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Delaware Declares That Deliberate Fraud Is Indeed Something Completely Different than Reckless Fraud | Weil, Gotshal & Manges LLP

To embed, copy and paste the code into your website or blog: By now we should all be well-schooled in the various types and sources of fraud claims, as well as the dangers of undefined fraud carve-outs to the sell-side in an M&A transaction governed by Delaware law. But a recent decision by the Delaware Supreme Court, Express Scripts, Inc. v. Bracket Holdings Corp., 2021 WL 752744 (Del. Feb. 23, 2021), provides an opportunity to reaffirm that prior schooling and ensure, for the sell-side, that fraud carve-outs only encompass deliberate lying by the seller itself respecting the negotiated contractual representations set forth in the written acquisition agreement.

The Weekly Round-Up #587 With ENIAC #1, Infinite Frontier #0, Dead Dog s Bite #1, Hellions #10, Undone By Blood Or The Other Side Of Eden #1 & More Plus The Week In Music!

The Weekly Round-Up #587 With ENIAC #1, Infinite Frontier #0, Dead Dog s Bite #1, Hellions #10, Undone By Blood Or The Other Side Of Eden #1 & More Plus The Week In Music!
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