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Non-Reliance and Waiver Clauses in NDA Preclude Fraud Claims by Would-Be Private Equity Buyer

May 25, 2012

Summary: The Delaware Supreme Court affirms enforceability of non-reliance and waiver provisions in a non-disclosure agreement to bar claims by a would-be buyer of a business based on alleged fraudulently omitted or misstated information in due diligence.

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