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Vice Chancellor J. Travis Laster of the Chancery Court of the State of Delaware. HANDOUT.

Delaware courts don’t normally look kindly on companies that try to pull out of merger agreements. Buyer’s remorse is for when you spend too much on a pair of shoes that hurt your feet—it’s not a reason to bail out on a multi-billion-dollar deal.

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Jenna Greene

Jenna Greene is editor of The Litigation Daily and author of the "Daily Dicta" column. She is based in the San Francisco Bay Area and can be reached at jgreene@alm.com.

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