Axial Interviews Michael Shaw on How Sellers Can Minimize Risk During Exclusivity Periods

Michael Shaw, principal in the firm's Corporate & Finance group, was featured in an article for Axial about how sellers of private companies can mitigate risk during exclusivity periods. He notes that virtually every deal involves a no-shop phase and sellers can protect themselves by creating milestones that must be met by the buyer so that if the deal doesn't stay on track, the seller has the right to get out of exclusivity.