Working on a deal where buyer's side keeps on insisting on a POA to effectuate all actions of Seller under the agreement, including executing documents. I keep striking this and commenting that this is not standard. Has anyone dealt with this? I am okay with a limited POA based on the industry of the Seller, but not this general POA.

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What law firm are you across from? This strikes me as a wildly unrealistic ask

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I got this same ask recently from counsel representing the buyer of a MINORITY interest. Like, no….we’re not letting the 1/3 owner have POA over the whole thing….Keep pushing back and say it’s a hard no.

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Super fucking weird.

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Have you asked them why they want this?

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Interesting - this is very common in the UK especially on small to mid cap M&A.

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Yikes, no, this is not at all common in the US.

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