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Technology Stocks : Silicon Motion Inc. (SIMO) -- Ignore unavailable to you. Want to Upgrade?


To: yugolee1234 who wrote (2706)8/15/2023 7:30:04 AM
From: Elroy  Read Replies (1) | Respond to of 2977
 
I watched that video.

The Speaker claims that the damages for willful breach of contract exclude damages to shareholders, and cites a case (Con Edison v Northwestern) where that happened.

It's I think a challenging argument to make in Singapore arbitration.

The host was caught off guard by this claim, and didn't question it well.
It's hard to believe that damages as a result of breaching a merger agreement exclude the loss of value of the agreement. Why have an agreement at all, if that were so? It means the buyer is not meaningfully bound in any way by the terms of the deal. What seller would accept such a contract?