‘All About Respecting the Contract’: Johnson & Johnson Urges Reversal of Chancery’s $1 Billion-Plus Breach Finding

An attorney for the company argued the Court of Chancery subverted explicit language in a contract that reserved discretion to Johnson & Johnson to run the company it had acquired.

       

An attorney for the company argued the Court of Chancery subverted explicit language in a contract that reserved discretion to Johnson & Johnson to run the company it had acquired.