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Purchase Agreement Ambiguous

McDermott Will & Emery

Delaware Opens the Door to Third-Party Beneficiaries

McDermott Will & Emery on

Based on a recent Delaware Chancery Court decision, parties outside of a transaction—not just the buyer or seller—may be able to enforce continuing employment provisions in a purchase agreement. This decision shows that a...more

Morris James LLP

Delaware Superior Court Defines “Including”

Morris James LLP on

Triumph Aerostructures-Tulsa LLC v. Spirit Aerosystems Inc., C.A. N17C-11-262 MMJ CCLD (August 8, 2018) - Contracts often use the word “including” as part of a definition of a term. But is that to limit or enlarge what...more

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