09Sep
Chancery Denies Sellers’ Request for Dismissal, Finding That Fraud Claims Were Timely Filed and Properly Pled
Agspring Holdco, LLC v. NGP X US Holdings, L.P., C.A. No. 2019-0567-AGB (Del. Ch. July 30, 2020) - This opinion concerns a buyer’s attempt to plead fraud in connection the acquisition of a business. The Court denied in the main the defendants’ motion to dismiss the fraud claims brought in connection with private equity firm American Infrastructure Partners’ (the “Buyer”) $300 million acquisition of Agspring LLC (the “Company”), which was then almost entirely owned by NGP X US Holdings, LLP...
By:
Morris James LLP
Related
Policing hospital mergers has become a top enforcement priority among federal antitrust enforcers. I...
Read More >
On April 29, 2020, seven Bay Area public health officers began to issue substantially-similar update...
Read More >
The non-ERISA §403(b) space is the last bastion of high, hidden costs in retirement plans. That’s t...
Read More >
If you do not follow the Oregon legislature closely, you may have missed a new law, which went into ...
Read More >
NLRB News. Here are a couple recent developments at the National Labor Relations Board (NLRB) that a...
Read More >
- Most defined benefit (DB) pension schemes in the UK are affected by the High Court decision in Oct...
Read More >