CORONAVIRUS (COVID-19): IMPACT OF MAE/MAC CLAUSES ON M&A AND INVESTMENTS

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.