This blog covers a Delaware Court of Chancery case involving a $1 billion earnout dispute over FDA milestones in the acquisition of a surgical robotics startup. The post highlights key legal issues such as earnout provisions, commercially reasonable efforts obligations,…
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Delaware Court Awards Over $1 Billion in Earnout Dispute Over Surgical Robot Milestones
Posted in problems with earnouts Tagged with: and corporate fraud in M&A, Commercially reasonable efforts, competing products, Delaware Court of Chancery, earnout dispute, FDA approval, implied covenant of good faith, M&A litigation, Medical device acquisition, merger agreement, post-closing litigation, regulatory milestones, surgical robots, venture-backed startups
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- Delaware Court Awards Over $1 Billion in Earnout Dispute Over Surgical Robot Milestones
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- seller's warranty claims
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- trademarks
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- vacation time
- valuation
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- waiver of jury trial
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- waiver provision
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- willing buyer or procuring cause
- Withholding Post-closing payments
- working capital adjustment
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