Material Adverse Change clauses are common in credit agreements, but are rarely interpreted by the courts. This article reviews cases when a lender’s knowledge of pre-existing financial circumstances at the time of granting credit is considered when assessing whether a material change has occurred.
Janice More, vice president, European general counsel, company secretary at HJ Heinz, and winner of the ILO and ACC Europe’s European General Counsel of the Year award, shares insight on legal department leadership in this article. More’s collaborative approach has created streamlined, strategic engagement between her in-house team members and their business and legal partners. More leverages partnerships to add value to the Heinz business.
This article provides a brief overview of ACC’s Guide to the ACC Value Challenge in Europe, a new online resource that addresses the concerns of corporate counsel in Europe.
This article discusses the judgments recently passed by several European courts in cases that involve age discrimination.
Respondents to the EMEA Legal Department Benchmarking Survey 2013 reveal the impact Europe’s continued economic downturn has had on legal department management.
This QuickCounsel examines the differences in attorney-client privilege between the United States and the European Union, individual European countries, Canada, Brazil, Russia, India and China.
This article considers how the duty of good faith impacts on the on-going relationship between franchisor and franchisee in the civil and common law traditions.
Unitranche facilities, with or without accompanying super senior revolving facilities, have become a more prominent feature of the European market in recent years, driven in part by the growing number of credit funds looking to provide this product.
This memorandum briefly sets out the rules which apply to counterparties categorised under EMIR as "non financial counterparties" ("NFC"). It is not however designed to describe in detail the clearing mechanics or the consequences on daily valuation at market price and thus of potential margin calls.
A survey of global employers and the challenges they face, such as legal trends related to hiring and firing, harassment policies, anti-corruption compliance, and whistleblowers.