Home / Opinion Digests / Corporate – Merger Plan – Recoupment (access required)

Corporate – Merger Plan – Recoupment (access required)

Where the parties entered into an agreement and plan of merger under which plaintiff owner and directors of the corporation sold the capital stock of their company to defendant in exchange for compensation described in the agreement, and plaintiffs have sued for breach of the agreement, the circuit court denies plaintiffs' motion to strike defendant's ...

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