Chancery Addresses Impact of Merger on Anti-Assignment Clause and Applies Federal Motion to Dismiss Standard

Meso Scale Diagnostics, LLC v. Roche Diagnostics GmbH, C.A. No. 5589-VCP (Del. Ch. Apr. 8, 2011), read opinion here . This case arises out of a series of agreements between the parties to license certain technology. A complaint was filed alleging a breach of two agreements based on a purchase by...

LexisNexis Corporate and Commercial Insights: Francis Pileggi Unravels Decisions in Delaware on Anti-Assignment Clauses and Attorney Fees and Discusses Litigation Holds

On this edition of LexisNexis Corporate and Commercial Insights, Francis G.X. Pileggi of Fox Rothschild LLP discusses recent Delaware court cases involving Delaware's adoption of a new summary judgment standard, when an anti-assignment clause is triggered in a merger, and criteria for determining...