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

Another abuse scandal may change ‘The Talk’ with college-bound students

It’s that time of year when parents send their kids off to schools and opportunities near or far aw...

Read More >

Foreign direct investment reviews 2019: A global perspective: Italy

Deals are generally not blocked by the Italian government. However, in connection with the clearance...

Read More >

Maryland and D.C. Employer – New Year Employment Law Review

1. Non-Competition Agreements Prohibited for Low Wage Earners in Maryland - Maryland law prohibits ...

Read More >

New Jersey May Not Go Down Same Road As California With Gig Worker Proposal

Things were starting to get dicey in the Garden State as the legislature debated a California-like p...

Read More >

Oregon Passes Nation’s Most Generous Paid Family Leave Law

While many Oregonians were enjoying a leisurely holiday break last week, Oregon lawmakers were busy ...

Read More >

New NLRB Rule Would Stop Graduate Student Unions in Their Tracks

Last week, the National Labor Relations Board (NLRB) released a proposed rule that would remove grad...

Read More >