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POWERS v. STANLEY BLACK & DECKER, INC.

No. 14 Civ.2052(PAE).

137 F.Supp.3d 358 (2015)

Jeffrey R. POWERS, acting in his capacity as the authorized Sellers' Representative under that certain Transaction Agreement dated April 23, 2012, Plaintiff/Counterclaim-Defendant, v. STANLEY BLACK & DECKER, INC., Defendant/Counterclaim-Plaintiff/Third Party Plaintiff, v. Jeffrey R. Powers, Christopher W. Powers, and Frederic B. Powers, III, in their individual capacities, Third Party Defendants.

United States District Court, S.D. New York.

Signed September 28, 2015.

Attorney(s) appearing for the Case

Alan David Kaplan, Janice I. Goldberg, Herrick, Feinstein LLP, New York, NY, for Plaintiff/Counterclaim-Defendant/Third Party Defendants.

Gregory W. Nye, Bracewell & Giuliani LLP, Hartford, CT, for Defendant/Counterclaim-Plaintiff/Third Party Plaintiff.

OPINION & ORDER

This case involves claims that false representations and warranties made in connection with a corporate acquisition justified the buying company in refusing to release to the seller certain funds held in escrow.

On April 23, 2012, the buyer, Stanley Black & Decker...

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