26Oct
The Delaware Court Of Chancery Finds That Fraud May Serve As An Alternate Source Of Recovery For Aggrieved Purchasers
Swift Acquisition Corp. v. Krauss, et al., Case No. 2019-0509-PAF (Del. Ch. Aug. 25, 2020)—The Delaware Court of Chancery may permit a purchaser to pursue claims for breach of contract and fraud against a seller and its directors arising out of the purchaser’s acquisition of the seller. The court reached this conclusion in Swift Acquisition Corp. based on the purchaser’s allegations that the seller made misrepresentations in the asset purchase agreement concerning its customer base, and the...
By:
McCarter & English, LLP
Related
Development of solar projects in California has been spurred by California’s renewable portfolio st...
Read More >
Since 2016, the Defend Trade Secrets Act (DTSA) has provided employers with a federal cause of actio...
Read More >
Under new EEO-1 reporting requirements, private employers with 100 or more employees are required to...
Read More >
On August 9, 2019, the Department of Labor (“DOL”) issued USERRA Fact Sheet 1, providing guidance ...
Read More >
Antitrust- Energy Company Agrees to Divest Gas Stations to Avoid FTC’s Antitrust Concerns- The Fe...
Read More >
The California Division of Occupational Safety and Health (Cal/OSHA) has released Interim Guidance f...
Read More >