The article noted in the post under the link below may provide companies that have committed to purchase other companies with a legally valid ground for using the Coronavirus Pandemic as a basis for withdrawing from their commitment.

Here’s the link:

https://delawarechancery.foxrothschild.com/mergers-and-acquisitions/court-of-chancery-weighs-terminating-ma-deals-under-material-adverse-effect-clauses/?utm_source=Fox+Rothschild+-+Delaware+Chancery+Law+Blog&utm_campaign=d884eb72d1-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_86821ff155-d884eb72d1-70733165

The post by Peter Mahler under the link below discusses a recent case that addresses serious mistakes in a corporate shareholder buy-sell agreement.  The same mistakes can readily be made in LLC operating agreements.

Here’s the link:

https://www.nybusinessdivorce.com/2020/04/articles/arbitration-and-mediation/buy-sell-agreements-are-supposed-to-deter-litigation-not-foment-it/

The above question is important in most LLC internal disputes.  The latest post in Peter Mahler’s “business divorce” blog addresses it.  The link is:

https://www.nybusinessdivorce.com/2019/10/articles/advancement-and-indemnificatio/can-the-company-pay-my-legal-fees/

If you want to make sure the choice-of-law provisions in LLC operating agreements you draft is valid, read the post under the link below:

https://www.lexology.com/library/detail.aspx?g=5b208b84-0aea-4ce9-a358-e012340a7e4c&l=8JVNXYN