There are a lot of manufacturers out in the market looking to buy. Many “strategic” buyers are taking advantage of healthy balance sheets that are bolstered by a lot of cash. A few weeks ago, I attended a presentation by an investment banker that cited publicly-available estimates of nearly $3.5 trillion in cash reserves among
mergers
The Hidden Assassin: How This Contractual Provision Can Derail A Manufacturer’s Acquisition Plans
By Jeffrey White on
Posted in Contracts, Supply Chain
An”anti-assignment” clause can be the death knell of any deal involving the sale or purchase of a manufacturing company. You might ask: what is an anti-assignment clause? Here is the typical language that is often buried at the end of many types of contracts, including those with your suppliers and customers:
Seller shall not assign
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