X
12Jul

Delaware Court of Chancery Confirms Ability of Stockholders to Assert Third-Party Beneficiary Claims Under Merger Agreements

Locke Lord LLP | | Return|
A common provision in merger agreements is denial of the right of non-parties to the agreement to assert third-party beneficiary claims. The use of this provision left open the question whether stockholders of a disappearing target company could...
By: Locke Lord LLP
Source Url: https://www.jdsupra.com/legalnews/delaware-court-of-chancery-confirms-77981/

Related

Reasonable belief and whistleblowing claims

Background to reasonable belief in the public interest - The public interest test was introduced a...

Read More >

NLRB Reaffirms Its Commonsense Approach to the Validity of Employee Rules

LA Specialty Produce is a distributor of produce and other fine and specialty foods. LA Specialty’s...

Read More >

National Labor Relations Board Finishes 2019 with a Flurry of Significant Decisions

In what is seemingly becoming an annual tradition, the National Labor Relations Board (the “Board”...

Read More >

New Jersey Expands its Medical Cannabis Act to Include Workplace Protections

Prior to July 2nd, New Jersey’s Medical Cannabis Act lacked protections for employees’ off-duty me...

Read More >

Dear YouDig? Unfair retainage

Dear YouDig?, We are finishing up a contract to start a piece of a big project. The owner is pushin...

Read More >

Fifth Circuit Hands Employers a Big Win, Rules Day Rates Can Satisfy the Salary Basis Under the Highly Compensated Employee Exemption

Seyfarth Synopsis: Employers were handed a big win recently when the U.S. Court of Appeals for the ...

Read More >