X
23Nov

Superior Court Dismisses Successor-by-Merger’s Claims Where Underlying Contract Contained Anti-Assignment Clause

MTA Royalty Corp. v. Compania Minera Pangea, S.A. DE C.V., C.A. No. N19C-11-228 AML CCLD (Del. Super. Sept. 16, 2020) - Plaintiff’s predecessor-in-interest conveyed mineral rights to Defendant. Under the agreement, Defendant owed a conditional additional $1 million at a future date. Before the payments became due, the predecessor was merged out of existence....
By: Morris James LLP
Source Url: https://www.jdsupra.com/legalnews/superior-court-dismisses-successor-by-83279/

Related

Financial Daily Dose 10.11.2019 | Top Story: France’s Renault Cans CEO Over Ties to ex-Nissan Chief Carlos Ghosn

Because the Nissan leadership scandal is about as well-contained as Chernobyl in the early days [tha...

Read More >

Web Exclusive - Incorporating Pay Equity Reviews in Your Year-End Compensation Practices

The federal Equal Pay Act (EPA) requires that men and women in the same workplace be compensated wit...

Read More >

2020 Employment Law Legislative Update: Podcast And Blog

Only the most notable legislation is addressed in this blog as it would otherwise be entirely too lo...

Read More >

Construction Industry Economics Respecting COVID-19 Mixed But Positively Trending

The Architecture Billings Index (ABI) is a composite index derived from monthly report surveys from ...

Read More >

Coronavirus: An Employer’s Action Guide

Daily headlines about the growing coronavirus threat have many employers concerned that they are not...

Read More >