X
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

Gray Reed | | Return|
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
Source Url: https://www.jdsupra.com/legalnews/buyer-s-claim-of-fraud-and-fraudulent-27815/

Related

Premium Processing Fee to Increase on December 2, 2019

U.S. Citizenship and Immigration Services (USCIS) has announced that on December 2, 2019, its premiu...

Read More >

SPECIAL FUND ALERT: Proposed HSR Rule Amendment: Foreign Today but Not Tomorrow?

On November 8, 2019, the Federal Trade Commission (“FTC”) and the Antitrust Division of the U.S. D...

Read More >

CCPA Guide: Does Personal Information Include Employee and Employee Benefit Plan Data?

Beginning on January 1, 2020, the California Consumer Privacy Act of 2018 (CCPA) will impose new pri...

Read More >

Immigration Alert: USCIS Says Continue to Use Current Form I-9 Past Expiration

USCIS released a message that employers for now should continue to use the current Form I-9 for empl...

Read More >

Lights. Camera. Not an Action? Amendment to Section 558.004, Florida Statutes

On July 1, 2019, Chapter 558, Florida Statutes, will be amended to add section 558.004(1)(d), which ...

Read More >

Mexico Issues the Organic Law of the Federal Center for Conciliation and Labor Registry, Creating New Labor Agency

On January 6, 2020, the Mexican Congress issued the Organic Law of the Federal Center for Conciliati...

Read More >