Legal Aspects of Mergers Acquisitions (UK Oil & Gas): M&A Contracts

Legal Aspects of Mergers & Acquisitions (UK Oil & Gas): M&A Contracts REFERENCING: OSCOLA (Very Important)- All references and bibliography must be fully checked and in the correct OSCOLA form and format for academic legal works. WORD COUNT: 2500 (+/- 10%) - (FOOTNOTES ARE NOT INCLUDED IN WORD COUNT) FONT: Arial or Verdana FONT SIZE: 11 ALIGNMENT: left Aligned, with 1.5" Spacing and be on one side of A4 paper GENERAL: Essays must include footnotes (references), be Word processed, Fully Referenced, and must Include a bibliography LANGUAGE: BRITISH (ENGLISH) REFERENCES: 15-20 TASK: Prepare and submit an essay​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​ discussing the following question: QUESTION: When drafting an upstream M&A contract, how would you protect the buyer against pre-closing changes affecting the target’s circumstances -- such as changes to regulatory matters (changes affecting the licence), physical installations, environmental impact (e.g., a sudden oil spill or production shut in)? Once you have identified the clause that needs to be drafted, and discussed why such a provision matters in an M&A contract, you should highlight and discuss the typical language (wording) expected to be found in this provision and explain why UK courts expect them to be carefully draf​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​ted.