What is a “Good Guy” Guarantee? In my last article, I mentioned the closing was contingent on, among other things, getting Sellers released from their “good guy” guarantees. What is a “good guy” guarantee? While NYC commercial real estate attorneys are familiar with these personal guarantees, I’ve encountered clients running small, closely-held businesses… Continue reading What is a “Good Guy” Guarantee?
Tag: Acquisitions
What’s the Difference Between a Simultaneous Sign and Close and a Bifurcated Closing?
What’s the Difference Between a Simultaneous Sign and Close and a Bifurcated Closing? In M&A transactions, parties sometimes use the term “Closing” to mean a myriad of things. However, there are practical differences between (i) simultaneously signing and closing the transaction contemplated by a purchase agreement (Type A) and (ii) signing the purchase agreement and… Continue reading What’s the Difference Between a Simultaneous Sign and Close and a Bifurcated Closing?
What Do You Know About M&A?
What Do You Know About M&A? {3 minutes to read} I love mergers and acquisitions (M&A)! I’m currently representing the Sellers of a relatively small private company to a first-time buyer. I was concerned about unnecessary transaction costs because the initial draft of the letter of intent required a Hart-Scott-Rodino (HSR) filing and for… Continue reading What Do You Know About M&A?
