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

Construction Contractors Ramping Up Diversity Efforts

In the aftermath of the killing of George Floyd and the resulting Black Lives Matters protests, many...

Read More >

Can We Amazon-Prime An Employee?! How The Gig Economy And Technology Are Changing How Hospitality Companies Hire And Manage Their Workforces

The surge in popularity of the gig economy in recent years has largely been a positive trend. The gi...

Read More >

Contractual duties of good faith in "relational contracts"

In a long running group litigation between a number of Sub-Post Masters and Post Office Limited, Mr ...

Read More >

NLRB Goes Pro-Employer (Again) in New Ruling

In yet another break from precedent, the NLRB held recently that employers can have policies barring...

Read More >

As the Holidays Approach, the Latest Wave of ADA Cases Challenge the Absence of Braille Gift Cards

While the seemingly endless wave of website accessibility cases filed by serial plaintiffs shows no ...

Read More >

NLRB Releases New Rule for Determining Joint Employer Status

On February 26, 2020, the National Labor Relations Board (“NLRB”) released its long-anticipated ru...

Read More >