Termination fees—also known as breakup fees—are now the most common type of lock-up device in M&A transactions. This webinar, presented by Strafford Publications, will discuss the purpose of termination fees for both the acquirer and the target, how they can impact other aspects of the deal, and recent decisions on enforceability of breakup fees. Speakers will also address the drafting components to breakup fee provisions, including trigger provisions and tiered fees, providing guidance on the negotiation of forward and reverse breakup fee provisions in acquisition agreements.
WilmerHale Partner Joseph Conahan will be a featured speaker during this webinar.