Sandbagging in Delaware M&A: Court Rulings and Deal Implications
Update: 2025-06-05
Description
In this episode of Financial Services Focus, Lauren Pryor and her colleagues discuss a recent Delaware Chancery Court opinion that reinforces Delaware's pro-sandbagging stance in M&A transactions. This conversation covers the implications of this ruling, particularly regarding the interpretation of representations and warranties, the use of transaction multiples for calculating damages, and key takeaways for buyers and sellers in Delaware M&A transactions.
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