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State Courts -
Delaware - January 15, 2009
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Alliance Data Sys. Corp. v. Blackstone Capital Partners V L.P., C.A. No. 3796-VCS,
COURT OF CHANCERY OF DELAWARE, NEW CASTLE, January 15, 2009, Decided, January 15, 2009, EFiled
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Overview: Motion to dismiss a complaint was granted because a merger agreement did not require an investment fund to enter into an arrangement with a regulatory agency to gain approval of a merger, and a corporation could not resort to extrinsic evidence to manufacture contractual obligations that were clearly foreclosed by the unambiguous merger agreement.
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