0 results for 'ENI'
Big Firms Wait on Sidelines as West Slaps Russia With Sanctions
The Obama administration and European Union announced sanctions Monday against several key individuals with ties to the Kremlin, just one day before President Vladimir Putin said he would accept Crimea's bid to join the Russian Federation. Caught in the middle are several top international and Am Law 100 firms, whose Moscow offices could be adversely affected. should the schism between East and West become more pronounced. Amid the uncertainty, two big Russian M&A deals yielded roles this week for four Magic Circle firms.
The Interpretation of Contractual Survival Clauses
We wrote recently about two cases interpreting contractual survival clauses under Delaware law. The cases—GRT v. Marathon GTF Technology, C.A. No. 5571-CS (Del. Ch. Jul. 11, 2011), and ENI Holdings v. KBR Group Holdings, C.A. No. 8075-VCG (Del. Ch. Nov. 27, 2013)—held that provisions limiting the period of time in which representations and warranties survive closing act as a statute of limitations on the nonbreaching party's ability to commence litigation for breach.
Commentary: Time for a Global Dialogue
A GC and an ex-regulator urge cooperating to fight corruption.Interpretation of Contractual Survival Clauses Under Del. Law
Agreements, especially acquisition agreements, typically contain representations and warranties by one party to the other. The agreements also typically prescribe the duration of those representations and warranties in so-called survival clauses. The treatment of these clauses under Delaware law may surprise many practitioners. In GRT v. Marathon GTF Technology Ltd., C.A. No. 5571-CS (Del. Ch. Jul. 11, 2011), Delaware Chancery Court Chancellor Leo E. Strine Jr. held that a clause limiting the period of time in which contractual representations and warranties survive closing acts as a statute of limitations on the buyer's ability to commence litigation for breach.
Blackstone Has Record Fourth-Quarter Profit On Fund Exits
Blackstone Group, the world's biggest manager of alternative assets such as private equity and real estate, posted a record fourth-quarter profit as the carrying value of its holdings gained and it sold assets. The shares rose the most in a year.
Regulated Enterprises Must Help With Global Regulation
Regulated enterprises can be a strong aid in the fight against corruption and other illegal activities.Daily Decision Service Alert: Vol. 23, No. 6 - January 9, 2014
Daily decision alert.
ENI Hldg. v. KBR Grp. Hldg., DEFAX Case No. D66059 (Del. Ch. Nov. 27, 2013) Glasscock, V.C. (61 pages).
Publication Date: 2013-12-25 Practice Area:
Industry: Court: Delaware Court of Chancery Judge: Attorneys: For plaintiff: For defendant: Case number: D66059
ENI Hldg. v. KBR Grp. Hldg., DEFAX Case No. D66059 (Del. Ch. Nov. 27, 2013) Glasscock, V.C. (61 pages).
Publication Date: 2013-12-18 Practice Area:
Industry: Court: Delaware Court of Chancery Judge: Attorneys: For plaintiff: For defendant: Case number: D66059
TRENDING STORIES
More from ALM
- Legal Speak at General Counsel Conference Midwest 2024: Mike Andolina, Partner, White & Case 1 minute read
- Legal Speak at General Counsel Conference Midwest 2024: Carolyn Burbrink, Uber Director of Volume Mobility Safety and Insurance Litigation 1 minute read
- Legal Speak at General Counsel Conference Midwest 2024: Andy Goldberg, Laner Muchin Managing Partner 1 minute read
Resources
Revenue, Profit, Cash: Managing Law Firms for Success
Brought to you by Juris Ledger
Download Now
Law Firm Operational Considerations for the Corporate Transparency Act
Brought to you by Wolters Kluwer
Download Now
The Ultimate Guide to Remote Legal Work
Brought to you by Filevine
Download Now
Practical Guidance Journal: Protecting Work Product in a Generative AI World
Brought to you by LexisNexis®
Download Now