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
Why This Matters - Last week, the California Supreme Court dealt tech giant Apple Inc. a blow when ...
Read More >
In its 55th opinion this year, the Utah Supreme Court clarified that worker’s compensation applies ...
Read More >
Based on the policy's use of the term "any insured" instead of "the insured" in a cross liability ex...
Read More >
For the last decade plus, merger has been a strategic choice for many law firms. The 2020 pandemic h...
Read More >
I was born in 1972 and aside from fashion, music, and interior decorating, I’m a fan of the 1970s, ...
Read More >
On December 18, 2019, the National Labor Relations Board’s (Board or NLRB) published a final rule—...
Read More >