Big Boy Letter | Practical Law

Big Boy Letter | Practical Law

A letter formalizing an agreement between parties to a securities transaction where one or both parties have material non-public information and the party that does not possess the material non-public information agrees not to sue the other party for violations of insider trading laws based on the existence of the material non-public information. This Standard Document has integrated notes with important explanations and drafting tips.

Big Boy Letter

Practical Law Standard Document 9-500-0868 (Approx. 10 pages)

Big Boy Letter

by Practical Law Corporate & Securities
MaintainedUSA (National/Federal)
A letter formalizing an agreement between parties to a securities transaction where one or both parties have material non-public information and the party that does not possess the material non-public information agrees not to sue the other party for violations of insider trading laws based on the existence of the material non-public information. This Standard Document has integrated notes with important explanations and drafting tips.