Succession planning is a critical aspect of managing small, closely held businesses, as the unexpected departure of a key leader can significantly disrupt operations and challenge the business's legal...
Entering into a letter of intent for an office lease agreement? Consult our playbook for valuable key provisions, alternative language provisions, and guidance for both landlords and tenants. Download...
In the complex world of M&A transactions, transition services agreements (TSAs) serve as critical bridges between deal closing and operational independence thus creating stability during organizational...
This practice note covers key legal and regulatory issues to evaluate, questions to ask, and documents to review in medical device or diagnostic technology deals, including M&A, investments, financings...
Diamonds may be forever, but termination fees guarantee commitment better! Termination fees not only compensate buyers for their time and energy in pursuing an acquisition but also discourage third-party bidders and other would-be interlopers from making a competing offer for the target company. And with reverse termination fees, which compensate sellers for the ordeals of a failed sale process, the commitment becomes mutual. But how much is too much when it comes to termination fees and reverse termination fees, and what kind of termination events should trigger a party’s payment obligation? Discover market trends in termination fees, reverse termination fees, and fee triggers in public target mergers in 2022 captured by Market Standards.
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