X
09Jan

Delaware Confirms the High Threshold for Material Adverse Effect Claims and Interprets ‘Commercially Reasonable Efforts’

A year after Akorn v. Fresenius (Akorn case), the first Delaware case holding that a party was entitled to terminate a merger agreement based on a material adverse effect (MAE), the Delaware Court of Chancery, in Channel Medsystems, Inc. v. Boston...
By: Kramer Levin Naftalis & Frankel LLP
Source Url: https://www.jdsupra.com/legalnews/delaware-confirms-the-high-threshold-17576/

Related

A Renewed Attempt In Congress To Eliminate Non-Compete Agreements

A bipartisan bill aimed at generally banning non-compete agreements across the country has been intr...

Read More >

West Virginia Supreme Court’s Newton Decision Clarifies Self-Defense in the Workplace

In the recent decision Newton v. Morgantown Machine & Hydraulics, the Supreme Court of Appeals of We...

Read More >

Littler Global Guide - Canada - Q4 2019

Ontario: Bill 124, for a Sustainable Public Sector for Future Generations, Enacted - New Legislatio...

Read More >

Trade Secret Ruling Is a Head Scratcher

An Illinois appellate court decision that recently overturned an employer’s effort to protect again...

Read More >

Construction Business Owners Can Benefit From The Qualified Business Income Deduction

The Tax Cuts and Jobs Act of 2017 created a lucrative new tax incentive for certain business owners:...

Read More >

[Event] Tech – Exposed in a downturn? - November 11th, London, UK

Tech has been transformed in the last decade. Does value invested in the cloud, big data and algorit...

Read More >