Two of the most common purchase price adjustment mechanisms in global M&A transactions are “closing accounts”/"working capital adjustments" and “lock box.” While working capital adjustments are regularly used in US-related M&A transactions, the concept of a lock box is less common and raises a number of questions for M&A professionals in the United States. In light of the geographical spread of lock box deals around the world, many US practitioners want to learn more about this concept—particularly if they come across lock box deals in overseas situations. Please join Mayer Brown partners André Schwanna (Germany) and Christian Fabian (Chicago) for a 30-minute teleconference where they’ll discuss:

  • Common price adjustment mechanisms in selected economic regions in the world
  • Key features of a lock box deal compared to transactions with closing accounts/working capital adjustments
  • Pros and cons and the practical impact
  • Trends in purchase price adjustments

Note: The program will be recorded. Please register even if you cannot attend to make sure you receive the link to the recording.

Teleconference Access
Instructions for accessing the program will be sent prior to the event.

For additional information, please contact Patricia Holland at +1 312 701 8835 or