Tracking Alpha
What it is
The buyer's promise to fight in court, if a regulator sues to block the deal, to get the approvals.
On the site asBuyer must litigateBuyer must litigate for approvals
- Buyer must litigate for approvals
- Buyer need not litigate
- Duty to litigate not in the filings
How to read it
Yes when the agreement says the buyer must contest such a challenge, even without the word litigate; No when it says the buyer need not. The third protection dot.
- Buyer must litigate for approvals
- Buyer need not litigate
- Duty to litigate not in the filings
