“The COVID uncertainty persisted over a long period, and it was impossible to predict how long lockdowns would persist. It’s hard to see how companies were better placed than the market to assess how things would swing as the pandemic receded,” University of Michigan Law Professor Adam Pritchard said.
“The COVID uncertainty persisted over a long period, and it was impossible to predict how long lockdowns would persist. It’s hard to see how companies were better placed than the market to assess how things would swing as the pandemic receded,” University of Michigan Law Professor Adam Pritchard said.