05Aug
Buyer’s Claim of Fraud and Fraudulent Inducement in Connection with $106 Million Purchase of Target Allowed to Proceed Due to Failed Anti-Reliance Language and Despite Bootstrapping Rule
The Delaware Chancery Court in The Anschutz Corporation et. al. v. Brown Robin Capital, LLC ruled against dismissing several of Buyer’s claims in a dispute involving the $106 million acquisition of OnRamp Access, LLC (“Target”) by LightEdge Holdings, LLC (“Buyer”)....
By:
Gray Reed
Related
Asset managers across geographies and asset classes are increasingly incorporating environmental, so...
Read More >
In 2018, California passed a law that greatly expanded sexual harassment training requirements for e...
Read More >
Often, the parties in a business sale will designate a portion of the purchase price to be paid out ...
Read More >
Healthcare businesses represent essential transaction opportunities in the middle market. Despite th...
Read More >
Seyfarth Synopsis: On the heels of last week’s federal court order temporarily blocking enforcement...
Read More >
In an opinion filed January 30, and later ordered published on March 2, 2020, the Third District Cou...
Read More >