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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/

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