Martin Luther King Junior famously said, “Of all the forms of inequality, injustice in health is the most shocking and inhumane.” Echoing this assertion, in the recently concluded parliamentary se...
Published On: 26/03/2020
Authors:
With the growing uncertainty around the COVID-19 situation, parties have begun to evaluate what customarily gets built into transaction documents as a clause relating to material adverse effect or material adverse change ('MAE/MAC'). INDUSLAW's Suneeth Katarki, Winnie Shekhar, Rahul Tiwari and Jaidrath Zaveri examine how the COVID-19 situation might bring the MAE/MAC clauses in transaction documents to the forefront of discussion.
