https://www.overlawyered.com/2008/03/the-dangers-of-doing-an-ma-agreement-over-a-weekend/ Chronicling the high cost of our legal system Sun, 18 May 2008 22:45:45 +0000 hourly 1 https://www.overlawyered.com/2008/03/the-dangers-of-doing-an-ma-agreement-over-a-weekend/comment-page-1/#comment-11355 Mon, 24 Mar 2008 15:17:08 +0000 http://overlawyered.com/wpblog/?p=6014#comment-11355 This wasn’t “inadvertent” by any stretch of the imagination. JP Morgan executives referenced it on the call following the announcement of the deal. The whole deal was intended to keep Bear in business, which couldn’t happen without JP Morgan guaranteeing Bear’s liabilities. JP Morgan is just pissed now that it has suddenly realized it won’t be able to get away with the highway robbery it had once envisioned. To blame the lawyers here is convenient, but doesn’t match up well to reality.

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