Delaware Supreme Court Shines Spotlight on Boilerplate Purchase Agreement Provisions
This December, the Delaware Supreme Court penned two decisions that shined the spotlight on purchase agreement provisions that are often…
Stay updated with breaking news from Representative Services. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
This December, the Delaware Supreme Court penned two decisions that shined the spotlight on purchase agreement provisions that are often…
Delaware Supreme Court in In Golden Rule Financial Corporation v. Shareholder Representative Services confirmed what it means to operate a business in the ordinary course between signing and closing during a pandemic.
Best Flight Tracker: Live Tracking Maps, Flight Status, and Airport Delays for airline flights, private/GA flights, and airports.
[co-author: Melissa Bales] Delaware Court of Chancery holds that specific accounting principles in a merger agreement will govern, even though it may result in a different approach to accounting standards for determining the target’s tangible net worth post-closing and setting the target tangible net worth at signing. TAKEAWAYS Specific provisions in a merger agreement regarding how to calculate the post-closing purchase price adjustments will be read in light of the entire contract, but, where specific and general provisions conflict, the specific provisions will govern. In Golden Rule, t...