Black Friday Needs to Start Really Early: Risk of Material Adverse Effect

Warning shoppers—or, rather, sellers: a company’s failure to meet sales forecasts may amount to a material adverse effect. In Osram Sylvania Inc. v. Townsend Ventures, LLC, Osram Sylvania Inc. (OSI), a stockholder of Encelium Holdings, Inc.,...
By: Akin Gump Strauss Hauer & Feld LLP

Akin Gump Strauss Hauer & Feld LLP