A buyer and seller will enter into an agreement of exclusivity during which the seller cannot engage with other would-be buyers. In the past, shopping periods were drawn out and sellers received more than one bid. Today, sellers move faster and want exclusivity with buyers during the due diligence process, says Lisa Alter of Alter Kendrick & Baron. “Now buyers are really putting their best deals forward immediately and trying to lock deals up to keep them out of the hands of their competitors.” (Subscription required to read the full article.)
Alter, Kendrick & Baron and partners Lisa Alter and Katie Baron have been named to Billboard’s 2020 “Dealmakers Directory.” Each year, Billboard publishes a guide to the in-demand attorneys, consultants, appraisers and investment banks that facilitate song catalog sales.
Attorneys in the publishing business say they’re taking more calls from songwriters interested in selling before the president-elect takes office.
"We have every indication," says Lisa Alter, a founding partner at the law firm Alter Kendrick & Baron who has represented a number of creators as well as Primary Wave, "that the market for music assets will remain strong through 2021 and beyond."
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The firm is pleased to announce that it has been selected for inclusion by U.S. News & World Report on its 2021 list of “Best Law Firms.” The firm achieved rankings in the practice area of Entertainment Law - Music.
“Best Law Firms” rankings are based on a rigorous evaluation process that includes the collection of client and lawyer evaluations and peer reviews from leading attorneys in the firm’s field. Peers and clients evaluate firms based on a set of criteria including responsiveness, cost-effectiveness, integrity and civility, as well as whether they would refer a matter to the firm and/or consider the firm a worthy competitor.
Katie Baron has been named to Billboard’s prestigious 2020 “40 Under 40” List. Each year, the competitive list profiles top young power players driving the music industry forward with their artistic and business vision.
