Sully’s Brand Teams Up with Target to Design Boston T-Shirts

Peabody-based apparel company and MBBP client Sully's Brand is teaming up with Target to design Boston-themed t-shirts. After Target previously had to pull Boston t-shirts from stores due to errors, Chris Wrenn, the founder of Sully's Brand, reached out to Target and suggested it use a local designer to assist with the Boston shirts. Target agreed …

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Delaware Court Strikes Down Indemnity, Release Provisions in Merger Agreement

By Mark Tarallo A recent opinion issued by the Delaware Chancery Court may have a significant impact on the way acquisition transactions are structured.  The opinion considers a merger between a company called Audax Health Solutions (Target) and UnitedHealth/Optum (Buyer).  Cigna Insurance was a large shareholder of Target.  The merger between Target and Buyer was …

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