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
In May 2020, the Securities and Exchange Commission (the “SEC”) adopted amendments to rules regard...
Read More >
The State of Illinois has enacted new laws and amendments that create new requirements and obligatio...
Read More >
Where a business fails to allege that it was denied the opportunity to investigate certain represent...
Read More >
Seyfarth Synopsis: A newly enacted New York State law will hold the top ten members of out-of-state ...
Read More >
As the UK departs the European Union, the CMA – the UK competition regulator – is facing a transfo...
Read More >
With a slight delay, the German Federal Ministry of Economics and Energy (BMWi) published its announ...
Read More >