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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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