Learning Old Lessons From Recent Life Sciences Earnout Disputes: Above All Else, Words Matter
Cooley M&A
OCTOBER 24, 2024
Alexion Pharmaceuticals (Del. September 2024), the Delaware Chancery Courts found buyers liable for failure to comply with negotiated earnout covenants – and in the latter case, awarded the plaintiffs more than $1 billion in damages. Alexion Pharmaceuticals , arose out of Alexion’s 2018 acquisition of a company called Syntimmune.
Let's personalize your content