Purchase and Sale Agreements: Drafting Post-Closing Purchase Provisions

When purchase and sale agreements contain a post-closing purchase price adjustment provisions, there is a great likelihood that issue of the correct amount of the post-closing purchase price adjustment will wind up in litigation. A great majority of the time, the reason for the litigation is that the post-closing purchase price adjustment provision contained in the purchase and sale agreement was poorly drafted from an accounting perspective. This program will highlight some of the pitfalls in drafting these provisions and will demonstrate how the very careful and correct drafting of these provisions can help avoid litigation.

Speakers

Dennis S. Neier, Dicicco, Gulman & Company LLP

Elisabeth O. da Silva, Dicicco, Gulman & Company LLP

Eric Rieder, Esq., Bryan Cave Leighton Raisner LLP