In business combination transactions, Material Adverse Effect (MAE) clauses allocate risks to the target’s business that arise between signing and closing. The COVID-19 pandemic adversely affected many businesses and so led to a series of broken deals in which acquirers claimed they were...

This paper investigates the stock market performance from the second half of February through the latter portion of March 2020 for U.S. travel-related firms (airlines, restaurants, and hotels) in response to the COVID-19 pandemic. Clearly the reduction in travel was negative news for the travel...

This paper analyzes how longer and shorter period of national lockdown during the first wave of COVID-19 can affect public health and economy of nations. Results show that a) countries with shorter period of lockdown (about 15 days) have a variation of confirmed cases/population (%) higher than...

As of June 12, 2021, the end of the COVID-19 pandemic appeared to be fast approaching. As such, there is now increased debate with respect to the nature of a post-COVID economic recovery. Several financial writers have referenced the Roaring 20s as a historical period that may provide useful...

This study is based on need of regional cooperation for response and recovery of COVID-19 pandemic. For the analysis purpose, both primary and secondary data have been applied. Primary data is collected from the open-ended interview from which main theme and associated theme of regional...

We document changing crime trends in England and Wales in the context of the current global pandemic. During the first lockdown that span from mid-March to mid-May 2020 there was a decrease in all crime categories except Anti-social Behaviour and Drug Offences. Since lockdown was lifted most...

Preventing a COVID-19 health crisis has had unintended consequences on domestic abuse victimization. Using event methodology and individual level call data, we examine the patterns of domestic abuse during the COVID-19 lockdown in Greater London and find that the lockdown changed the nature of...

In the decade following the financial crisis of 2008, investment funds in corporate bond markets became prominent market players and generated concerns of financial fragility. The COVID-19 crisis provides an opportunity to inspect their resilience in a major stress event. Using daily microdata,...