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Court declined to find a breach of merger agreement where seller agreed to impose no specific contractual duties upon the buyer to achieve the milestone for a contingent payment, as the buyer had discretion to exercise business judgment provided its primary purpose was not to defeat the milestone payment.
Demand was not excused where plaintiff failed to plead specific facts demonstrating that directors acted disloyally to confer a non-ratable benefit to the corporate parent at the parent's direction.
Supreme Court's Permanent Injunction Against NYPD Defective as Premature, Overbroad
Appeals & Motions List released on:June 4, 2024
Appeals & Motions List released on:April 25, 2024
Appeals List & Motions List released on:April 23, 2024
Appeals List & Motions List released on:March 14, 2024
Mexican Banks Had Contacts With NY Based on Sales by 'Pass-Through' Broker-Dealers
Release Agreement Superseded Stock Purchase Agreement's Arbitration Clause
Misrepresentations Did Not Impact Stock Price; Shareholder Class Decertified
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