DRAFTING ESCROW AGREEMENTS IN BUSINESS AND REAL ESTATEEscrow Agreement • March 8th, 2021 • New York
Escrow agreements are essential to most significant business and real estate transactions. They are mechanisms for allocating risks – whether for non-performance or contingent liabilities – among the parties to the transaction. In business transactions, an investor in a capital funding deal or a buyer in a merger transaction may be unwilling to close the transaction unless funds are held back until certain contingencies fail to materialize. In real estate deals from construction projects to leasing, counter-parties mitigate the risk of non-performance through escrow arrangements. But escrow agreements are fraught with potential conflicts and traps that may give rise to delays in finally closing a transaction. This program will provide you with a practical guide to drafting effective escrow agreements in business and real estate transactions, risk allocation, conflict avoidance and working with escrow agents.
ESCROW AGREEMENTS IN REAL ESTATEEscrow Agreement • December 6th, 2016 • New York
Escrow agreements are essential in virtually all significant transactions. They are mechanisms for allocating risk among the parties to the transaction. Escrow agents are charged with determining whether certain contractual conditions are satisfied, justifying the disbursement of money or property from one of the parties to another party. Escrow arrangements mitigate the risk of non-performance by one of the parties. But escrow agreements are fraught with potential conflicts and traps that may give rise to delays in finally closing a transaction. This program will provide you with a practical guide to drafting effective escrow agreements, risk allocation, conflict avoidance and working with escrow agents.