Jonathan D. Honig of Feder, Kaszovitz, Isaacson, Weber Skala, Bass & Rhine writes that the recent settlement of the J&J/Guidant dispute with a revised deal deprived the business community of further clarification with respect to the meaning of material adverse effect clauses, but enough occurred to suggest the need for further progress in the drafting of such clauses and how they may fare in the courts.
December 06, 2005 at 12:00 AM
1 minute read
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