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
Hot on the heels of the publication of draft merger guidelines on procedure, the UK Competition and ...
Read More >
McDonald’s Corporation (McDonald’s) sued its former Chief Executive Officer, Steve Easterbrook, in...
Read More >
In this edition of Orrick’s series of life sciences publications, the traditional update on broader...
Read More >
Continuing New Jersey’s efforts to eliminate and to hold employers accountable for employee misclas...
Read More >
With the coronavirus sweeping through major manufacturing hubs in China, the government has mandated...
Read More >
On November 8, 2019, just before Veterans Day, OFCCP issued Directive (2020-01) (the “Directive”),...
Read More >