Partner, Payal Salsburg, was recently quoted in an article entitled, “In family business dispute, appraisal right deemed waived” which was published in Massachusetts Lawyers Weekly’s April 7th issue. According to the article, the case provides warns attorneys to be familiar with documents controlling the purchase of equity, especially when there are multiple integrated agreements.
Payal is quoted in connection with Judge Salinger’s decision, saying it is “a lesson on the best way to draft amendments to an agreement, said Payal Salsburg of Boston. If a contract provision has seven “sub-provisions” and only one is being changed, it still may be best to strike the provision in its entirety and then incorporate any language being retained into the new provision, she said. Failure to do so just creates unnecessary complications when it comes time to interpret the language.”
To read the full article: Mass Lawyers Weekly, April 2023