Hexion Specialty Chemicals, Inc. v. Huntsman Corp.

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September 29, 2008

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2821 Plastics Material and Synthetic Resins, and Nonvulcanizable Elastomers
325211 Plastics Material and Resin Manufacturing
contract
Hexion Specialty Chemicals, Inc. v. Huntsman Corp.
2009 WL 294935 (Cal. App. 2 Dist.)
US
Federal Court
Delaware
Court of Chancery
Abigail M LeGrow, Alan S Goudiss, Andrew J Cheung, Berton W Ashman, Bradley W Voss, Bruce A Blefeld, Bruce L Silverstein, Christian Douglas Wright, Danielle Gibbs, David Gruenstein, David T Harvin, Dawn M Jones, Donald J Wolfe, Douglas K Mayer, Elaine P
Duff & Phelps (plaintiff); David Resnick (defendant)
Lamb

Summary

Delaware Chancery Court finds buyer knowingly and intentionally breached merger agreement by seeking insolvency opinion to derail financing and avoid liquidated damages.
Hexion Specialty Chemicals, Inc. v. Huntsman Corp.
PDF, Size: 197 KB

See Also

Insolvency Valuation Plays Key Role in Failed Million-Dollar Merger

Legal and Court Case Update
October 2009

Delaware Chancery Court finds buyer knowingly and intentionally breached merger agreement by seeking insolvency opinion to derail financing and avoid liquidated damages.

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