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Blog Post | Timely Disclosure

Potential Bought Deal Market Disruption Citing COVID-19 as Grounds for Termination

Fasken
Reading Time 1 minute read
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It is likely that a trend will emerge in the coming months of cancelled transactions leading to litigation as to whether the impact of the novel coronavirus (“COVID-19”) amounts to a “disaster” or a force majeure under various agreements. Standard underwriting agreements contain termination provisions, some of which may be triggered by COVID-19. As a... Continue Reading

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