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Paul Porvaznik – Business Litigator

Case Notes and Summaries of Recent Cases (State and Federal Courts – Illinois Focus)

Tag Archives: asset purchase agreement

Fraud, Economic Loss and Contractual Integration Clauses (And More): Illinois Fed Court Provides Primer

Plaintiff purchased the defendant’s nation-wide network of auto collision centers as part of a complicated $32.5M asset purchase agreement (APA).   A dispute arose when the plaintiff paid $9.5M to a paint supply company and creditor of the defendant in order to consummate the APA.  The plaintiff argued that the defendant breached the APA by not …

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Posted byPaulPJuly 14, 2015November 28, 2017Posted inBusiness Torts, Contract LawTags: asset purchase agreement, condition precedent, economic loss doctrine, fraud, integration clause, LLC, negligent misrepresentation, unjust enrichment
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