By leslieburkhammer | Published April 8, 2019 | Posted in Mergers & Acquisitions | Tagged Tags: mergers & acquisitions, MeToo movement, purchase and sale agreements | Comments Off on The Weinstein Clauses
The Weinstein Clauses
Have you been contemplating a merger and/or acquisition? If so, you may want to include “Weinstein Clauses” in the purchase and sale agreements. Such clauses require the target company, and/or its equity owners, to represent that, within a specific time period, no sexual harassment or assault allegations have been made against the company’s officers or Read More
Read MoreMergers and Acquisitions: Why Culture Matters
Mergers and acquisitions as a growth strategy has become popular once again. Like any business deal, the long-term success takes hard work and a strategic approach to creating synergy between companies. It is not uncommon that employees of an acquired company fear losing their jobs, complain about being in the dark, and feel demoralized regarding Read More
Read MoreBenefits of Forming a Business Partnership in California
Starting a business is a new and exciting adventure, but it is also one that requires asking a lot of important questions and making a lot of important, often irrevocable decisions. One of those decisions is which form your business should take. When forming a small business in California, you have six business entity Read More
Read MoreHow to Peacefully Break up With Your Business Partner in California
Much like when individuals enter into a marriage, when two individuals enter into a business partnership, they do so with starry-eyes and visions of success. What they do not foresee is all the hard work that goes into maintaining a working relationship, all of the disagreements that come with two strong-willed people making such large Read More
Read MoreLoose Lips Sink Ships: A Guide to Crafting an ‘Unsinkable’ Restrictive Covenant
In the beginning of an employment relationship, companies are usually not thinking about what might happen when the employee leaves the company. While it is not a good idea to assume a working relationship will not work out, it would be foolish to be unprepared in the event that it crumbles. Life and people are Read More
Read MoreExplaining Successor Employers: What You Need to Know
A large employer recently made headlines when it was found to be in violation of labor laws for its attempts to avoid its successorship obligations. When an employer takes over a project from another company, labor laws require that the employer keep the previous employees working on the project and pay them the wages they Read More
Read MoreMergers & Acquisitions: California Supreme Court Issues Corporate Friendly Insurance Decision
When companies engage in growth through a merger or acquisition, the intent is to build a stronger entity that will reap bigger benefits for shareholders. There are numerous complex considerations that a company’s leaders face when making such a decision, including whether there are any outstanding litigation issues that they need to be aware of Read More
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