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Have Your Cake and Eat It Too!!!

Have Your Cake and Eat It Too!!!
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Have Your Cake, And Closing Too: Invoking Prevention Doctrine, Delaware Chancery Court Grants Seller s Request For Specific Performance In COVID-Related M&A Dispute - Corporate/Commercial Law

Chancellor McCormick s opinion in Chalking up a victory for deal certainty, this post-trial decision resolves all issues in favor of seller and orders the buyers to close on the purchase agreement. In reaching this order, the court applied the prevention doctrine, finding that the unavailability of buyer s debt financing did not permit buyer to circumvent its obligation to close because buyer materially contributed to the debt financing being unavailable. The application of the prevention doctrine in this context is noteworthy and raises some interesting (albeit unanswered) questions as it relates to the remedy regime that has become commonplace in deals with private equity buyers.

Here s Why August Is Becoming Such A Popular Baby Name

Rachel Luna/FilmMagic/Getty Images In giving their new son the first name of August, Mandy Moore (pictured here in 2019) and her musician husband Taylor Goldsmith are part of a trend. It seems the baby name August is getting a boost of star power. On Saturday, Princess Eugenie and her husband, Jack Brooksbank, announced that they’ve named their newborn son August Philip Hawke Brooksbank. On Tuesday, singer and actor Mandy Moore and her musician husband Taylor Goldsmith revealed that they chose the same first name for their baby boy, August Harrison Goldsmith. Their name choices reflect the rise in popularity August has seen during this century. The Social Security Administration’s baby names list reveals that August has jumped from No. 673 in 2004 to No. 167 in 2019 (the most recent year of available data).

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