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Fiduciary Duty › Best Efforts Clauses

Lathrop GPM

Seventh Circuit Affirms Dismissal of Inventor’s Claim that Distributor Failed to Use Commercially Reasonable Efforts to Sell Its...

Lathrop GPM on

The Seventh Circuit Court of Appeals affirmed an Indiana court's order dismissing a claim by inventor Thomas Russell that his exclusive distributor, Zimmer, Inc., failed to use commercially reasonable efforts to sell...more

Jackson Walker

Key Texas M&A Issues (Presentation)

Jackson Walker on

Agenda - Letters of Intent - Best Efforts - Indemnification - Sandbagging - Non-Reliance - Fiduciary Duties - Letters of Intent: • Buyer may seek letter of intent that is generally not binding on either party...more

Allen Matkins

Best Efforts – A California Perspective

Allen Matkins on

UCLA Law School Professor Stephen Bainbridge posted some thoughts yesterday on the meaning of contractual “best efforts” requirements. See What do “best efforts” and variants mean? A proposed set of definitions. The...more

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