Patricia Vella Serves as Panelist in ABA Teleconference/Webcast – Creating Contractual Limitations on Seller Liability that Work Post-Closing

July 2010

Wilmington, DE – July 8, 2010 – Morris Nichols Delaware Corporate Law Counseling Group Special Counsel Patricia Vella served as a panelist in an American Bar Association (ABA) Business Law Section CLE Teleconference/Webcast on June 16, 2010. 

The 90 minute program, Creating Contractual Limitations on Seller Liability that Work Post-Closing: Avoiding Serious Pitfalls in Domestic and International Deals, included a fifteen-minute live Q&A session and covered recent case law and practitioner perspectives on how to limit sellers’ contractual and extra-contractual liabilities in M&A transactions, including:  how to protect the seller through the auction and negotiating processes, the intersection of fiduciary duties and deal protections, and exclusive remedy and extra-contractual representation waiver provisions.  Tricia was joined by Glenn West of Weil, Gotshal & Manges LLP and Byron Egan of Jackson Walker LLP.