Practice Points From 3rd Del. Ruling On M&A And COVID-19

Summary

Law360 (March 22, 2022, 2:34 PM EDT) -- In the March 1 Level 4 Yoga LLC v. CorePower Yoga LLC decision, the Delaware Court of Chancery ordered CorePower Yoga to close the agreement it had entered into, pre-pandemic, to acquire the yoga studios owned by its franchisee, Level 4 Yoga.