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
In this edition of Orrick’s series of life sciences publications, the traditional update on broader...
Read More >
A lot has happened since the Fair Work Commission (FWC) commenced its review of modern awards in 201...
Read More >
The EU Foreign Direct Investment Regulation will be in full force from October 11, 2020. We expect i...
Read More >
With a constantly evolving legal landscape, colleges, universities and independent schools encounter...
Read More >
On February 18, 2020, Proskauer attended a Compensation Roundtable held at the Department of Labor p...
Read More >
Supreme Return. The Supreme Court of the United States kicked off its 2019 term this week with a few...
Read More >