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
On January 21, 2020, the Internal Revenue Service (IRS) released guidance for tax-exempt organizatio...
Read More >
COVID-19 has undoubtedly upended the world, including the way we do business and the future of our e...
Read More >
The National Labor Relations Act (NLRA) grants employees “the right to self-organization, to form, ...
Read More >
In what has become an all-too-familiar headline, an individual who had recently been terminated from...
Read More >
Seyfarth Synopsis: Reversing course and overruling previous precedent, the Court of Appeals for the ...
Read More >
New Mexico has been making waves with several noteworthy labor and employment developments. This Lig...
Read More >