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Re: OINGO BOINGO post# 60676

Thursday, 12/13/2018 1:08:38 PM

Thursday, December 13, 2018 1:08:38 PM

Post# of 68548
Remember when they did the deal,
- LRS asked for certain representations from ECOS about corporate existence, qualification to do business, etc.
- ECOS gave these representations and signed the deal.

If they are not true it gives LRS a cause of action against ECOS for breach of the agreement. They have no liability.

LRS got their digester so they got what they wanted. If they want another digester they have leverage over ECOS sine ECOS would need to cure the representations that are not accurate.

I have had clients over the years that are willing to let ""little things" go at the signing of the deal since they know it gives them an upper hand later to get something else on better terms.

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