We use cookies to deliver our online services. Details of the cookies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you agree to our use of cookies. To close this message click close.

Walk away rights and break fees: are these deal breakers?

July 2012

Legal Insight
In deals there is often a gap between signing of the share purchase agreement and completion of the sale of the shares.  This is so regulatory issues such as the approval of FAS or Strategic Law approval can be dealt with.  Buyers will typically ask for certain protections in this period including that the business is run in the ordinary course of business and they have walk away rights.
Loading data