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
If an employment contract is illegal for some reason both the employer and employee may be prevented...
Read More >
In late February as the COVID-19 pandemic was accelerating, the Delaware Chancery Court issued an im...
Read More >
Recently, we lauded the Department of Labor’s return to the control test of joint employment. Perha...
Read More >
On May 21, 2020, the Securities and Exchange Commission ("SEC") adopted amendments to its financial ...
Read More >
Please join us on August 4, 2020 from 11:30 a.m. to 12:30 p.m. PT for “Key CEQA Compliance Consider...
Read More >
Technology continued to be among the most active subsectors for US M&A in 2019, with 1,138 deals ann...
Read More >