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Buyer and Seller Litigate Accountant Selection for Working Capital Calculation Dispute

Introduction The amount of the purchase price in a business acquisition is often finetuned in the purchase agreement by a working capital mechanism; where the working capital at closing is calculated after the closing. The deal That was the case

Posted in dispute resolution procedure, purchase price, working capital adjustment Tagged with:

Purchase agreement required working capital dispute to be resolved by arbitration not expert determination

Seller is a Delaware corporation involved in the enterprise risk intelligence software business. On October 16, 2017, Seller and Buyer entered into an asset purchase agreement under which Buyer purchased substantially all of Seller’s assets. The asset purchase agreement provided for a

Posted in arbitration vs expert determination, dispute resolution provision, purchase price, working capital adjustment Tagged with:

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