Andrew K. Glenn Quoted in Mergermarket Article: “Dealmakers Materially Adverse to Citing MAE as Agreements Scrutinized”

Andrew K. Glenn Quoted in Mergermarket Article: “Dealmakers Materially Adverse to Citing MAE as Agreements Scrutinized”

Kasowitz Benson Torres partner Andrew K. Glenn is quoted in the Mergermarket article, “Dealmakers Materially Adverse to Citing MAE as Agreements Scrutinized” concerning how parties to M&A deals can resist, in the wake of the COVID-19 pandemic and based on his experience after the 2008 Great Recession, efforts by banks and others to avoid commitments based on material adverse effect clauses, force majeure, solvency covenants or other pretextual reasons.

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Andrew K. Glenn, partner at Kasowitz Benson Torres, represents private equity firms and portfolio companies in high-stakes litigation, including disputes involving acquisitions and acquisition financings relating to leveraged buyout transactions.  He also has extensive experience handling bankruptcy and restructuring matters, with a focus on financial, valuation and accounting litigation, including the representation of activist shareholders in corporate governance litigation, proxy fights and fraud litigation against major financial institutions.