
MAC the knife: why you should use 'material adverse change' clauses with caution
Supply chains squeezed, deliveries delayed and consumption collapsing, these are testing times for treasurers. CT looks at how much stretch there can be in contract language.

The coronavirus has paralysed supply chains, leading to delays in deliveries while eroding consumer demand, which has taken a toll on cash flow and liquidity.
Sign-in to access CorporateTreasurer content.
Please sign in to your subscription to unlock full access to our premium CT resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial. Click the link to get started.
Note: This free trial is a one-time offer. You are eligible for one free trial per year.
If you are a treasurer, CFO or senior finance professional at a corporate, please register to the website here.
Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters