The Delaware Court of Chancery denied an attorney's claim that his business partner, in a $2.2 billion acquisition of a nursing-home portfolio, breached an oral partnership agreement to equally split profits on the deal.
September 10, 2014 at 07:02 AM
1 minute read
The Delaware Court of Chancery denied an attorney’s claim that his business partner, in a $2.2 billion acquisition of a nursing-home portfolio, breached an oral partnership agreement to equally split profits on the deal.
In the opinion, Vice Chancellor John W. Noble said the plaintiffs proved their rights under the oral agreement.
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