Legal Opinion
Powers v. Stanley Black & Decker, Inc.
District Court, S.D. New York
Decided September 28, 2015No. 14 Civ.2052(PAE)PublishedCited by 8 opinions
1Opinion of the Court
OPINION & ORDER
PAUL A. ENGELMAYER, District Judge:
This case involves, claims that false representations and warranties made in connection with a corporate acquisition justified the buying company in refusing to release to the seller certain funds held in escrow.
On April 23, 2012, the buyer, Stanley Black & Decker, Inc. (“SB & D”) entered into an agreement (the “Transaction Agreement” or “Agreement”) with Jeffrey R. Powers, Christopher W. Powers, and Frederic B. Powers, III (collectively, the “Powers Parties”) to buy, for $225 million, the worldwide business of Powers Fasteners, Inc.,…
2Cases cited41 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Hicks v. BainesCourt of Appeals for the Second Circuit · 2010
- W.W.W. Associates, Inc. v. GiancontieriNew York Court of Appeals · 1990
- Wright v. GoordCourt of Appeals for the Second Circuit · 2009
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3Cited by8 opinions
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- HH Medical Inc. v. WalzDistrict Court, S.D. New York · 2024
- Hughes Communications India Private Limited v. The DirecTV Group, Inc.District Court, S.D. New York · 2021
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