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Delaware Court Voids Uncapped Indefinite Indemnity Obligations in a Merger Agreement

Publications - Client Alert | January 30, 2015

The Delaware Court of Chancery recently held that uncapped indefinite indemnity obligations were unenforceable against the non-signing stockholders. In this month's M&A Law Update, we discuss a typical scenario, how the Delaware Court of Chancery's decision applies and offer some practical advice.

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