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Clifford Chance

Briefings

Purchase Price Adjustment Dispute: Accountant, Arbitrator, or Expert?

12 July 2018

Delaware Chancery Court finds dispute resolution procedure in merger agreement required an "expert determination" and not an arbitration, and accordingly the court (not the reviewing accountant appointed to resolve the dispute) decided whether extrinsic evidence was admissible.


 

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Purchase Price Adjustment Dispute: Accountant, Arbitrator, or Expert?

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