X
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
Source Url: https://www.jdsupra.com/legalnews/chancery-orders-trial-to-determine-59035/

Related

New Jersey Prohibits Employers From Asking Prospective Employees About Their Salary Histories

To combat historical imbalances in pay of women and minorities, New Jersey recently passed a bill am...

Read More >

Fifth Circuit Confirms that a Day Rate Can Meet the Salary Requirements under the FLSA’s White Collar Overtime Exemptions

On August 21, 2019, the U.S. Court of Appeals for the Fifth Circuit issued an opinion in Faludi v. U...

Read More >

[Event] 2019 Life Sciences Dealmaking Symposium - October 15th - 16th, Cambridge, MA

Opportunities abound for dealmakers who can navigate the ever-changing global life sciences deal lan...

Read More >

There are no sure things, there are opportunities

Every time I’ve spoken to other plan providers about sure things they are working on, all I later s...

Read More >

Loss of Earning Capacity Versus Functional Impairment for Compensating Unscheduled (Body as a Whole) Work Injuries under the 2017 Amendments

A workers’ compensation arbitration decision was recently filed in what appears to be the first tim...

Read More >

Nearly 700 Workers Arrested in Record Setting ICE Raid In Mississippi

On August 7, 2019, U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigation...

Read More >