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In a letter ruling, the Delaware Chancery Court held that where neither the target nor the acquiror was a Delaware entity, the transaction documents between the parties could not confer.

State of delawareUnited statesSholder litigD jackson milhollanLarry ellisonMark taralloRichard stollmeyerArmand santanielloCompanies incRe oracle corporation derivative litigationFireeye incHollinger incCourt analysis suggests qualitativeMandiant incB sf coChancery court rejects forum selection clause