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

“What Goes Around, Comes Around” – A Potential Defense to Hostile Work Environment Claims Under the NJ LAD

On November 7, 2019, the U.S. District Court for the District of New Jersey in Paige v. Atrion Commu...

Read More >

Workplace Safety and Health Guidelines for Coronavirus Prevention

Many companies are taking precautions in light of the Corona Virus Disease 2019 (the Coronavirus or ...

Read More >

Day Rates, Independent Contractor Status, FLSA And An Unlicensed Lawyer: Lessons Learned From A Nightmare

Have you ever considered the possibility that you might be the next person your contract attorney su...

Read More >

[Webinar] 2019 Employment Legislation Summary: What Employers Need to Know - July 10th, 12:00pm ET

In its 2019 session, the Connecticut General Assembly passed a number of new laws affecting employer...

Read More >

Preparing the Pitch – Central Bank of Ireland Publishes Consultation and Q&A Updates for ILPs and Closed-Ended QIAIFs

The Central Bank of Ireland (the “Central Bank”) has published two documents which are significant...

Read More >

IRS Announces Cost of Living Adjustment (COLA) Limits for 2020 Applicable to Retirement Plans

The Internal Revenue Service and the Social Security Administration have announced the cost of livin...

Read More >