Andrew Glenn is mentioned in a Mergermarket article that discusses that with a high bar to proving a material adverse effect (MAE), companies and lenders involved in struggling acquisitions will have different interests and approaches when working through merger agreements amid the coronavirus pandemic.

In the article, Andrew notes that if a transaction is viewed as unfavorable, there is a higher risk that banks and other counterparties may attempt to avoid commitments based on material adverse clauses, force majeure, solvency covenants, or other pretextual reasons.


Read the article.