The devaluation of sterling has resulted in some of our US clients exploring acquisition opportunities in sectors where they perceive value, notwithstanding the Bank of England's prognosis of a worsening outlook for the UK economy. We have from time to time reminded our US clients of the different approach to business acquisitions taken by attorneys in the UK and US.
Please click here for a link to our updated guidance which considers in some depth how representations and warranties, indemnities, disclosure, limitation, completion or post-completion adjustments, earn outs and post-completion restructuring are typically dealt with on UK and US acquisitions.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
