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M&A forum selection clause binds non-signatory

Preemptive suit to preserve deal sent to California

California forum selection clauses in preliminary agreements for the acquisition of an eyewear company bound a non-signatory buyer that stepped in and purchased the target before the original deal could be closed, a U.S. District Court judge in Massachusetts has decided. The plaintiff, Europa Eye Wear Corp., filed a declaratory judgment action in Massachusetts federal court ...

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