Negotiation and Information | Contracts and Lawsuits

ARTICLES

Withholding material information? The other side might be able to unwind the deal

October 21, 2011

You are about to agree to sell your business and discover a new piece of information which significantly impacts your business's prospects going forward.  The acquirer doesn't know about this information; should you tell them?  Are you required to tell them?  This article reviews such a situation, and explains how the result of the ensuing litigation should inform your behavior in contract negotiations. 

- Summary by FizzLaw Team

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Withholding material information? The other side might be able to unwind the deal

AUTHOR

D. C. Toedt

D. C. Toedt