Venture capitalists (VCs) and angel investors have long valued close networks and personal
relationships when selecting which entrepreneurs to fund, and they closely monitor their …

Special purpose acquisition companies (SPACs) were the financial-legal hit of 2021, before
they weren't. Breaking records and displacing, to an extent, conventional initial public …

In a generation's time, collaborative methods of innovation have become a centerpiece of
modern economic organization. Rather than creating technology primarily in-house …

Defining the deal value in mergers and acquisitions is inherently complex and often
constitutes an inflection point for the parties involved. By paying part of the deal value at a …

As used in this chapter, mergers and acquisitions (M&A) consist of deliberate transfers of
control and ownership of businesses organized in one or more corporations. 2 M&A …

When private firms are acquired, buyers commonly rely on seller financing and earnouts.
Using a novel database of private acquisitions, I find that seller financing and earnouts …

A recent spate of private broadcasting deals has circumvented the statutory license for
sound recordings' for the first time ever and created a new, private intellectual property right …

SECURITY PLANS, INC. v. CUNA MUT. INS. SOC. 769 F.3d 807 (2014) SECURITY PLANS,
INC., f/k/a Creditor Services, Inc., Plaintiff-Appellant, v. CUNA MUTUAL INSURANCE …

This study investigates the economic consequences of the IFRS 3 (2008) requirement for fair
valuing earnouts. Using a hand-collected sample of earnout fair value estimates in …

George Akerlof's The Market for" Lemons" I and Henry Manne's Mergers and the Market for
Corporate Control. 2 The problems arise from the acquisition by M&A buyers of not just …