Recent Developments on the Use of MAC Clauses In Secondary Transactions
Mar 03, 2022•9 min
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Episode description
In this Ropes & Gray podcast, asset management partners Isabel Dische, Adam Dobson and Vincent Ip, and litigation & enforcement partner Martin Crisp, discuss recent trends in the usage of material adverse change (or MAC) clauses and “ordinary course” operating covenants in secondary transactions, and provide some context on how these provisions may be interpreted in light of recent events in Ukraine.
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