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Corporate & Securities Law

: Business Law Prof Blog

Delaware Court Upholds a Deal Termination Fee

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Delaware Vice Chancellor Leo Strine dismissed a claim by a shareholder of the Lear Corporation that the company's board should not have agreed to a buyout contract in which the company promised to pay a termination fee of $25 million...

Full post as published by Business Law Prof Blog on September 11, 2008 (boomark / email).

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