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Ownership Interest › Contract Termination

Morrison & Foerster LLP

Private Equity Buyer Validly Terminates Transaction by Way of “Accurate in all respects” Bring-Down Standard

Morrison & Foerster LLP on

On May 29, 2023, Chancellor Kathaleen McCormick of the Delaware Chancery Court held in HControl Holdings v. Antin Infrastructure Partners[1] that a private equity sponsor could walk away from its agreement to acquire a...more

Houston Harbaugh, P.C.

Pennsylvania Superior Court Clarifies Nature of Oil and Gas Lease Under Pennsylvania Law

Houston Harbaugh, P.C. on

Let’s assume you own a 160-acre farm in Washington County. Your father purchased the farm in 1992 from a local farmer named Jones. (the “1992 Deed”). At the time your father purchased the farm, there was an oil and gas lease...more

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