A Tale of Three Appraisals

Once upon a time, not too long ago, there was a contract and a client. The contract gave the client an option to buy a business based on obtaining three appraisals. After the first two appraisals were for the same amount, the seller told the client that he would waive the third appraisal. The seller […] Read More

No Deal Breaker

Recently, a client using a form agreement we had drafted told me that a Big, Important Customer had wanted to make changes to the agreement. It was “just boilerplate” – not financial – so the client made the changes without conferring with counsel. The Customer’s legal department said that they wanted the client, an entertainment […] Read More