Most-Favored-Nation Effects in Private Equity: Uncertain

March 2, 2015

By: Thomas Volet

Thomas Volet discusses  the operation of a side letter’s most-favored-nation provision (MFN) on the substantive provisions of another investor’s side letter. It is believed that significant uncertainty pervades that interaction, as a function of differing perspectives on the scope of benefits arising in those substantive provisions.

This article originally appeared in Law360, New York (March 2, 2015).

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