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
Foreign investment continues to garner a great deal of attention. This trend is expected to continue...
Read More >
On October 27, 2020 the U.K. Takeover Panel (the “Panel”) published a consultation (the “Consulta...
Read More >
Have you ever had any foreign nationals “visit” your company from one of your entities outside the...
Read More >
New York State lawmakers have approved broad legislation that will lower the burden on plaintiffs se...
Read More >
The State of Alabama passed an Equal Pay Act in the 2019 legislative session that is set to take eff...
Read More >
Following a recent Delaware case, buyers in M&A deals should ensure that their purchase agreements a...
Read More >