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        <title>Global Private Equity Watch - Feed</title>
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                        <title>What Has Been Terminated When You Terminate Your Contract?</title>
                        <link>https://privateequity.weil.com/glenn-west-musings/what-has-been-terminated-when-you-terminate-your-contract/</link>
                        <pubDate>Wed, 13 Oct 2021 03:54:00 +0000</pubDate>
						                                        <dc:creator>
											Glenn D. West</dc:creator>
                                                                <guid isPermaLink="false">https://privateequity.weil.com/?p=8418</guid>
                        <description><![CDATA[Terminating a contract has consequences. But what those consequences are depends upon what the contract actually says or doesn’t say about...]]></description>
                        <content:encoded><![CDATA[<p>Terminating a contract has consequences. But what those consequences are depends upon what the contract actually says, or doesn’t say, about the effect of terminating that contract or a particular aspect of the parties’ relationship created pursuant to that contract. Several recent cases from different jurisdictions all indicate that the effect of terminating an agreement was not [&#8230;]</p>
<p>The post <a href="https://privateequity.weil.com/glenn-west-musings/what-has-been-terminated-when-you-terminate-your-contract/">What Has Been Terminated When You Terminate Your Contract?</a> appeared first on <a href="https://privateequity.weil.com">Global Private Equity Watch</a>.</p>
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                        <title>Too Much Dynamite—The Non-Recourse and Survival Clauses Are Both Subject to Delaware’s Built-In Fraud Carve-Out for Intentional Intra-Contractual Fraud</title>
                        <link>https://privateequity.weil.com/glenn-west-musings/too-much-dynamite-the-non-recourse-and-survival-clauses-are-both-subject-to-delawares-built-in-fraud-carve-out-for-intentional-intra-contractual-fraud/</link>
                        <pubDate>Tue, 24 Aug 2021 09:38:00 +0000</pubDate>
						                                        <dc:creator>
											Glenn D. West</dc:creator>
                                                                <guid isPermaLink="false">https://privateequity.weil.com/?p=8314</guid>
                        <description><![CDATA[OCL Investments, LLC, 2021 WL 3557857 (Del Ch. Aug. 12, 2021), Vice Chancellor Slights analogized the attempted use of certain contractual...]]></description>
                        <content:encoded><![CDATA[<p>In a recent Delaware Court of Chancery decision, Online Healthnow, Inc. v. CIP OCL Investments, LLC, 2021 WL 3557857 (Del Ch. Aug. 12, 2021), Vice Chancellor Slights analogized the attempted use of certain contractual limitation of remedies provisions to “dynamite,” and suggested that the sellers had, much like Butch had in the final train robbery [&#8230;]</p>
<p>The post <a href="https://privateequity.weil.com/glenn-west-musings/too-much-dynamite-the-non-recourse-and-survival-clauses-are-both-subject-to-delawares-built-in-fraud-carve-out-for-intentional-intra-contractual-fraud/">Too Much Dynamite—The Non-Recourse and Survival Clauses Are Both Subject to Delaware’s Built-In Fraud Carve-Out for Intentional Intra-Contractual Fraud</a> appeared first on <a href="https://privateequity.weil.com">Global Private Equity Watch</a>.</p>
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                        <title>Stuff You Might Need to Know: What Assignments Do Broad Anti-Assignment Clauses Not Prohibit?</title>
                        <link>https://privateequity.weil.com/glenn-west-musings/stuff-you-might-need-to-know-what-assignments-do-broad-anti-assignment-clauses-not-prohibit/</link>
                        <pubDate>Mon, 09 Aug 2021 15:52:39 +0000</pubDate>
						                                        <dc:creator>
											Glenn D. West</dc:creator>
                                                                <guid isPermaLink="false">https://privateequity.weil.com/?p=8277</guid>
                        <description><![CDATA[A recent federal court decision applying Delaware law, Partner Reinsurance Co. Ltd. v. RPM Mortgage, Inc., 2021 WL 2716307...]]></description>
                        <content:encoded><![CDATA[<p>A recent federal court decision applying Delaware law, Partner Reinsurance Co. Ltd. v. RPM Mortgage, Inc., 2021 WL 2716307 (S.D.N.Y. July 1, 2021), explores some rare contractual territory—i.e., the question whether, in the absence of consent, a valid assignment may be made by a party of its rights to pursue a claim for damages for [&#8230;]</p>
<p>The post <a href="https://privateequity.weil.com/glenn-west-musings/stuff-you-might-need-to-know-what-assignments-do-broad-anti-assignment-clauses-not-prohibit/">Stuff You Might Need to Know: What Assignments Do Broad Anti-Assignment Clauses Not Prohibit?</a> appeared first on <a href="https://privateequity.weil.com">Global Private Equity Watch</a>.</p>
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                        <title>Delaware Once More Rejects a Buyer’s Efforts to Invoke an MAE Clause</title>
                        <link>https://privateequity.weil.com/glenn-west-musings/delaware-once-more-rejects-a-buyers-efforts-to-invoke-an-mae-clause/</link>
                        <pubDate>Mon, 19 Jul 2021 17:38:34 +0000</pubDate>
						                                        <dc:creator>
											Glenn D. West</dc:creator>
                                                                <guid isPermaLink="false">https://privateequity.weil.com/?p=8229</guid>
                        <description><![CDATA[On July 9, 2021, the Delaware Court of Chancery issued its latest decision determining whether a buyer’s attempted invocation of a...]]></description>
                        <content:encoded><![CDATA[<p>On July 9, 2021, the Delaware Court of Chancery issued its latest decision determining whether a buyer’s attempted invocation of a Material Adverse Effect (MAE) clause was effective to excuse the buyer’s failure to close an acquisition of the target company pursuant to a signed merger agreement. While the court relied upon well-trodden paths in [&#8230;]</p>
<p>The post <a href="https://privateequity.weil.com/glenn-west-musings/delaware-once-more-rejects-a-buyers-efforts-to-invoke-an-mae-clause/">Delaware Once More Rejects a Buyer’s Efforts to Invoke an MAE Clause</a> appeared first on <a href="https://privateequity.weil.com">Global Private Equity Watch</a>.</p>
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                        <title>There Is More to a Choice-of-Law Clause Than Filling in the Name of the Selected State</title>
                        <link>https://privateequity.weil.com/glenn-west-musings/there-is-more-to-a-choice-of-law-clause-than-filling-in-the-name-of-the-selected-state/</link>
                        <pubDate>Wed, 30 Jun 2021 12:54:00 +0000</pubDate>
						                                        <dc:creator>
											Glenn D. West</dc:creator>
                                                                <guid isPermaLink="false">https://privateequity.weil.com/?p=8192</guid>
                        <description><![CDATA[Choice-of-law clauses are part of the much-maligned miscellany that are consigned to the back of a merger or acquisition agreement.]]></description>
                        <content:encoded><![CDATA[<p>Choice-of-law clauses are part of the much-maligned miscellany that are consigned to the back of a merger or acquisition agreement. As long as the clause purports to select the law of the state chosen by the parties, why worry about the details of the exact words used to select that chosen law? Indeed, with all [&#8230;]</p>
<p>The post <a href="https://privateequity.weil.com/glenn-west-musings/there-is-more-to-a-choice-of-law-clause-than-filling-in-the-name-of-the-selected-state/">There Is More to a Choice-of-Law Clause Than Filling in the Name of the Selected State</a> appeared first on <a href="https://privateequity.weil.com">Global Private Equity Watch</a>.</p>
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                        <title>Fraud Based Upon Oral Future Promises (Unlike Fraud Based Upon Oral Misrepresentations of Fact) Can Be Defeated by a Standard Integration Clause</title>
                        <link>https://privateequity.weil.com/glenn-west-musings/fraud-based-upon-oral-future-promises-unlike-fraud-based-upon-oral-misrepresentations-of-fact-can-be-defeated-by-a-standard-integration-clause/</link>
                        <pubDate>Mon, 21 Jun 2021 13:30:07 +0000</pubDate>
						                                        <dc:creator>
											Glenn D. West</dc:creator>
                                                                <guid isPermaLink="false">https://privateequity.weil.com/?p=8169</guid>
                        <description><![CDATA[Fraud claims premised upon oral statements made during the negotiation of an acquisition agreement can take a variety of forms...]]></description>
                        <content:encoded><![CDATA[<p>Fraud claims premised upon oral statements made during the negotiation of an acquisition agreement can take a variety of forms. Sometimes the extra-contractual statements that are the basis of a fraud claim are not alleged to have been traditional misrepresentations of fact by a party, but instead are alleged to constitute misrepresentations by a party [&#8230;]</p>
<p>The post <a href="https://privateequity.weil.com/glenn-west-musings/fraud-based-upon-oral-future-promises-unlike-fraud-based-upon-oral-misrepresentations-of-fact-can-be-defeated-by-a-standard-integration-clause/">Fraud Based Upon Oral Future Promises (Unlike Fraud Based Upon Oral Misrepresentations of Fact) Can Be Defeated by a Standard Integration Clause</a> appeared first on <a href="https://privateequity.weil.com">Global Private Equity Watch</a>.</p>
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                                        <item>
                        <title>The MAE Clause, Mrs. Palsgraf and Events “Arising From or Related To” MAE Exceptions</title>
                        <link>https://privateequity.weil.com/glenn-west-musings/the-mae-clause-mrs-palsgraf-and-events-arising-from-or-related-to-mae-exceptions/</link>
                        <pubDate>Tue, 11 May 2021 14:50:23 +0000</pubDate>
						                                        <dc:creator>
											Glenn D. West</dc:creator>
                                                                <guid isPermaLink="false">https://privateequity.weil.com/?p=7928</guid>
                        <description><![CDATA[The COVID-19 pandemic has resulted in renewed focus on Material Adverse Effect (“MAE”) clauses in public and private acquisition agreements.]]></description>
                        <content:encoded><![CDATA[<p>The COVID-19 pandemic has resulted in renewed focus on Material Adverse Effect (“MAE”) clauses in public and private acquisition agreements. That focus, by both the courts and academic scholarship, has raised questions about how these ubiquitous and seemingly standardized provisions actually work. In particular, recent scholarship has raised questions about whether the various MAE exceptions found [&#8230;]</p>
<p>The post <a href="https://privateequity.weil.com/glenn-west-musings/the-mae-clause-mrs-palsgraf-and-events-arising-from-or-related-to-mae-exceptions/">The MAE Clause, Mrs. Palsgraf and Events “Arising From or Related To” MAE Exceptions</a> appeared first on <a href="https://privateequity.weil.com">Global Private Equity Watch</a>.</p>
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                                        <item>
                        <title>Cash Left Behind by the Seller in the Target Belongs to the Target</title>
                        <link>https://privateequity.weil.com/glenn-west-musings/cash-left-behind-by-the-seller-in-the-target-belongs-to-the-target/</link>
                        <pubDate>Wed, 07 Apr 2021 15:39:56 +0000</pubDate>
						                                        <dc:creator>
											Glenn D. West</dc:creator>
                                                                <guid isPermaLink="false">http://privateequity.weil.com/?p=7822</guid>
                        <description><![CDATA[A recent Delaware Court of Chancery decision, Deluxe Entertainment Services Inc. v. DLX Acquisition Corporation, 2021 WL 1169905...]]></description>
                        <content:encoded><![CDATA[<p>A recent Delaware Court of Chancery decision, Deluxe Entertainment Services Inc. v. DLX Acquisition Corporation, 2021 WL 1169905 (Del Ch. Mar. 29, 2021), provides a stark reminder of the need to carefully provide, in your stock purchase agreement, mechanics for the transfer by the target to the selling shareholders of any assets that remain in [&#8230;]</p>
<p>The post <a href="https://privateequity.weil.com/glenn-west-musings/cash-left-behind-by-the-seller-in-the-target-belongs-to-the-target/">Cash Left Behind by the Seller in the Target Belongs to the Target</a> appeared first on <a href="https://privateequity.weil.com">Global Private Equity Watch</a>.</p>
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                                        <item>
                        <title>Key Considerations in Acquisitions of Acquisitive Companies</title>
                        <link>https://privateequity.weil.com/features/key-considerations-acquisitions-acquisitive-companies/</link>
                        <pubDate>Thu, 10 Oct 2019 03:33:20 +0000</pubDate>
						                                        <dc:creator>
											Christopher R. Machera</dc:creator>
                                                                                <dc:creator>
											Jenna McBain</dc:creator>
                                                                                <dc:creator>
											Larissa Lucas</dc:creator>
                                                                <guid isPermaLink="false">https://privateequity.weil.com/?p=6365</guid>
                        <description><![CDATA[In a market with soaring multiples, private equity buyers are increasingly on the hunt to mitigate high valuations by acquiring platform...]]></description>
                        <content:encoded><![CDATA[<p>In a market with soaring multiples, private equity buyers are increasingly on the hunt to mitigate high valuations by acquiring platform companies from which they can pursue add-ons at materially lower multiples and with the potential for synergies. And given the current seller-friendly market, sellers are increasingly seeking to receive premiums for platform companies with [&#8230;]</p>
<p>The post <a href="https://privateequity.weil.com/features/key-considerations-acquisitions-acquisitive-companies/">Key Considerations in Acquisitions of Acquisitive Companies</a> appeared first on <a href="https://privateequity.weil.com">Global Private Equity Watch</a>.</p>
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                        <title>A Delaware Supreme Court Footnote Reignites Concerns about the Reliability of Contractual Representations &#038; Warranties&#8211;Are Deal Lawyers Really Going to Start Debating Sandbagging Again?</title>
                        <link>https://privateequity.weil.com/features/delaware-supreme-court-footnote/</link>
                        <pubDate>Mon, 01 Oct 2018 17:36:51 +0000</pubDate>
						                                        <dc:creator>
											Glenn D. West</dc:creator>
                                                                <guid isPermaLink="false">https://privateequity.weil.com/?p=2664</guid>
                        <description><![CDATA[Earlier this year, in Eagle Force Holdings LLC v. Campbell,{{1}} the Delaware Supreme Court created a stir in some parts of the deal lawyer community...]]></description>
                        <content:encoded><![CDATA[<p>Earlier this year, in Eagle Force Holdings LLC v. Campbell,[1] the Delaware Supreme Court created a stir in some parts of the deal lawyer community as the result of a footnote that was otherwise irrelevant to its holding.  That footnote suggested that Delaware law was not as clear as many previously believed with respect to [&#8230;]</p>
<p>The post <a href="https://privateequity.weil.com/features/delaware-supreme-court-footnote/">A Delaware Supreme Court Footnote Reignites Concerns about the Reliability of Contractual Representations &amp; Warranties&#8211;Are Deal Lawyers Really Going to Start Debating Sandbagging Again?</a> appeared first on <a href="https://privateequity.weil.com">Global Private Equity Watch</a>.</p>
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