On Friday, the Chancery Court issued a magistrate’s report in Miller v. Menor (Del. Ch.; 09/25) refusing to find that defendants waived the right to post-closing adjustments because of their failure to timely deliver a closing statement. The statement was due 90 days after closing, and any objections statement was due 30 days after delivery of the closing […]
When a Late Closing Statement Doesn’t Waive Right to Post-Closing Adjustments