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... losses arising from a breach would need to be funded through capital calls (subject to any limitations contained in the relevant limited partnership agreements). Nonetheless, practitioners and commentators increasingly took note of this dichotomy. Indeed, ... of the private equity reverse break fee model) in cash deals. In addition, the financing problems that arose in the Dow Chemical/ Rohm & Haas transaction and the subsequent litigation and price renegotiation further deterred some buyers in ...
The Harvard Law School Corporate Governance Blog - http://blogs.law.harvard.edu/corpgov
4 Dec, 2008 2:00 pm by Dimitra Kessenides
... Delaware Chancery Court Case Earlier this week Carl Icahn's High River Limited Partnership filed a suit in Delaware Chancery Court against Realogy--a company owned ... out so well: Vice Chancellor Stephen Lamb found Hexion Specialty Chemicals in breach of its $10 billion merger agreement with Huntsman. Guess who's going to be presiding ... Mayer Brown's Stephen Shapiro, counsel to Philip Morris, at first took a shelling from Justices Souter, Ginsburg, and Breyer. "But Shapiro never quit," Greenberg ...
The Am Law Daily - http://amlawdaily.typepad.com/amlawdaily/
         
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