Just updated the Notebook with a citation to a case in which the Delaware Chancery Court refused to rule out the possibility that a reverse triangular merger could act as an assignment of a contract, requiring consent. See Meso Scale Diagnostics, LLC v. Roche Diagnostics GmbH, No. 5589-VCP (Del. Ch. Apr. 8, 2011) (denying motion to dismiss). See also the discussion of this opinion by Katherine Jones of the Sheppard Mullin law firm.
Notebook update: Reverse triangular merger might be an assignment of a contract, requiring consent
{ 0 comments… add one }