Law360, New York ( December 9, 2015, 10:31 AM EST) -- The typical provision in a purchase and sale agreement requires the buyer, post-closing, to provide a "true-up" of net working capital at closing. If the contents of the "true-up" (items or amounts) are disputed, the seller is normally required to file a notice of objection thereto and if the parties cannot thereafter amicably resolve their differences, an accounting firm is generally appointed as independent expert to render a "final, conclusive and binding" decision....
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