The Delaware Court of Chancery, in Bradley E. Julius v. Accurus Aerospace Corp., et al., C.A. No. 2017-0632-MTZ, memo. op. (Del. Ch. Oct. 31, 2019), found sellers of a company did not breach representations regarding business changes between a set date and closing where the company unexpectedly lost an opportunity as a result of a customer’s earlier, undisclosed decision.
NEW: K&L Gates discusses the decision in Court of Chancery Dismisses Breach of Contract Claims Against Manufacturer of Boeing Airplane Parts.
Francis Pileggi discusses the decision in Buyer’s Claims Fail Due to Lack of Express Representations by Seller in APA.
Legal Newsline discusses the decision in Dispute over lost aviation parts ironed out in Delaware Chancery Court.
[$$$] Law360 discusses the decision in Chancery Orders Release Of $3M To Seller Of Boeing Supplier.