Corporate
Apr. 30, 2013
Sellers are gaining leverage as economy improves
After the 2008 financial crisis, amid an unstable lending market, buyers had the upper hand when negotiating deal terms.
Daily Journal Staff Writer
After the 2008 financial crisis, amid an unstable lending market, buyers had the upper hand when negotiating deal terms. But the revitalizing economy has flipped that power dynamic, and corporate lawyers now say sellers have a leg up when placing certain conditions on deals.
One provision in particular gained traction during the downturn: a buyer's option to pull out if its financing arrangements fa...
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