Advising on the negotiation of a complex acquisition agreement can trigger some existential questions.
Nobody can be an expert at absolutely everything, despite what my web bio may suggest. Aside from being impossible, it wouldn’t leave any time for just relaxing — or “executive time” in the language of the U.S. president’s calendar.
Home court advantage is a much-discussed critical advantage in sports. In other contexts, home court also has clear benefits, including familiarity, efficiency and convenience.
When Randy Newman famously sang “short people got no reason to live,” he was parodying baseless prejudices, in that case against the vertically challenged. However, his lyrics would probably resonate with some issuers had they been prompted to focus on “short sellers,” who profit from share price reductions.
There are countless inspirational sayings, profound parables and charming children’s tales about co-operation. And there are comparatively few on constitutional law.
The term “MAC” appears, it seems, as often in M&A transaction agreements as it does in McDonald’s restaurants worldwide.
Part of what confuses the definition of misrepresentation is the different contexts in which it is considered.
Representations in M&A agreements may take on a different spin if they were evaluated in the fashion of current political discourse.
We all know words can have very different meanings depending on the context, intonation and other factors.
When there are dumb questions posed — and, occasionally, unfortunate answers received — the market will continue to see long lawyerly disclosures.