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
Dear Group Members, In light of the cancellation of the 2020 Spring Semi-Annual Conference, WLG has...
Read More >
On Friday, March 13, 2020, the Federal Trade Commission (“FTC”) issued a press release regarding c...
Read More >
Prior to the new year, the National Labor Relations Board (NLRB or Board) made several big moves, ap...
Read More >
In what can be considered a triumph for common sense, the National Labor Relations Board [“NLRB” o...
Read More >
The American Institute of Architects (“AIA”) produces form contract documents widely used in the c...
Read More >
Primary HSR filing threshold will be decreased to $92 million - The Federal Trade Commission has a...
Read More >