Everyone got very emotional and it wasn’t a good situation.

"Our shareholder representative was the former CEO of the acquired company. Twenty-four months later, after everyone’s memory had faded, the acquirer made claims on the escrow fund. The problem was that the shareholder rep now worked for the acquirer and didn’t want to get his hands dirty defending the escrow. Everyone got very emotional, and it wasn’t a good situation. To add to it, many of the principals with the investors had left their previous firms."