X
05Jun

Chancery Court Finds Merger Agreement’s “No Use” Provision Preserves Seller’s Privilege

In Shareholder Representative Services LLC v. RSI Holdco, LLC, C.A. No. 2018-0517-KSJM (Del. Ch. May 29, 2019), the Delaware Court of Chancery held that a merger agreement provision assigning pre-merger privilege held by sellers to Shareholder...
By: Seyfarth Shaw LLP
Source Url: https://www.jdsupra.com/legalnews/chancery-court-finds-merger-agreement-s-46465/

Related

Evaluating Transfers and Terminations in Increasingly Consolidated Reseller Networks

Over the past few years, many manufacturing industries have faced a new trend: reseller (i.e., distr...

Read More >

As Shareholder Activism Grows in Japan, New Amendment Places Limits on Foreign Investors

Investors in Japanese-listed companies have traditionally taken a passive approach to their investme...

Read More >

California Employers: Required Security Screening May Be Compensable Work Time

Employees must be paid for time spent waiting for, and undergoing, searches of their bags, packages ...

Read More >

New York Considering Gig Worker Protection Law

New York lawmakers just introduced the “Dependent Worker Act” into the Assembly and Senate this pa...

Read More >

NLRB Extends Time For Comments On Election Proposal

The new deadlines are January 9 and January 23. In August, the National Labor Relations Board issue...

Read More >

El Tio Tex-Mex Grill to Pay $40,000 to Settle EEOC Harassment Lawsuit

Virginia Eatery Routinely Subjected Gay Male Server and His Straight Friend to Homophobic Taunts and...

Read More >