On Friday, in a half-page decision following briefs and oral argument, the Delaware Supreme Court affirmed the Chancery Court’s February ruling confirming an arbitration award in a post-closing purchase price adjustment dispute with a surprising — and scary — result. We blogged about the Chancery Court’s decision in SM Buyer LLC v. RMP Seller Holdings, LLC (Del. Ch.; 2/24) earlier this […]
Del. Supreme Affirms Chancery Ruling that Seller Must Pay Buyer 2x Purchase Price