Delaware High Court Leaves Merck-Bayer Asbestos-Talc Liability Ruling Undisturbed

Mealey's (December 4, 2023, 9:46 AM EST) -- WILMINGTON, Del. — The Delaware Supreme Court said it would affirm a ruling that an asset purchase agreement left Merck & Co. Inc. and not Bayer AG liable for asbestos-talc liabilities arising from products sold before the closing of the $14 billion sale, saying in a one-page order that it would do so based on the reasoning of the Court of Chancery....