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Alan Klein Participated in Virtual Webcast on Interim Operating Covenants
03.24.21
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Alan Klein, Co-Head of the Firm’s Mergers and Acquisition Practice, spoke on a recent webcast titled, “Interim Operating Covenants: Hot Takes.” The discussion featured leading dealmakers across the market and focused on interim operating covenants, which regulate the business operations of a target company between the signing and closing of an acquisition, and the effect the COVID-19 pandemic has had on dealmaking. The speakers touched on additional topics such as exceptions to material adverse effect clauses and ordinary course covenants, what unreasonably withheld consent means in relation to ordinary course covenants, and specific drafting implications, among others.
To watch the webcast, please click here.