Roughneck Mag

Opinion

Funding Your Buy Sell Agreement
Opinion

Funding Your Buy Sell Agreement

By Maurice Walch Typically, when there are a number of shareholders in a company, if a partner/shareholder leaves, the remaining shareholders will buy out the departing partner’s interest. Effectively, each partner has a potential unfunded liability as they will need to come up with the cash for their portion of the buyout. Alternatively, the company…

What’s in Your Buy Sell Agreement?
Opinion

What’s in Your Buy Sell Agreement?

By Maurice Walch Many people believe the Shareholders Agreement is a Buy Sell Agreement (BSA) and vice versa. However, a BSA can form part of a Shareholders Agreement or it can be an entirely separate document. As the Shareholders Agreement is built to establish trust necessary to build and operate the company, the BSA is…

CAPP- Who Are They Talking To?
Opinion

CAPP- Who Are They Talking To?

By Scott Jeffrey, Publisher It’s easy to preach to the converted. With an industry association like CAPP, the converted are obviously their member companies, both producer and supplier alike. CAPP members don’t need to be reminded of the benefits that accrue to their companies and the entire nation through the responsible development and disposition for…