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Delaware Court Raises Eyebrows by Striking Down Noncompete in Sale Transaction

The Delaware Court of Chancery (the Court) has raised eyebrows with a recent decision, in the case of Kodiak Building Partners, LLC v. Adams, to strike down a noncompetition covenant binding upon a seller in a sale...more

Take Note of Cuomo's Suspension of Statute of Limitations

M&A update – Sellers and buyers who have completed transactions within the past several years should take note of Gov. Andrew Cuomo’s Executive Order 202.8, tolling the statutes of limitations for all claims through April 19....more

COVID-19 – Commercial Contracts: Risk Allocation in Times of Uncertainty

In addition to memorializing the economics and financial benefits gained by parties from a given contractual arrangement, commercial contracts commonly allocate known and unknown risks between business parties....more

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