Energy Partners, Ltd. v. Stone Energy Corp., C.A. Nos. 2402-N and 2374-N, Parsons, V.C. (Del. Ch. Oct. 11, 2006)

Documents: Energy Partners, Ltd. v. Stone Energy Corp., C.A. Nos. 2402-N and 2374-N, Parsons, V.C. (Del. Ch. Oct. 11, 2006)

In an expedited, consolidated dispute over the validity of an alleged no-talk or no-shop clause in a merger agreement, the Court granted a declaration that the clause did not prevent the company from exploring other offers.