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Pandemic-Related Deal Litigation Highlights Buyer Leverage in Transactions Requiring Debt Financing

Cooley M&A

The dispute between Juweel Investors and the Carlyle Group (in addition to other investors) [2] revolves around Carlyle’s failure to consummate the acquisition of a 20% interest in American Express Global Business Travel, a corporate travel management services business heavily impacted by COVID-19. MAPS Hotel and Resorts One, LLC, et al. ,