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50 Prac. Law. 27 (2004)
Introduction to Antidilution Provisions (Part 1), An

handle is hein.ali/praclaw0050 and id is 153 raw text is: An Introduction To Antidilution Provisions (Part 1) David A. Broadwin Dilution in the value of stock is always a danger. And the only way to guard against it is through a carefully drafted antidiltion provision. _U! DURING THE INVESTMENT BUBBLE of the late '90s when it seemed as if all investments always went up, issuers, investors, bankers, and attorneys did not spend a lot of time worrying about those long sections in the middle of the preferred stock or convertible note terms that govern the soporific topic of antidilution. Clients did not read them because they are too boring (after all, the lawyers read them), part- ners at law firms asked associates at law firms to read them (after all, it is good for the associates to work through the issues), and associates skimmed them (after all, they must be correct since they came from the last deal and someone else reviewed them then). All it takes is one down round to send everyone scurrying to read David A. Broadwin is a partner of the firm of Foley Hoag LLP, in Boston.