Delaware Chancery Court Enforces Specific Performance and Forces Merger to Close
By EsqSocial Corporation 07/05/25
A recent decision of the Delaware Court of Chancery reinforces the importance of deal certainty, particularly when it comes to efforts-based covenants in merger agreements. In Desktop Metal Inc. v. Nano Dimension Ltd., the Court considered whether a buyer breached its obligations by not diligently pursuing regulatory approvals....
By: Cadwalader, Wickersham & Taft LLP