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
Source Url: https://www.jdsupra.com/legalnews/buyer-s-claim-of-fraud-and-fraudulent-27815/
Related
Beginning January 1, 2020, agreements to settle employment disputes may no longer contain “no rehir...
Read More >
BakerHostetler will present data regarding Texas’ robust M&A market each quarter, with useful compa...
Read More >
On March 13, 2020, the Federal Trade Commission’s Premerger Notification Office (PNO) announced new...
Read More >
Are you a private-sector employer with 100 or more employees who is supposed to be filing EEO-1’s, ...
Read More >
David F. Johnson, lead writer for the Texas Fiduciary Litigator blog, presented “Detecting Elder Ab...
Read More >
Most associates don’t leave their firms because they absolutely hate it and want to burn it all dow...
Read More >