Continue reading "Lockout Agreements: Worth the wait?"
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Lockout Agreements: Worth the wait?
Ruth Atkins asks whether exclusivity agreements are worth the effort, or whether they simply serve as a distraction from negotiating the main transaction ‘A lockout agreement does not oblige either party to complete the sale (or letting)… there is nothing to prevent the seller from simply ‘sitting out’ the agreement and then dealing with a …
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