Legal Insights

Page 8 of 17. Practical M&A and securities guidance from deal counsel.

Joint Venture Deadlock and Exit Mechanisms

A comprehensive guide to JV deadlock definition and escalation, Russian roulette and Texas shootout buy-sell provisions, push-pull mechanics, put-call options, mandatory buyout triggers, fair value appraisal procedures, ROFR, tag-along, drag-along, termination events, IP allocation on exit, wind-up, and post-dissolution obligations.

Apr 17, 2026

Law Firm Merger and Acquisition: Ethics and Structure

Law firm mergers and acquisitions raise distinct ethical obligations under Model Rules 1.17, 1.5, 1.10, 5.4, and 5.6. This guide covers deal structures, conflict checks, client notice and consent, trust account transfer, tail coverage, and partner integration across multi-state firm combinations.

Apr 17, 2026

Liquor License Transfer in Restaurant Acquisitions

Liquor license transfer in restaurant acquisitions involves state ABC commission approvals, person-to-person and premises-to-premises transfer types, escrow holds, conditional closings, interim management agreements, quota caps, dram shop liability, SBA financing, and chain portfolio transfers. This guide covers the complete framework buyers and sellers need before signing.

Apr 17, 2026

Out-of-Court Distressed M&A: ABCs and Article 9 Sales

A structured legal guide to out-of-court distressed M&A transactions, covering Assignment for the Benefit of Creditors under Delaware and California law, Article 9 UCC foreclosure sales, the commercially reasonable manner standard, friendly Article 9 dispositions, state court and federal equity receiverships, workout structures, exchange offers, deep-discount debt acquisitions, and successor liability exposure outside Chapter 11.

Apr 17, 2026

Owned Real Estate Due Diligence in M&A

Owned real estate in M&A requires parallel diligence on title commitments, ALTA surveys, Phase I and Phase II ESAs, zoning compliance, and property tax obligations. This guide covers Schedule B-II exceptions, recognized environmental conditions, TIF agreements, mineral rights, mechanic's liens, wetlands, and title insurance endorsements for business acquisitions involving owned property.

Apr 17, 2026

RIA M&A: Client Consents and Advisers Act Compliance

A detailed legal analysis of RIA M&A transactions: Section 205(a)(2) assignment prohibition, direct and indirect assignment triggers, negative consent mechanics, affirmative consent requirements, ADV amendment timing, custody rule implications, IAR transitions, books and records transfer, state notice filings, and successor adviser liability.

Apr 17, 2026

Restaurant Lease Assignment in M&A: Landlord Consent

Restaurant lease assignment in M&A involves landlord consent standards, recapture rights, transfer fees, guaranty rollover, SNDA agreements, tenant estoppel certificates, change of ownership triggers, exclusive use clauses, rent escalation on transfer, ADA obligations, and holdover risk. This guide covers the complete legal framework for buyers and sellers.

Apr 17, 2026

RWI Claims Process and Recovery: From Notice to Payment

A structured legal guide to the representations and warranties insurance claims process, covering prompt notice requirements, claim documentation, insurer reservation of rights, third-party defense obligations, first-party loss proof, common claim types including financial statement and tax rep claims, loss measurement, expert witnesses, mediation and arbitration, coverage denial remedies, and claims statistics.

Apr 17, 2026

RWI Policy Terms, Retention, and Coverage Caps Explained

Representations and warranties insurance policy economics turn on retention levels, coverage limits, knowledge scrapes, the definition of loss, policy periods, and premium calculation. This guide covers each economic term, how they interact with the purchase agreement, and how buyers negotiate favorable structures in middle-market and upper-market M&A transactions.

Apr 17, 2026

SaaS Valuation Multiples: How ARR and NRR Shape Price

SaaS companies are valued on revenue multiples, not EBITDA. This guide explains the metrics that drive those multiples: ARR, NRR, Rule of 40, CAC payback, gross margin, customer concentration, contract length, churn, and deferred revenue mechanics at close.

Apr 17, 2026

SaaS Customer Contract Assignment and Change of Control

A detailed legal analysis of SaaS customer contract assignment and change-of-control clauses in M&A: assignability language, stock vs. asset deal impact, anti-assignment defaults, MFC clause exposure, customer consent strategy, data processing agreement novation under GDPR Article 28 and CCPA, SLA carryover, audit rights transfer, and closing conditions tied to customer consent thresholds.

Apr 17, 2026

Sale-Leaseback Transactions in M&A: Structuring Guide

Sale-leaseback transactions in M&A separate operating company value from real property and can fund a portion of the deal. This guide covers cap rate mechanics, OpCo-PropCo structure, triple-net lease terms, FASB ASC 842, tax treatment for buyers and sellers, investor buyer landscape, and due diligence scope for sale-leaseback closings.

Apr 17, 2026

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