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Showing 1 to 1 of 1 for “"Debt Decoupling"”.
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Uncertainty in Debt Finance: Reconceptualising Material Adverse Change Clauses
… valuable and complex deals, such as corporate debt financing or mergers and acquisitions (“M&A”) deals, include special contractual risk allocation provisions, called Material Adverse Change/Effect (“MAC”) clauses. Despite increasing popularity, vague drafting and the lack of case law have made …