Tag Archives: Manchester airport

Coronavirus: MAC clause used to withdraw from £510m property acquisition

Posted on April 6, 2020 by Christopher Wilsher

News sources are reporting that Columbia Threadneedle has withdrawn from its £510m agreement to buy Manchester Airport Group’s Victoria portfolio, despite having exchanged. A Material Adverse Change (MAC) clause in the contract has allowed the fund manager to withdraw from the …

Posted in Shorter Reads | Tagged CoronaVirus, COVID, MAC, Manchester airport, Material Adverse Change | Comments Off

Enjoy reading our articles? why not subscribe to notifications so you’ll never miss one?

Subscribe to our articles

Message us on WhatsApp (calling not available)

Please note that Collyer Bristow provides this service during office hours for general information and enquiries only and that no legal or other professional advice will be provided over the WhatsApp platform. Please also note that if you choose to use this platform your personal data is likely to be processed outside the UK and EEA, including in the US. Appropriate legal or other professional opinion should be taken before taking or omitting to take any action in respect of any specific problem. Collyer Bristow LLP accepts no liability for any loss or damage which may arise from reliance on information provided. All information will be deleted immediately upon completion of a conversation.

I accept Close

Latest news:

Apply for a Training Contract with Collyer Bristow