Read about a recent court case involving LOI revisions in an M&A deal where the buyer was found not to be bound by the seller’s additional terms. Learn the importance of clarity in LOIs and avoiding disputes in business transactions.…
Monthly Archives: April 2021
COURT RULES BUYER NOT BOUND BY SELLER’S REVISIONS TO LOI IN M&A DEAL
Posted in letter of intent, signing LOI with revisions by signer Tagged with: Business law updates, Business Transactions, Buyer and seller negotiation, Contractual obligations in acquisitions, Counteroffer, Dispute resolution in M&A, Letter of Intent (LOI) material revisions, LOI clarity and agreement, M&A deal court case, M&A legal blog, Private business deals
ASSET BUYER’S LIABILITY DISPUTE IN M&A DEAL INVOLVING ASBESTOS-CONTAINING PRODUCT LINE
Learn about the legal complexities in an M&A deal where the buyer purchased the seller’s trade name which was used for two product lines acquired by the buyer, but had also been used by the seller for a steam turbine…
DEALING WITH SELLER LEASE GUARANTEES IN M&A TRANSACTIONS
Learn about the risks and solutions associated with personal guaranties for office or facility leases during M&A transactions. Find out how sellers can protect themselves from post-closing problems. M&A Stories April 14, 2021 Introduction: When selling a company, it is…
Posted in shareholder personal guaranty of target lease, stock purchase agreement Tagged with: Breach of contract, escrow arrangement, facility lease, indemnification, letter of credit, M&A Transactions, New York State Court, office lease, Personal Guaranty, real-life case, risk management, seller lease guarantees
Asset Buyer Can’t Enforce Employee Nonsolicitation Covenants
Learn about a recent case in Oklahoma where a federal court refused to enforce certain employee non-solicitation post-employment covenants during an asset acquisition. Understand the importance of complying with local laws when implementing non-solicitation agreements in M&A deals to prevent…
Posted in nonsolicitation of employees and customers, nonsolicitation of former customers Tagged with: Business acquisitions, Customer Solicitation, Employee Contracts, Employee Non-solicitation, Enforceability of Non-solicitation Agreements, Mergers and Acquisitions, N.D. Oklahoma Court, Non-assignable Agreements, Noncompete Provisions, Oklahoma Law, TruGreen Limited Partnership v. Oklahoma Landscape Inc.
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