Matthew Rifino

Matthew Rifino

McCarter & English, LLP

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Delaware Law Updates - Delaware Supreme Court Rejects Over Expansive Application Of True-Up Provision In Purchase Agreement

Chicago Bridge & Iron Co. v. Westinghouse Elec. Co. LLC, et al., No. 573, 2016 (Del. June 28, 2017) - The Delaware Supreme Court reversed the Court of Chancery’s entry of judgment on the pleadings based on a flawed...more

7/24/2017  /  Breach of Contract , Buyers , Contract Terms , GAAP , Nuclear Power , Power Plants , Purchase Agreement , Purchase Price , Representations and Warranties , Sellers

Delaware Law Updates – Delaware Court Of Chancery Affirms Fraud Exception To Parties’ Contractual Allocation of Risk

EMSI Acquisition, Inc. v. Contrarian Funds, LLC, et al., C.A. No. 12468-VCS (Del. Ch. May 3, 2017), Slights, V.C. The Delaware Court of Chancery honored the well-settled policy against fraud and its limitation on parties’...more

6/1/2017  /  Acquisitions , Buyers , Stock Purchase Agreement
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