Introduction This case demonstrates how hard it is for a party to an M&A agreement to get out of the forum selection clause. The deal The buyer was a Georgia based Delaware company providing nationwide accounts receivable and revenue cycle…
Blog Archives
Business Seller Can’t Break Delaware Forum Selection Clause
Posted in forum selection clause Tagged with: connections to forum, enforcing forum selection clause, public policy interest of forum state
Maryland court enforces boilerplate forum selection clause in confidentiality and noncompetition agreement against spouse and related companies of signatory
Buyer is a group of related Maryland companies founded in 1976 and has its world headquarters in Taneytown, Maryland (an hour NW drive from Baltimore). Buyer provides service and makes products in the commercial HVAC, industrial process, power, and industrial…
Importance of boilerplate provisions in business purchase agreement – forum selection clause
Today I want to talk about how a boilerplate provision in an asset purchase agreement can be important when a post-closing dispute breaks out between the buyer and the seller. This example is drawn from a recent case involving the…
Posted in boilerplate provisions, forum selection clause
Recent Comments