Covid-19 Hangs Over Amex GBT Investor Pullout Dispute

A Delaware chancery court has been asked to decide whether would-be investors in American Express Global Business Travel can pull out of their agreement in the wake of travel industry devastation wreaked by Covid-19. A key question, according to court documents unsealed this week, is whether Amex GBT's backers are protected in their deal from the impacts of the pandemic.

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