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
The U.S. Department of Justice Antitrust Division ("DOJ") recently announced significant revisions t...
Read More >
The European Central Bank announced on Thursday that is likely to revive the quantitative easing pro...
Read More >
On January 10, 2020, the Federal Trade Commission (FTC) and Department of Justice (DOJ) issued draft...
Read More >
When it comes to paying your arbitration fees in whole and on time, the stakes for California employ...
Read More >
A wildcat strike was not protected by the National Labor Relations Act (NLRA) once the striking empl...
Read More >
With Valentine’s Day around the corner, now is a good time to revisit your office romance policy. E...
Read More >