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
Seyfarth Synopsis: As the mercury rises, California employers must comply with regulatory requiremen...
Read More >
Welcome to the newest edition of Foley’s MarketTrends newsletter. In this issue, we focus on key le...
Read More >
The DE OFCCP Week in Review (WIR) is a simple, fast and direct summary of relevant happenings in the...
Read More >
A federal district court in Washington recently held that a claims handling mishap resulted in a wai...
Read More >
As previously reported, EEOC is expected to publish tomorrow a Notice of Information Collection rega...
Read More >
The Qualified Opportunity Zone rules under Section 1400Z of the Internal Revenue Code permit certain...
Read More >