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Drafting & review · Risk allocation

You're reviewing the net working capital section of a purchase agreement before it's signed. Which definitions and mechanics do you mark up, and what disputes are you preventing?

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I mark up the definitions before the numbers, because every post-close dispute is really a definitions dispute.…

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Concepts behind this questionContract anatomy: where the risk lives and how to move itTightening vague standards: from 'reasonable' to measurable
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