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INFOGRAPHIC: How a Startup Grows

The attached infographic shows an example of a company’s journey from its beginning to initial public offering (IPO). Your startup may or may not follow this exact path – some stages may be compressed into one, and others may be separated into different parts. Your company may receive a buyout offer somewhere along the way. …

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Could the COVID-19 Coronavirus from Wuhan, China be a Terminal Illness for your Contract? Force Majeure, Acts of God, and Your Business

  PLEASE FOLLOW THE ADVICE BEING GIVEN TO YOU BY MEDICAL PROFESSIONALS OR GOVERNMENT AUTHORITIES AS THE COVID-19 SITUATION DEVELOPS AROUND THE WORLD   Many people are now under quarantine or “social distancing” measures due to the novel coronavirus that was spawned in Wuhan, China and is now sweeping the globe. Of course, this virus …

Could the COVID-19 Coronavirus from Wuhan, China be a Terminal Illness for your Contract? Force Majeure, Acts of God, and Your Business Read More »

Transition Services Agreements: overview and new developments

A key component of some M&A transactions is the Transition Services Agreement, or TSA. The TSA essentially answers the question: what services is the seller required to continue providing to the buyer, for how long, and upon what terms? The TSA is a separate legal agreement from the acquisition agreement, covering certain services to be …

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Is Your Deal’s “Exclusive Remedy” Really Exclusive? Delaware Chancellors Say… Maybe Not

The Delaware Court of Chancery is the premier forum for complex corporate law disputes. The Chancellors recently clarified some issues regarding the exclusivity (or lack thereof) of purportedly exclusive termination fees for M&A deals, including an exercise in precise reading of contractual language. Corporate lawyers and other deal professionals should all be paying attention. The Deal In …

Is Your Deal’s “Exclusive Remedy” Really Exclusive? Delaware Chancellors Say… Maybe Not Read More »

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