Person signing a contract

INSIGHT: Not so risky business
How to increase transaction closing certainty

Bloomberg Tax

Authors:

William D. Davis II
 
Kaitlin Lolie McLellan
 

United States |  Publication |  September 2020

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What do you do when a buyer backs out? One option is to have a liquidated damages clause in the agreement. William D. Davis II and Kaitlin L. McLellan of Norton Rose Fulbright explain how liquidated damages can be used to shift additional risk to the buyer and increase closing certainty.

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Contacts

William D. Davis II
William D. Davis II
Partner
T: +1 713 651 8334
william.davisii@nortonrosefulbright.com
Kaitlin Lolie McLellan
Kaitlin Lolie McLellan
Associate
T: +1 713 651 5285
kaitlin.mclellan@nortonrosefulbright.com

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