December 06, 2023 | Delaware Business Court Insider
What Does My Signature Page Attach To? An Important Lesson in ContractingIn Braga, an investor sought to rescind an agreement and recoup its investment based on a fraudulent inducement theory after the investor's relationship with the deal sponsor turned sour. The Delaware Court of Chancery refused to undo the transaction and the investor was left with several expensive lessons in deal making.
By Matthew J. Rifino and Philip D. Amoa
6 minute read
November 02, 2022 | Delaware Business Court Insider
Shareholders May Challenge Fair Value for Fractional Interests Under Limited CircumstancesIn Samuels v. CCUR Holdings, C.A. No. 2021-0358-PAF (Del. Ch. May 31, 2022), the Delaware Court of Chancery found that a shareholder may challenge the fair value of a payment for a fractional interest in a company under Section 155(2) of the Delaware General Corporation Law (DGCL).
By Matthew J. Rifino
4 minute read
May 06, 2021 | The Legal Intelligencer
Vendors Face Strict Liability for Deceptive Conduct Under Pa. Consumer Protection LawThe imposition of strict liability requires vendors to exercise the utmost care in their dealings with Pennsylvania consumers, particularly since a successful plaintiff can recover attorney fees and treble damages under the PUTPCPL.
By Matthew J. Rifino
4 minute read
March 03, 2021 | Delaware Business Court Insider
Chancery Rejects Proposition That Accounting Principles Must Be Consistently Applied During True-Up ProcessThe Delaware Court of Chancery rejected a purchaser's efforts to prevent a seller from adopting a method of calculating the post-closing purchase price adjustment that was inconsistent with the seller's pre-closing accounting practices.
By Matthew J. Rifino
6 minute read