By Robert Velevis, Sara Duran and Sacha JamalOctober 30, 2017, 12:59 PM EDT
Law360, New York (October 30, 2017, 12:59 PM EDT) -- We all know that careful drafting is important. But implementing best-in-class drafting is challenging, especially when some of our assumptions about drafting are not regularly scrutinized. The recent Delaware Court of Chancery decision in TA Operating LLC v. Comdata Inc., C.A. No. 12954-CB (Del. Ch. Sept. 11, 2017) (applying Tennessee law) provides an opportunity to debunk three drafting myths.
Facts and Holding
TA Operating LLC operates travel centers along interstate highways selling fuel, food and other conveniences for truck drivers and other travelers. Comdata Inc. is one...