Canada finally has case law on what constitutes a “material adverse change” and what it means to operate a business in the “ordinary course”. Over the past year, the Ontario Superior Court of Justice released two decisions arising from “busted deals” where the COVID lockdown hit the acquisition target’s business between signing and closing. The result is a pair of must read decisions for everyone in the field of M&A. This session brings together expertise in both deal-making and M&A litigation, and will cover everything you need to know about these important decisions and the impact on M&A going forward.
This program is eligible for 1 hour of Substantive content
