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.
There will never be another Yogi Berra. In the legal world alone, some court decisions call for the type of clarity epitomized by comments such as: “Nobody goes there anymore. It’s too crowded.”
In the theatrical production industry, there is much attention paid when shows continue to play for long periods.
Not being shy about demonstrating my stunning command of the blindingly obvious, I will share with you the startling insight that cross-border trading and ownership of securities will only continue to increase as markets globalize.
With the rapidly growing capitalization of publicly traded marijuana industry companies and the pace of consolidation in that space, a litigated M&A dispute between industry participants was fairly foreseeable.
Independence is a central element of the regulatory framework for corporate governance.