Daniel Ketani

Daniel Ketani

Kramer Levin Naftalis & Frankel LLP

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Sustained or Transitory? Delaware Court of Chancery Finds No MAE Absent Proof of Durationally Significant Effect on Business

Prior to the Delaware Court of Chancery’s opinion in Akorn, Inc. v. Fresenius Kabi AG, C.A. No. 2018-0300-JTL, 2018 WL 4719347 (Del. Ch. Oct. 1, 2018), aff’d 198 A.3d 724 (Del. 2018), no Delaware court had found the existence...more

8/3/2021  /  Acquisitions , Contract Termination , Contract Terms , Frustration of a Common Purpose , Material Adverse Effects , Merger Agreements , Mergers , Pharmaceutical Industry
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