Omni has urgently sought expedited handling of the case in Chancery Court, asserting that Forward Air Corp.’s claims of breach are pretextual attempts to evade its obligations under the merger agreement. This urgency is driven, in part, by the merger agreement’s provision allowing Forward Air Corp. to terminate the deal if it does not close by February 10, 2024.
Legal Representation
Omni Newco LLC, the entity overseeing the merger, is represented by a team of legal experts from Potter Anderson & Corroon LLP and Wachtell Lipton Rosen & Katz.
As of the time of reporting, counsel information for Forward Air Corp. was not immediately available.