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).