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

A Contractor’s Guide During the Coronavirus Pandemic 2.0

The coronavirus pandemic has created novel burdens for contractors throughout the world. Project sto...

Read More >

Another surprising AI application: virtual influencers

Have you ever heard of Miquela Sousa, Sophia the Robot or Shuda? These names refer to a new category...

Read More >

The Fifth Circuit Agrees With Its Sister Circuits That Class Arbitrability Is a Gateway Issue for Courts, Not Arbitrators

In a predictable decision, the Fifth Circuit has held that the availability of class arbitration is ...

Read More >

PE Fund, Foreign Investor, No Blocker, & Partnership Rollover – Hiccup?

Most transactions have their share of hiccups. Some cases are more serious than others. Generally s...

Read More >

South Carolina Department of Employment and Workforce Announces Major Tax Cut for South Carolina Employers

The South Carolina Department of Employment and Workforce (SCDEW) administers the South Carolina une...

Read More >

Building a Respectful and Inclusive Workplace

On October 30, 2019, Verrill and MassPay held an in-person seminar program on how to build a respect...

Read More >