X
03Aug

Aiding and Abetting Claim Sustained Against M&A Advisor JPMorgan

Gray Reed | | Return|
On June 1, the Delaware Chancery Court (the “Court”) in Morrison v. Berry  allowed an aiding and abetting breach of fiduciary claim to proceed against financial advisor J.P. Morgan Securities, LLC (“JPMorgan”) for its role in the 2016 merger/takeover of grocery store chain The Fresh Market, Inc. (“Fresh Market”) by a group of Apollo entities (“Apollo”), while dismissing aiding and abetting claims against Fresh Market’s law firm and Apollo....
By: Gray Reed
Source Url: https://www.jdsupra.com/legalnews/aiding-and-abetting-claim-sustained-10539/

Related

Much of New York Construction is Now Also “on PAUSE”

Although Governor Cuomo put “New York State on PAUSE” a week ago, at that time, “construction” w...

Read More >

Court Uses 8-Factor Test To Hand Gig Businesses Victory In Next Round In New Prime Arbitration Battle

A Massachusetts federal court just ruled that gig workers cannot escape arbitration provisions by cl...

Read More >

Emerging Trend: ADA Does Not Cover Potential Future Disabilities

Heeding the adage “no one knows what the future may hold,” the Seventh, Eighth and Eleventh Circui...

Read More >

H-1B Lottery Changes Officially Coming in 2020

As 2019 draws to a close and millions of people contemplate their resolutions for the new year, USCI...

Read More >

[Audio] Daily Compliance News: November 5, 2019, the $2bn Is Not Enough edition

In today’s edition of Daily Compliance News: • Malaysia rejects $2bn settlement offer from Goldman...

Read More >

Currents - Energy Industry Insights - May 2020 #4

Industry Expert Insights - We reached out to one of our Lex Mundi partners and a well-known expert...

Read More >