Monthly Archives: March 2022

BUSINESS BUYER’S CLAIMS-MADE POLLUTION LIABILITY POLICY DID NOT COVER HEALTH CLAIMS MADE BY NEARBY RESIDENTS OF THE BUSINESS FACILITY

A medical device company acquired a facility that had used ethylene oxide gas to sterilize medical devices and instruments. The buyer purchased a pollution liability policy for claims made after the acquisition of the facility. The court held no coverage

Posted in environmental problems Tagged with: ,

COURT HOLDS THAT SELLER OF FOOD PREPARATION BUSINESS BREACHED PURCHASE AGREEMENT BY FAILING TO DELIVER WRITTEN RECIPES TO BUYER

The court concluded that seller’s owner’s discussion of recipe and menu items with the buyer’s chef did not fulfill the seller’s obligation to “transfer and deliver” all of its “recipes for meals and snacks” to the buyer. M&A Stories March

Posted in Problems with Description of Assets Tagged with: ,

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