It’s a rare thing for the Delaware Court of Chancery to allow buyers to bow out of merger agreements between signing and closing.

It’s rarer still for the nation’s preeminent venue for merger litigation to grant a buyer’s motion to dismiss a deal driven lawsuit by adopting the buyer’s oral argument presentation as its own opinion. But that’s essentially what Vice Chancellor Morgan Zurn did last Friday, July 17, handing a major win to Kirkland & Ellis partners Andrew Kassof and Timothy Knapp and their client, global moving company SIRVA Worldwide Inc.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]