Is Your Deal’s “Exclusive Remedy” Really Exclusive? Delaware Chancellors Say… Maybe Not

The Delaware Court of Chancery is the premier forum for complex corporate law disputes. The Chancellors recently clarified some issues regarding the exclusivity (or lack thereof) of purportedly exclusive termination fees for M&A deals, including an exercise in precise reading of contractual language. Corporate lawyers and other deal professionals should all be paying attention. The Deal In …

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