Chancery Says Bank Not Entitled To $1.3M Tax Payout

By Daniel Siegal (October 21, 2015, 9:59 PM EDT) -- A Delaware Chancery judge on Tuesday held that a digital marketing company does not need to pay a global merchant bank $1.3 million to cover tax liability from the company's acquisition of assets from the bank, ruling the acquisition agreement does not provide for the payment....

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