by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is a Bought Deal?A bought deal is a type of deal in which an underwriter, an investment bank or a syndicate commits to purchasing the entire stock of a company in an initial public offering (IPO), even before the preliminary. In a bought deal, the investment bank...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is a Keepwell Agreement? Keep-well agreement refers to a legal contract initiated by a parent company to its subsidiary, for the purpose of maintaining financial backing and solvency, throughout the agreed period. A subsidiary refers to a company with fifty...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is a Gray Knight? A gray knight refers to a potential acquirer in a public merger or acquisition that takes advantage of a hostile takeover to assume control of the company. The possible buyer is also known as a secondary or separate party in a takeover to the...
by Jason M. Gordon | Feb 23, 2025 | Legal Disputes - Civil & Criminal Law
What is the American Rule?The American rule is the rule that says that no matter the winner in a case, each party bears its own attorneys fees. This is different in the English common law in which the party that loses a case pays the cost for the party who wins. Every...
by Jason M. Gordon | Feb 23, 2025 | HR, Employment, Labor, & Discrimination
What is a Reload Option?A reload an option is a form of compensation where an employee is granted additional stock options (ESO) whenever he exercises the previously granted options. The additional stock options granted under a reload option maintains the same...
