Company is a gulf coast environmental remediation company. Buyer, an affiliate of private equity firm Halifax Group LLC, became interested in Company, which was then engaged in a profitable clean-up project. On March 31, 2014 Buyer purchased Company from Sellers…
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Categories
- "as is where is"
- actual notice to known creditors
- alter ego
- anti-destruction clause
- anti-reliance clause
- asset buyer's assumption of seller's liabilities by contract
- asset seller's liabilities
- asset vs stock deal
- Assignment
- assignment of contracts
- assumed liabilities
- bankruptcy sale
- boilerplate provisions
- book value adjustment
- breach of contract
- buyer assumption of seller's contracts
- buyer's assumption of seller liabilities in asset acquisition
- buying distribution business
- cash and cash equivalents
- closing
- commercially reasonable efforts
- compliance with all applicable laws
- conditions to closing for buyer's benefit
- constructive knowledge
- covenant not to compete
- Covenants
- customer list
- damages
- de facto merger exception
- deferred closing
- dental practice sale
- Description of business assets purchased
- discharge in bankruptcy
- distressed business acquisitions
- doing deal with company's officer or director
- due diligence
- duty to warn
- earn out
- earn outs
- earnout as ownership interest in buyer
- employment agreement
- enforce against nonparty
- escrow
- excluded liabilities
- exclusive remedy
- exclusivity provision
- executory contracts
- extra-contractual fraud
- Family and Medical Leave Act
- federal employment discrimination liability
- federal multiemployer pension plan withdrawal liability
- federal wage and hour violations
- fee based upon buyer debt assumption
- financing acquisition issues
- financing contingency
- for cause termination
- force majeure
- forum selection clause
- fraud carveout
- fraud in business sale
- fraudulent intent
- fraudulent omission
- full disclosure rep
- hiring seller's employees
- implied covenant of good faith and fair dealing
- indemnification
- insurance requirements
- integration clause
- investment banker/business broker
- joint venture
- key employees of target
- layoff notice law or Warn Act
- leases
- letter of intent
- liquidated damages provision
- misleading personal financial statement
- missing attachment to acquisition document
- multi-employer pension plan
- mutual mistake
- net working capital adjustment
- no oral modifications of contract
- no pending government investigations or inquiries
- nondisclosure agreement
- nonsolicitation of employees and customers
- notice provision
- officer or director's fiduciary duty to disclose
- offset or setoff provision
- offset right
- overly complicated language in contract
- owner liability for company breach of financing deal
- personal goodwill
- personal guaranty
- piercing veil of acquisition subsidiary
- post asset purchase issues
- post signing asset valuation
- products line exception
- promissory note
- punitive damages
- purchase price
- purchase price adjustment
- ratifying unassumed contract by post-closing action
- reformation
- reformation of contract
- reliance
- representations and warranties
- rescission
- revenue and profit projections
- sale leaseback
- sale of assets of business
- sale of business to ESOP
- securing buyer's note
- securing deferred purchase price
- security agreement
- seller's age discrimination claims
- seller's federal injunctions
- seller's warranty claims
- shareholder release
- stay bonus
- step-down provision
- stock purchase agreement
- success fee
- successor liability
- survival of reps and warranties
- target's stock options
- tax benefit sharing
- Taxation
- third party beneficiary clause
- timely objection to indemnification claim
- tort misrepresentation in M&A
- tortious interference with prospective economic advantage
- trade secret misappropriation
- trade secret misappropriation by former seller employee
- transitory services contracts
- Uncategorized
- unemployment tax rate liability
- union fringe benefits
- union liabilities
- waiver of contractual provision
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