Laurus Transaction Advisors and our friend Gino Maurelli, a partner at Holme Roberts & Owen recently led a presentation on the nuances of working capital issues. We’ve been preaching for a while that these terms are complicated, can lead to unnecessary disputes if not drafted carefully, and often do not have enough detail spelled out in the merger agreement. This presentation does a good job of going through the relevant issues and outlining the matters that should be considered in drafting. I spoke with Gino, and he said anyone interested in getting a copy of the report should feel free to contact him at gino.maurelli@hro.com.