L-R: Kathleen M. Sullivan, William B. Adams, Rollo C. Baker IV of Quinn Emanuel Urquhart & Sullivan. Courtesy photos Litigators of the Week: Quinn Appellate Team Gets Busted-Deal Trial Win to Stand Up in Precedential Delaware Opinion
Kathleen Sullivan, Rollo Baker and William Adams persuaded the Delaware Supreme Court to uphold a trial court decision allowing client Mirae Asset to walk away from a $5.8 billion deal to buy luxury hotels based on the seller's breach of an "ordinary course" covenant.
December 10, 2021 at 07:30 AM
9 minute read
The litigators over at Quinn Emanuel Urquhart & Sullivan have put together an extraordinary trial run in busted deal litigation in the Delaware Court of Chancery during the pandemic. They've allowed a client to walk away from a proposed deal in one instance and forced a deal to go through for another.
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