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Stock Options Contract Interpretation

Morris James LLP

Chancery Stays Case So That Committee of Company May Decide Whether It Has Power to Interpret Alternate Dispute Resolution...

Morris James LLP on

Terrell v. Kiromic Biopharma, Inc., C. A. No. 2021-0248-MTZ (Del. Ch. Jan. 20, 2022) - When an alternative dispute resolution (“ADR”) provision is an arbitration provision, presumptively the Court may consider the scope of...more

Allen Matkins

Did You Ever Wonder Whether “Within” Might Be A Superfluous Pleonasm?

Allen Matkins on

Suppose that you hold an option that must be exercised “within 30 days prior to the expiration of the option”.  Does this mean that you must exercise the option no later than thirty days before the expiration date or that you...more

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