Latest Breaking News On - கையகப்படுத்தல் இன்க் - Page 1 : comparemela.com

On April 30, 2021, the Delaware Chancery Court (the “Court”) issued a decision in Snow Phipps Group, LLC v. KCake Acquisition, Inc., ordering an affiliate of private equity buyer Kohlberg & Co. (“Kohlberg”) to acquire cake decoration supplier, DecoPac Holdings Inc. (“DecoPac”), for $550 million. In the opinion, newly sworn-in Chancellor Kathaleen McCormick affirmed prior case law on several common contractual provisions that bear on deal certainty in the time of COVID-19 (including material adverse effect, or “MAE,” conditions; interim operating covenants; and the reasonable best efforts standard). Most notably, however, the Court said it had “chalked up a victory for deal certainty” by granting DecoPac s request to force Kohlberg to

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