions Group, which includes a short summary of some key areas that buyers and sellers may want to consider addressing.
It is readily apparent that the COVID-19 pandemic has had an impact on transactional activity—at least in the short term—for both buyers and sellers across a range of industries. Whether parties are still moving forward with their transactions, placing them on hold until markets stabilize, or initiating them during the continuing COVID-19 crisis, both buyers and sellers may want to carefully review deal terms and consider what might need to be updated to properly account both for this pandemic and for similar events in the future. There are many provisions commonly found in M&A transactions that stand out as requiring careful consideration going forward, in light of market conditions. Read the full update.