Explore a recent M&A legal case where a buyer sued a seller’s owner for competing with the acquired business. Learn about trade secrets, competition, and the court’s ruling. July 21, 2019 M&A Stories Introduction: In a recent legal development, a…
Blog Archives
Court Ruling: Buyer’s Trade Secret Suit Likely to Fail
Posted in asset purchase agreement, trade secret misappropriation by former seller employee Tagged with: asset purchase agreement, buyer, CleanFISH LLC v. Sims, competition, Court ruling, covenant not to compete, M&A legal blog, seafood distribution business, seller, temporary restraining order, trade secrets
Bankruptcy Court Approves Sale of Business, Clears Pension Claim
Explore the recent M&A development where a pension plan’s attempt to block a company’s business sale in bankruptcy failed. Discover how section 363(f)(3) of the Bankruptcy Code played a pivotal role in allowing the sale to proceed without the burden…
Posted in asset purchase agreement, bankruptcy sale, distressed business acquisitions, federal multiemployer pension plan withdrawal liability, Section 363 sale, successor liability Tagged with: 363(f) sale, alter ego, bankruptcy, Bankruptcy Code, Chapter 11, Collective Agreement, contingent liability, Court ruling, E.D. Michigan, Environmental Services, Industrial Services, K & D Industrial Services Holding Co., legal battle, M&A, multiemployer pension plan withdrawal liability, Pension Claim, Pension Fund Liability, successor liability, transferee liability
Legal Battle Between Buyer and Landlord Unfolds Over Health Club Asset Ownership
Explore the case of a health club’s ownership dispute with its landlord. Get insights into asset rights and landlord-tenant conflicts in this M&A legal battle. M&A Stories February 18, 2019 In a recent case, a health club in Georgia faced…
Buyer’s Failure to Release Lease Guaranty Leads to Legal Dispute
Explore a real M&A case study from Round Rock, Texas, where a failure to release a lease guaranty led to a legal dispute. Learn valuable insights into the consequences and lessons learned. M&A Stories December 29, 2018 In an M&A…
Key Lessons from a Palo Alto M&A Dispute
Explore a significant M&A dispute involving a Palo Alto company and the key lessons learned from this case. Understand the importance of addressing debt subordination in M&A deals to avoid costly disputes. M&A Stories December 13, 2018 In December 2018,…
Posted in implied covenant of good faith and fair dealing, promissory note, subordination Tagged with: Bank Financing, business law, buyer-seller dispute, Court ruling, Debt Subordination, implied covenant of good faith and fair dealing, Key Lessons, Legal case reference, legal insights, M&A dispute, Mergers and Acquisitions, Palo Alto M&A Dispute, Post-Closing Down Payment, purchase price adjustments, stock purchase agreement
Delaware Court Rules in Favor of Buyer in Environmental Misrepresentation Case
Explore the Delaware Superior Court’s ruling favoring a global specialty chemical company in an M&A case involving environmental misrepresentation. Dive into the details of the $3.2 billion stock purchase agreement, the seller’s alleged fraud, and the court’s emphasis on accurate…
Posted in extra-contractual fraud, fraud in business sale, fraudulent omission Tagged with: Ashland LLC v. Heyman, Court ruling, Delaware Superior Court, due diligence information, environmental misrepresentation, Fraud claim, global chemical company, legal battle, Linden property, M&A legal blog, M&A Transactions, New Jersey-based chemicals maker, off-site contamination, remedial work, seller's statements, specialty chemical company, stock purchase agreement
Buyer’s Liability in Trucking Business Acquisition: A WARN Act Case Study
Explore the implications of the WARN Act in the M&A context through a case study on the buyer’s accountability for unpaid compensation to former employees in the acquisition of a trucking business. Gain insights into the legal proceedings, court rulings,…
Posted in layoff notice law or Warn Act, post asset purchase issues Tagged with: Acquisitions, asset purchase agreement, Business as a Going Concern, Buyer's Purchase, Court of Appeals decision, Court ruling, Day v. Celadon Trucking Services Inc., due diligence, Employee Transition, legal proceedings, Liability in M&A, M&A, Trucking Business Acquisition, WARN Act
Key Takeaways from Recent M&A Case: Buyer’s Indemnification Rights Clarified
Explore the legal intricacies of a recent M&A case where a restraint system manufacturer acquired a seat belt producer, leading to a dispute over indemnification for pre-closing product liability claims. Understand the court’s ruling and the implications for buyers and…