The Upside of Investigating Taxpayers’ Approaches to the Downside Risks of Tax Law Change

Heather M. Field, Tax MACs: A Study of M&A Termination Rights Triggered by Material Adverse Changes in Law, 73 The Tax Lawyer 823 (2020).

Charlene D. Luke

Heather M. Field’s Tax MACs: A Study of M&A Termination Rights Triggered by Material Adverse Changes in Law presents information and insights about tax-specific material adverse change provisions in publicly filed mergers and acquisitions (M&A) agreements from May 2014–May 2019. Field identified and primarily focused on 13 agreements with “Tax MAC Out” provisions, meaning […]