Ordinary, Not So Ordinary: But of Course!

Post-2020, folks are likely still wondering: what’s ordinary? While there doesn’t appear to be a ready answer for this question generally, the Delaware Court of Chancery has provided guidance for M&A practitioners to consider when drafting ordinary course covenants. To no one’s surprise, you may discover that what you thought is ordinary is not so ordinary after all. In case you missed it, check out this Practical Guidance Client Alert Digest on the Delaware Court of Chancery’s precedential AB Stable decision and what this could mean for your clients.

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Practical Guidance Updates 
Featuring the latest updates in Practical Guidance. 

• The Practical Guidance Journal Spring 2021 Edition
  Learn how to avoid False Claims Act risks relating to federal funding for COVID-19 relief.
• Document alertsallow you to stay current on legal developments that affect your practice. Find    out how to set up your document alerts.

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