Federal Court Allows Third Party Beneficiary Claim under Engagement Letter to Proceed | Practical Law

Federal Court Allows Third Party Beneficiary Claim under Engagement Letter to Proceed | Practical Law

An update on a Massachusetts District Court decision on whether a financial advisor in a merger transaction could be liable to third party beneficiaries under an engagement letter on breach of contract and fiduciary duty claims.

Federal Court Allows Third Party Beneficiary Claim under Engagement Letter to Proceed

by PLC Corporate & Securities
Published on 13 Nov 2009Massachusetts
An update on a Massachusetts District Court decision on whether a financial advisor in a merger transaction could be liable to third party beneficiaries under an engagement letter on breach of contract and fiduciary duty claims.