In CASE 7.1,SIGA Technologies,Inc.v.PharmAthene,Inc.(2013),the main issue before the Supreme Court of Delaware was whether
A) the pre-contractual letter of intent was enforceable.
B) PharmAthene had breached its obligation to negotiate the licensing agreement in good faith.
C) SIGA had breached its obligation to negotiate the licensing agreement in good faith.
D) the Delaware court had properly applied New York law in the case.

Question

Quizplus · Accepted Answer

The main issue in SIGA Technologies, Inc. v. PharmAthene, Inc. (2013) was whether SIGA had breached its obligation to negotiate the licensing agreement in good faith. The court found that SIGA acted in bad faith by deviating significantly from the terms of a previously agreed-upon term sheet during the negotiation process.

In CASE 71,SIGA Technologies,Inc