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· 3/18/2015

Nationwide Emerging Managers, LLC v. Northpointe Holdings, LLC

Citations

  • 112 A.3d 878
  • 2015 Del. LEXIS 144
  • 2015 WL 1317705

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • noting that a party \did not fairly raise a ... claim at trial\ when \for much of trial\ it argued a contrary point
  • stating that courts should be hesitant to imply terms the parties could easily have drafted the contract to include
  • explaining that Delaware law “prevents a party who has after-the-fact regrets from using the implied covenant of good faith and fair dealing to obtain in court what it could not get at the bargaining table”
  • explaining that honoring express contract terms “prevents a party . . . from using the implied covenant of good faith and fair dealing 11 to obtain in court what it could not get at the bargaining table”
  • Implied covenant of good faith and fair dealing only appropriate to fill gaps and not to re-write contract
  • “By necessity, any argument by a party that another party breached an implied term invites consideration of evidence of the parties’ bargaining history.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Strine, Vaughn, Laster

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.