Deal Contract Language Revamped After Meltdown

Law360, New York (September 14, 2009, 1:46 PM EDT) -- Along with altering the size and number of deals, the financial meltdown has led to significant changes in how deals are structured and the provisions agreements contain, according to attorneys specializing in mergers, acquisitions and financing arrangements.

Three years ago, buyers and sellers were not as concerned about “companies melting down overnight” or a financing provider becoming insolvent or no longer existing, said Matthew Herman, a partner at Freshfields Bruckhaus Deringer LLP who handles mergers and acquisitions.

But that has all changed, Herman said.

Now buyers,...
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