21Aug
Chancery Orders Trial to Determine Meaning of Ambiguous Post-Closing Covenants in a Stock Purchase Agreement
Schneider Nat’l Carriers, Inc. v. Kuntz, C.A. No. 2017-0711-PAF (Del. Ch. July 16, 2020) - If parties to a contract offer reasonable but conflicting interpretations of ambiguous contractual language, the Court of Chancery may deny summary judgment and order trial for purposes of weighing conflicting extrinsic evidence and witness testimony to interpret the meaning of the contractual language....
By:
Morris James LLP
Related
Private equity sponsors recently won a significant court victory that may result in increased appeti...
Read More >
The National Labor Relations Board recently issued its Final Rule (Rule) on the standard for determi...
Read More >
Kayne Anderson (KA) Real Estate has acquired a healthcare portfolio from Welltower, according to a n...
Read More >
Like most states, Florida follows the rule that an insurer’s duty to defend is separate from and br...
Read More >
On June 14, the Iowa Legislature passed HF2641 which consists of multiple amendments to Iowa tax law...
Read More >
Burnt into the psyche of all who have participated in the H-1 cap process was the April 1 deadline t...
Read More >