Legal Due Diligence: Beware of Credit Assignments

The assignment contracts Credit assignment is the contract by which the creditor (assignor) transfers its right to credit to a third party (assignee), who will collect it from the debtor (assigned). This is an increasingly common practice, involving not only banking...

Earn out clause? Valid with due care.

In a share deal or in an asset deal agreement, the earn out is the additional price, based on a future company’s performance, that the buyer pays to the seller in addition to the fixed base price. The earn out clause sets out both the performance parameter to be...
1 2 3