08Oct
Chancery Finds Prospective Purchaser May Pursue Breach Claims Against Target Despite Termination Fee Payment
Genuine Parts Company v. Essendant Inc., C.A. No. 2018-0730-JRS (Del. Ch. Sept. 9, 2019). Termination fee provisions are commonplace buy-side protection in M&A transactions intended to recoup a failed prospective purchaser’s otherwise sunk costs....
By:
Morris James LLP
Related
Moving Company Unfairly Denied Employment Opportunities to Pregnant Woman, Federal Agency Charges - ...
Read More >
Petitioner, Claude Simon (“Petitioner”), owns approximately 2.25 acres of property in the Village ...
Read More >
On September 30, 2019, Chancellor Andre G. Bouchard of the Delaware Court of Chancery denied defenda...
Read More >
Last month the Federal Trade Commission (FTC) and the U.S. Food and Drug Administration (FDA) sent j...
Read More >
For anyone tracking the future of energy, 2020 is expected to bring a major milestone: Renewables ar...
Read More >
In the latest installment of our bid protest spotlight (featured on Law360), we analyze three Govern...
Read More >