Halinski v. ADS Grp. Acquisition, LLC (Del. Ch. (7/25) discusses the propriety of indemnification claims. The relevant SPA deferred payment of a $4,439,000 Tax Holdback to cover certain possible post-closing tax liabilities. Over time, the SPA required Purchaser to release the Tax Holdback to Sellers in three unequal installments. Purchaser released the First Intermediate
SEC Proposes Rules Regarding Special Purpose Acquisition Companies, Shell Companies, and Projections
SEC Proposes to Amend Filing Deadlines for Schedule 13D and 13G
Proposed CFIUS Rules Would Delay Determination with Respect to Excepted Foreign States
