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Covid-19: How adverse is materially adverse?

03/04/2020

The concept of ‘Material Adverse Effect’ or ‘Material Adverse Change’ is used for protection from the unknown: events of magnitude which cannot be anticipated in due diligence and risk assessment. The COVID-19 pandemic has had an enormous impact on every...

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Authors

Portrait ofSimon Johnston
Simon Johnston
Partner
London
Portrait ofAlex Patience
Alex Patience
Partner
London
Portrait ofMarianne Mudd
Marianne Mudd
Senior Knowledge Counsel
London