“Financial” buyers are amongst the most active participants in M&A.
Alleged material adverse effects (“MAEs”) are amongst the most complex disputes in M&A.
So what happens when a private equity buyer meets an MAE in M&A?
Some may be surprised by what Delaware and Canadian courts have said.
In our article, Does a Different MAE Analysis Apply to a “Financial” Buyer? (PDF, 181KB), in The M&A Lawyer we explore this open question for the benefit of dealmakers on both sides of the border.
For more of Fasken’s M&A and Private Equity insights, visit our M&A Knowledge Centre.