
Legal Environment 5th Edition by Jeffrey Beatty,Susan Samuelson
النسخة 5الرقم المعياري الدولي: 978-1133587491
Legal Environment 5th Edition by Jeffrey Beatty,Susan Samuelson
النسخة 5الرقم المعياري الدولي: 978-1133587491 تمرين 15
Blair Co.'s top officers approached an investment bank to find a buyer for the company. The bank sent an engagement letter to Blair with the following language:
If, within 24 months after the termination of this agreement, Blair is bought by anyone with whom Bank has had substantial discussions about such a sale, Blair must pay Bank its full fee.
Is there any problem with the drafting of this provision? What could be done to clarify the language?
If, within 24 months after the termination of this agreement, Blair is bought by anyone with whom Bank has had substantial discussions about such a sale, Blair must pay Bank its full fee.
Is there any problem with the drafting of this provision? What could be done to clarify the language?
التوضيح
Problem in drafting the case provision i...
Legal Environment 5th Edition by Jeffrey Beatty,Susan Samuelson
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