Tag archives: assignment

Understanding landlord consents in share and asset purchase transactions

Transactions, whether share or asset purchase, may involve the transfer of real property interests. Some important considerations when drafting agreements for these transactions are: Are there any leases that are a part of the transferred assets? If so, is landlord consent required for assignment or change of control under these leases? Are the leases material, … Continue reading

Acquisitions in an insolvency context: mandatory assignment of contracts

Most due diligence processes in a business acquisition context require a review of material contracts and, in particular, a review of any restrictions on assignment of those contracts. When a business enters into a long term commercial contract with a customer, the identity of that particular counterparty may influence the terms of the contract. A … Continue reading
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