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
The first thing employees need to know is that not all harassment and discrimination is unlawful. Ar...
Read More >
In this brief video, attorneys Ron Wayne and Sarah Blank discuss the SECURE Act and the key provisio...
Read More >
In an effort to reduce identity theft, the IRS has issued final regulations that permit employers to...
Read More >
Industry Expert Insights - We reached out to one of our Lex Mundi partners and a well-known exper...
Read More >
In response to the #MeToo movement, a number of states have adopted legislation addressing sexual ha...
Read More >
As the UK gradually navigates its way out of lockdown, here is an updated snapshot summarising in on...
Read More >