OSI Systems, Inc. v. Instrumentarium Corp.
Court of Chancery of Delaware
1Opinion of the Court
OPINION
STRINE, Vice Chancellor.
In this case, the buyer and seller in the sale of a business are dueling over the type of contractual arbitration that must be used to solve a disagreement between them. Each seeks judgment on the pleadings arguing that the purchase agreement plainly dictates a ruling in favor of arbitration of the kind it prefers.
In this opinion, I conclude that the buyer must use the form of contractual arbitration designed to address claims for breach of representations and warranties and other contractual indemnity claims rather than a narrower form of arbitration that is…
2Cases cited7 opinions
- Desert Equities, Inc. v. Morgan Stanley Leveraged Equity Fund, II, L.P.Supreme Court of Delaware · 1993
- Parfi Holding AB v. Mirror Image Internet, Inc.Supreme Court of Delaware · 2002
- In Re Lukens Inc. Shareholders LitigationCourt of Chancery of Delaware · 1999
- Westmoreland Coal Co. v. Entech, Inc.New York Court of Appeals · 2003
- McMillan v. Intercargo Corp.Court of Chancery of Delaware · 2000
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