X
29Jul

Chancery Upholds Adequacy of Description of Buyer’s Indemnification Claims but Finds Indemnification Request for Pending Litigation Unripe Because Buyer Failed to Allege it Had “Incurred” Losses

Horton v. Organogenesis Inc.,C.A. No. 2018-0537-KSJM (Del. Ch. July 22, 2019). Sellers in merger agreements generally agree to indemnify buyers for certain “Losses” but require the buyers to provide timely notice of claims. Whether an...
By: Morris James LLP
Source Url: https://www.jdsupra.com/legalnews/chancery-upholds-adequacy-of-16107/

Related

Antitrust Agencies Release Draft Vertical Merger Guidelines: A Healthcare Perspective

The Department of Justice (“DOJ”) Antitrust Division and the Federal Trade Commission (“FTC”) re...

Read More >

[Event] Crushing Employment Laws: How California’s New Legislation Affects Your Wine Business - February 19th, Santa Rosa, CA

California employers are in for a busy new year of evaluating their workplace rules and practices du...

Read More >

Supreme Court Seeks Solicitor General’s Input on Scope of ERISA Preemption of State Rate Regulation of Pharmacy Benefit Managers (PBMs)

Seyfarth synopsis: Arkansas has sought certiorari on the question of the ability of states under the...

Read More >

Brexit is Here! What Employers Need to Know About the UK’s Departure From the EU

On January 31, 2020, the United Kingdom formally left the European Union after 47 years of membershi...

Read More >

New Law Lets Employees Sue For Late Payment Of Wages

If you thought employers were overburdened with wage penalties in California, you were wrong. Well,...

Read More >

Southern District of New York: New York’s Prohibition on Mandatory Arbitration of Sexual Harassment Claims Preempted by Federal Law

On July 11, 2018, New York State enacted a sweeping new law aimed at combatting sexual harassment in...

Read More >