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Despite the best laid plans and careful draftsmanship, errors occur in transactions and their underlying documents.
The parties may have had a misunderstanding of a crucial fact or there may have been a misunderstanding of the applicable law, leaving the parties with a practically or legally defective arrangement.
Or a simple drafting error may have been made in one or more of the transaction’s underlying documents.
Rescission, backdating and other forms of transactional modification are available to correct these mistakes.
This program provides a practical guide to using rescission, backdating and other forms of modification to fix transactional errors, teach you about the best uses and limits of each technique, and discuss the tax and other consequences of using these techniques.
March 12, 2018 1:00 PM Eastern
NCBA Member Price:
NC State Bar
Mandatory Continuing Legal Education (MCLE) and Certified Paralegal Education (CPE) (Total): 1.00