Watch out for earn-out
|Area||Corporate Finance and Securities|
Article originally published in the Canadian Lawyer Magazine, October 2015
Excerpt from "Watch out for earn-out":
Some of us are blessed to be good with tools, others less so. When we bought our first house, our agent gave me a tool kit for household repairs, which gave all of us the gift of laughter. Efforts to maintain a façade diplomatically endure: When something is wrong in our home, my wife has the grace to wait for me to go downstairs, count down what would seem to be a reasonable time for a semi-intelligent assessment of the problem (probably while superficially investigating a piece of machinery that has been disconnected for decades), and then return invariably without a solution (or, frankly, the remotest clue) before calling someone actually capable.