Strictly Business
DECEMBER 21, 2023
LOIs are typically entered into after discussions regarding a potential business acquisition have reached a threshold stage where both the prospective buyer and seller wish to memorialize the high-level terms of the proposed transaction.
Strictly Business
MARCH 18, 2024
Despite their utility, earnouts must be carefully negotiated and drafted to reduce the likelihood of future disputes and thwarted expectations, particularly in cases tied to bottom-line results, complex calculations, and/or when the target company is being integrated into the buyer’s other businesses.
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LawSites
JUNE 15, 2021
and Europe working in law firms, legal departments and business services firms. Top technologies in which firms plan to invest include e-signatures, automation of document and contract creation, collaboration tools for document and contract drafting/reviewing, document and contract workflow management, and cloud-based services.
Paralegal Bootcamp
APRIL 8, 2022
For instance, commercial litigation paralegals can benefit from CLEs explaining the methods of determining the appropriate type of business organization or drafting contracts.
Strictly Business
DECEMBER 12, 2023
Therefore, the potential seller should aim to sign an NDA before disclosing any information to the potential buyer; however, if the parties do not, then the potential seller should draft the NDA to ensure that it protects information disclosed prior to the execution of the NDA.
Strictly Business
FEBRUARY 12, 2024
The purchase agreement is typically drafted by the buyer’s counsel after the letter of intent has been signed and the buyer has done enough due diligence to feel confident that it wants to pursue the transaction.
Strictly Business
NOVEMBER 2, 2023
Outside of an auction process (where the seller is fielding bids from multiple potential buyers), the buyer typically prepares the first draft of the purchase agreement after the buyer is far enough along in its due diligence process to believe it will, in fact, go through with the acquisition.
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