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Delaware Supreme Court

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Delaware Supreme Court reverses the Court of Chancery’s judgment and holds that for an acquiror to be held liable for aiding and abetting a sell-side breach of fiduciary duty, the acquiror must have actual knowledge of both the target’s breach and the wrongfulness of its own conduct

June 17, 2025

Opinion

U.S. Chamber files amicus brief urging Delaware Supreme Court to rigorously apply its high standard for aiding and abetting liability for a third-party buyer

September 16, 2024

U.S. Chamber Amicus Brief

Robert M. Palumbos, Andrew R. Sperl, Richard L. Renck, and Tracey E. Timlin of Duane Morris LLP served as outside counsel.

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