The outbreak of COVID-19 is having an unsettling effect worldwide, and many businesses have been negatively impacted by stringent lockdowns and waning consumer confidence. Unexpected events, such as the COVID-19 outbreak, can trigger the material adverse change (MAC) clause in contractual agreements. MAC clauses can be triggered when a buyer has signed, but not executed, […]

Think back to this past New Year’s Eve and all the hopes we had for the upcoming year.  Even the most jaded of us wouldn’t have predicted what the next few months had in store for us.  Is it possible that 2020 is only five months old?  We are unquestionably living through a historic time.  […]

While COVID-19 has forced the closure of many aspects of normal life, a number of articles and outlets have pointed out that several areas are benefiting from the “new normal.” One such subsector is video gaming. The gaming world can be broken down into two sections, the traditional gaming industry (what used to be called […]

The Freehold Raceway Mall opened in my hometown, Freehold, New Jersey, on August 1, 1990.  I was 12 years old, and I thought it was awesome.  It made shopping trips with my mom so much more efficient than multiple stops at strip centers along Route 9 or the longer drives to more distant malls.  More […]

Significant capital will be required to facilitate the American economic recovery from the Covid-19 pandemic.  However, without the ability to reliably predict consumer demand, investors, lenders, and businesses in the consumer sector can neither forecast operating or capital cash needs, nor project return on investment.  In this article, we outline the factors that will dictate […]