Aubrey Morin

Aubrey Morin

Morris James LLP

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Chancery Specifically Enforces “Hell or High Water” Provision To Close Merger

Desktop Metal, Inc. v. Nano Dimension LTD. And Nano US I, Inc., C.A. No. 2024-1303-KSJM (Del. Ch. Mar. 24, 2025) - Merger agreements often include “reasonable-best-efforts” clauses, requiring one or more of the parties to...more

9/2/2025  /  Breach of Contract , Business Litigation , CFIUS , Contract Disputes , Contract Terms , Delaware , Merger Agreements , Mergers , National Security , Regulatory Requirements

Court of Chancery Finds Employee’s Restrictive Covenants Unenforceable for Lack of Consideration

N. Am. Fire Ultimate Holdings, LP v. Doorly, C.A. No. 2024-0023-KSJM (Del. Ch. Mar. 7, 2025) - A contract requires consideration to be enforceable. In this case, the Court of Chancery held restrictive covenants were...more

8/21/2025  /  Breach of Contract , Contract Disputes , Contract Terms , Employment Contract , Employment Litigation , Former Employee , Non-Compete Agreements , Restrictive Covenants , Termination , Unenforceable Contract Terms
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