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Have you ever negotiated a contract where the other party
deliberately conceals information from you, intending to take
advantage of that information after the deal is done? The other
party is trying to “sandbag” you and believe it or not,
some contracts for the purchase of a business contain provisions
drafted specifically for this purpose. If you are selling your
business, you need an experienced lawyer to ensure that sandbag
clauses are removed from the purchase and sale agreement. In fact,
depending on the situation, your lawyer may even insist on
including an “anti-sandbag” clause in the purchase
agreement.
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