14Oct
The Latest Effort to Use Fraud to Overcome a No-Indemnity Deal—The Target’s Preparation of the Preliminary Closing Statement
The mere allegation of fraud has the potential of wreaking havoc with the carefully negotiated limits on liability specifically set forth in private company acquisition agreements. This is particularly true for the private equity seller distributing the proceeds of a portfolio company sale to its limited partners in reliance upon those limits on post-closing liability. And the use of robust and properly placed anti-reliance clauses to limit the universe of purported representations as to which...
By:
Weil, Gotshal & Manges LLP
Related
Welcome to the twelfth survey of sponsor-backed going private transactions prepared by Weil, Gotshal...
Read More >
Join us for the 12th annual “Selecting Project Delivery Methods & Bidding Public Construction Contr...
Read More >
As anticipated, in one of the last decisions before the end of Member McFerran’s term, the NLRB iss...
Read More >
On December 17, 2019, the National Labor Relations Board (“NLRB”) held that confidentiality mandat...
Read More >
When fee disclosure regulations were implemented, there were a few industry chicken littles that sug...
Read More >
By September 30, 2019, employers with 100 or more employees are required to submit certain pay data ...
Read More >