Will COVID-19 Qualify as a ‘Material Adverse Effect’?

22/05/2020 27 min
Will COVID-19 Qualify as a ‘Material Adverse Effect’?

Listen "Will COVID-19 Qualify as a ‘Material Adverse Effect’?"

Episode Synopsis

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/2ZqqpgDBusiness and Commercial Litigation Practice Group - http://bit.ly/3909Av8 Download Episode Transcript