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Expert or Arbitrator? Resolving Purchase Price Adjustment Disputes

Shephard Mullin M&A

8] Morris, Nichols, Arsht & Tunnell v. Action Servs., 15] In summary, if arbitration is desired, the purchase agreement should (1) clearly state that the parties intend that the accountant act as arbitrator, and (2) specifically refer to a set of procedural rules to govern the arbitration. 6] See New York Bar at 22. [7]