Market Trends: What You Need to Know -
As shown in the American Bar Association's Private Target Mergers and Acquisitions Deal Points Studies:
Inclusion of either 10b-5 or “full disclosure” representations in merger...more
Market Trends: What You Need to Know -
According to the American Bar Association's nine Private Target Mergers and Acquisitions Deal Points Studies, the use of stand-alone indemnities in reported private company M&A...more
In M&A transactions, unknown target liabilities are typically addressed in different ways throughout the M&A purchase agreement. A no undisclosed liabilities representation is one of the principal representations in an M&A...more
Market Trends: What You Need to Know -
As reflected in the American Bar Association's Private Target Mergers and Acquisitions Deal Points Studies:
“Knowledge” is now almost always defined in private company...more
Market Trends: What You Need to Know -
“Sandbagging” concepts are often the subject of intense negotiation in M&A transactions. Inclusion of pro-sandbagging clauses within M&A purchase agreements has been on the decline,...more
Market Trends: What You Need to Know -
Over the past several years:
An express right, or obligation, of sellers to update disclosure schedules between signing and closing is becoming less common; instead, more M&A...more
Market Trends: What You Need to Know -
RWI is an increasingly important feature of private company merger and acquisition transactions. Every other year since 2005 the ABA has released its Private Target Mergers and...more
Market Trends: What You Need to Know -
As shown in the American Bar Association's Private Target Mergers and Acquisitions Deal Points Studies:
Indemnity escrows are consistently seen in about two-thirds or more of...more
Market Trends: What You Need to Know -
As shown in the American Bar Association's Private Target Mergers and Acquisitions Deal Points Studies:
Over the time period covered by the nine studies (2005-2021), the level of...more
8/23/2022
/ Acquisition Agreements ,
American Bar Association (ABA) ,
Basket Transactions ,
Contract Drafting ,
Contract Negotiations ,
Contract Terms ,
Corporate Sales Transactions ,
Indemnity Agreements ,
Merger Agreements ,
Purchase Agreement ,
Representations and Warranties
Market Trends: What You Need to Know -
As shown in the American Bar Association's Private Target Mergers and Acquisitions Deal Point Studies:
The use of separate escrows for purchase price adjustments has been...more
Market Trends: What You Need to Know -
As shown in the American Bar Association's Private Target Mergers and Acquisitions Deal Points Studies:
In 2021, 10% of the merger and acquisition purchase agreements covered by...more
Market Trends: What You Need to Know -
As shown in the American Bar Association's Private Target Mergers and Acquisitions Deal Points Studies:
Express non-reliance provisions are increasingly common in merger and...more
Market Trends: What You Need to Know -
As shown in the American Bar Association's Private Target Mergers and Acquisitions Deal Points Studies:
Inclusion of damage mitigation provisions in merger and acquisition...more
Market Trends: What You Need to Know -
As reflected in the American Bar Association's Private Target Mergers and Acquisitions Deal Points Studies, over the past twelve or so years, inclusion of jury trial waivers in...more
Market Trends: What You Need to Know -
As reflected in the American Bar Association's Private Target Mergers and Acquisitions Deal Point Studies:
Over the time period covered by the nine ABA studies (2005-2021), the...more
Market Trends: What You Need to Know -
According to the American Bar Association's Private Target Mergers and Acquisitions Deal Points Studies, financial statement representations are universally required from sellers in...more
Market Trends: What You Need to Know -
Based on the American Bar Association's Private Target Mergers and Acquisitions Deal Points Studies:
- Purchase price adjustments continue to be commonplace in M&A agreements. In...more
Market Trends: What You Need to Know -
One of the most pronounced practice-related trends in private company merger and acquisition transactions is the near-disappearance of target legal opinions as a closing deliverable....more
Market Trends: What You Need to Know -
Over the past 15+ years covered by the ABA studies, materiality scrapes have morphed from being a somewhat uncommon provision, seen in about 14% of transactions in 2005, to...more
Market Trends: What You Need to Know -
As shown in the American Bar Association's Private Target Mergers and Acquisitions Deal Points Studies.
Over the nine ABA studies (2005-2021), indemnity caps have declined as a...more
Market Trends: What You Need to Know -
As shown in the American Bar Association's Private Target Mergers and Acquisitions Deal Points Studies...
Originally Published in Bloomberg Law - May 2022.
...more
Market Trends: What You Need to Know -
As shown in the American Bar Association’s Private Target Mergers and Acquisitions Deal Points Studies: -
Earnout provisions were included in 20% of the deals reported in the...more
Market Trends: What You Need to Know -
As shown in the American Bar Association’s Private Target Mergers and Acquisitions Deal Points Studies: -
Compliance with laws representations are almost always, barring highly...more
Market Trends: What You Need to Know -
As shown in the American Bar Association’s Private Target Mergers and Acquisitions Deal Points Studies:
Overall, alternative dispute resolution provisions are becoming less...more
Market Trends: What You Need to Know -
RWI is an increasingly important feature of private company M&A transactions. Every other year since 2005 the ABA has released its Private Target Mergers and Acquisitions Deal Point...more