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Category: #Finterms

#Finterms: Connelly v. United States

Connelly v. United States is a 2023 legal case that involved the valuation of business shares in a buy-sell agreement. The case upended several longstanding precedents and highlighted new legal considerations for buy-sell agreements.

#Finterms: The Right-of-First-Refusal

The Right-of-First-Refusal is a common provision in buy-sell agreements. This provision gives existing business partners the opportunity to purchase a departing partner's shares before they are offered to an outside party. The shares must be offered to existing partners at a specified price outlined in the buy-sell agreement. This protects existing owners by allowing the business to remain in their...

#Finterms: Come-Along Rights

Come-Along Rights protect minority shareholders in a buy-sell agreement by allowing them to participate in any sales initiated by majority shareholders.

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#Finterms: Connelly v. United States

#Finterms: The Right-of-First-Refusal

#Finterms: Come-Along Rights