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3 result(s) for squid

Chancery Provides "Teachable Moment" for M & A Lawyers: Find Problems of Bidder in Due Diligence or Put Specific Reps in APA; Otherwise No Fraud Claim

Airborne Health, Inc. v. Squid Soap, L.P., C.A. No. 4410-VCL (Del. Ch. July 20, 2010), read opinion here. Prior Delaware Court of Chancery decisions in this case were highlighted here. Overview This case involves a claim against the purchaser of a company and its major law firm for fraud in...

Court of Chancery Dismisses Challenge to Asset Purchase Agreement; Discusses Ramifications of Freedom of Contract in Purchase Agreement

Airborne Health, Inc. v. Squid Soap, LP, C.A. No. 4410-VCL (Del. Ch., November 23, 2009), read opinion here . A prior decision of the Court in this case was highlighted here. This synopsis was prepared by Kevin Brady and Ryan Newell of the Connolly Bove firm. In this Delaware Court...

Court of Chancery Grants Stay of Discovery Pending Dispositive Motion

Airborne Health Inc. v. Squid Soap, LP., No. 4410-VCL (Del. Ch., Oct. 28, 2009), read letter ruling here. In this two-page letter decision, the Court of Chancery cited to several cases to support its position that whether or not to stay discovery is a discretionary matter for the Court, and...