Explore a legal battle over a $126.5 million reverse breakup fee resulting from a missed merger deadline. Delve into the complexities of M&A agreements and antitrust issues. M&A Stories March 28, 2019 Introduction: In the world of business acquisitions, sellers…
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Buyer Misses Merger Deadline, Faces $126 Million Breakup Fee Battle
Posted in extension of closing, implied covenant of good faith and fair dealing, merger, reverse termination or breakup fee, termination of M&A agreement, termination or breakup fee Tagged with: antitrust issues, Breakup Fee, Business acquisitions, contract disputes, Delaware Court of Chancery, extension of closing, implied covenant of good faith and fair dealing, M&A, Manfre v May, merger deadline, reverse termination fee
Court Deems Non-Compete in M&A Employment Agreement Unenforceable
Explore a recent M&A case where a court ruled a non-compete clause in an employment agreement unenforceable. Delve into key details, including the background, agreements, termination, legal dispute, court’s decision, severance dispute, and trade secret allegations. M&A Stories September 17,…
Posted in covenant not to compete, customer list, trade secret misappropriation Tagged with: asset purchase agreement, Business acquisition, business expansion, Buyer-Seller Relations, case reference, contract disputes, Court decision, Court ruling, Employment agreement, Employment law, Legal dispute, legal implications, M&A Case, M&A legal blog, Minnesota law, Non-compete Clause, non-competes in M&A, Riddle v. Geckobyte.com Inc., severance dispute, termination, trade secret allegations, trade secrets, unreasonable customer scope, unreasonable term
Dispute Arises Over Certificate of Deposit Ownership in Post-Closing M&A Scenario
Explore the intricacies of M&A contract disputes in this gripping blog post by John McCauley. Delve into a recent clash between buyer and seller over the ownership of a $150,000 certificate of deposit post-closing. Uncover the importance of meticulous contract…
Posted in cash and cash equivalents, Description of business assets purchased Tagged with: ambiguity in contracts, asset deal, asset purchase agreement, Bankruptcy court, business law, buyer-seller clash, cash and cash equivalents, certificate of deposit, contract disputes, contract drafting, contract interpretation, court intervention, E.D. Tennessee, excluded assets, In Re HC Liquidation Inc., Legal action, Legal intricacies, M&A, Mergers and Acquisitions, Post-closing disputes, purchased assets
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