Recently, we were all reminded that any type of internal communications – including AI prompts! – are discoverable and can become the “smoking gun” in a lawsuit. In a $250 million M&A earnout dispute, the buyer was found by the Delaware Court of Chancery to have intentionally undermined the earnout and prevented the seller from achieving it. Read more about the Delaware Court’s findings in our blog post on The Governance Beat.
- Posted in: Insight
- Tagged in: AI, Regulatory, Trends