1. Chancery Court Rules Target’s Pandemic Responses Did Not Breach Ordinary Course Covenant

    Chancery Court Rules Target’s Pandemic Responses Did Not Breach Ordinary Course Covenant

    In Level 4 Yoga, LLC v. CorePower Yoga, LLC (Mar. 1, 2022), the Delaware Court of Chancery ordered CorePower Yoga, LLC to close the agreement it had entered into, pre-pandemic, to acquire the yoga studios owned by its franchisee, Level 4 Yoga, LLC...

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