Earnout Period Pitfalls: Covenant to Operate “Consistent With Past Practices” Precluded Early Dismissal of Earnout Claim (Edinburgh); Delayed Closing Led to the Earnout Period Starting Before the Closing (Glidepath)

Earnout Period Pitfalls: Covenant to Operate “Consistent With Past Practices” Precluded Early Dismissal of Earnout Claim (Edinburgh); Delayed Closing Led to the Earnout Period Starting Before the Closing (Glidepath)


The M&A Lawyer
By: Gail Weinstein, Robert C. Schwenkel, Brian T. Mangino, David L. Shaw

The M&A Lawyer republished a Fried Frank M&A/Private Equity Briefing™, titled “Earnout Period Pitfalls–A Covenant to Operate 'Consistent with Past Practices' Precluded Early Dismissal of an Earnout Claim (Edinburgh); A Delayed Closing Led to the Earnout Period Starting Before the Closing (Glidepath).”
 

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