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titaniumjoe
May 30, 2023 02:52PM
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Magbeach2
May 30, 2023 03:41PM
Re: For Peter or Management

titaniumjoe
May 30, 2023 08:05PM

 Examples of successors and assigns clauses in contracts | Afterpattern

It really depends how the agreement is written - but this is a common clause to allow (typically the bigger party) such type of transactions in a limited way (buyouts, mergers, etc.).  As such, a smaller company can't leverage the bigger party in a way to sour their larger deal.

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