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

Washington Employers Must Provide Break Time and Space for Employees to Express Breast Milk

As of July 28, 2019, Washington employers with 15 or more employees are required to provide reasonab...

Read More >

Executive Compensation Planning for an Economic Downturn

While the economy continues to enjoy steady growth, financial experts warn that an economic slowdown...

Read More >

Financial Daily Dose 5.27.2020 | Top Story: AT&T Officially Enters Streaming Wars With Its Pricey HBO Max Offering

With HBO Max entering the fray today, we’ve got your latest dispatch from the streaming wars, inclu...

Read More >

Federal Judge Dismisses ERISA Fiduciary Breach Claim against University for Lack of Standing

A federal district court judge in Washington D.C. dismissed an ERISA fiduciary breach suit brought b...

Read More >

The Word On What 401(k) Plan Sponsors May Need

The greatest thing about the Internet is the distribution of information that people used to have to...

Read More >

[Webinar] Healthcare M&A in the Age of COVID-19—and Beyond - December 15th, 3:30 pm - 4:30 pm ET

Discover the Trends in Healthcare Transactions, the Drivers Behind the Changes and What Lies Ahead a...

Read More >