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

EBITDA, Adjusted EBITDA, and EBITDAC in the Age of COVID-19

The definition earnings before interest, taxes, depreciation and amortization (“EBITDA”) and adjus...

Read More >

Proposed HSR Rule Changes to Increase Investment Fund Reporting, Exempt Minority Acquisitions by Activist Investors

On Monday, September 21, 2020, the Federal Trade Commission, with the support of the Department of J...

Read More >

Blog: Cooley’s 2020 Tech M&A Year in Review

A Tale of Two Years - While we continue to absorb and understand the worldwide pandemic shockwaves...

Read More >

California Invalidates Wage Arbitration Agreement, Inviting U.S. Supreme Court Review

Seyfarth Synopsis: The California Supreme Court invalidated an employment arbitration agreement on A...

Read More >

Privacy During Bankruptcy Proceedings: Why It Matters

During these particularly trying times resulting from the COVID-19 pandemic, businesses of all sizes...

Read More >

Supreme Court Decision on ERISA Statute of Limitations May Help Defendants Defeat Class Certification

Believe it or not, the Supreme Court of the United States just decided whether “to have ‘actual kn...

Read More >