Tag Archives: Sam Goodman

The Emperor Has No (Obligation to) Close: When Seemingly Innocuous Closing Conditions Add to the Deal Risks They Are Intended to Protect Against

SAM GOODMAN—In a highly anticipated decision on a contested merger agreement, the Delaware Supreme Court affirmed the Delaware Court of Chancery’s ruling that acquiror Energy Transfer Equity L.P. (“ETE”) did not breach its agreement to merge with the Williams Companies, Inc. (“Williams”) when ETE terminated the merger agreement because its counsel was unwilling to deliver […]

Show Me the Money (I Think?): The Second Circuit’s New Test for Assessing the Legality of Unpaid Internships Creates More Questions Than Answers

SAM GOODMAN—As 2016 kicks off, employers will ramp up recruiting efforts at universities across the country to fill coveted summer internship positions. Should employers and students alike anticipate a changing internship economy? A recent pair of decisions in New York and Florida suggest that the answer may be yes. In July 2015, the Second Circuit […]