AB STABLE VIII LLC, Plaintiff Below, Appellant,
v.
MAPS HOTELS AND RESORTS ONE LLC, Mirae Asset Capital Co., Ltd., Mirae Asset Securities Co., Ltd., Mirae Asset Global Investments, Co., Ltd., and Mirae Asset Life Insurance Co., Ltd., Defendants Below, Appellees.
Supreme Court of Delaware.https://leagle.com/images/logo.png
Before SEITZ, Chief Justice; VALIHURA, VAUGHN, TRAYNOR, and MONTGOMERY-REEVES, Justices, constituting the Court en Banc.
SEITZ, Chief Justice:
MAPS Hotel and Resorts One LLC (the "Buyer") agreed to purchase fifteen hotel properties from AB Stable VIII LLC (the "Seller") for $5.8 billion. A closing delay brought an unexpected problem—the novel coronavirus COVID-19 and the damage it inflicted on the hospitality industry. In response to the pandemic and without...
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