X
28Jan

The Limits of Liability Limitation Provisions

There are few things more fundamental to the sell-side private equity deal practice than, to the maximum extent possible, (1) establishing a contractual cap on post-closing liability for breaches of reps and warranties made by the target company or the selling stockholders and (2) contractually exonerating/releasing the selling entity’s human agents and nonparty affiliates from any exposure to tort liability arising from or related to the transactions that are the subject of the private company...
By: Weil, Gotshal & Manges LLP
Source Url: https://www.jdsupra.com/legalnews/the-limits-of-liability-limitation-8238936/

Related

Fifth Circuit Finds EEOC Did Not Have Authority to Issue 2012 Criminal History Guidance

On August 6, 2019, in State of Texas v. Equal Employment Opportunity Commission, the U.S. Court of A...

Read More >

Offshore wind farms (OWF) – an update from Poland

With costs coming down, a pre-existing supply chain, and other sites being developed nearby, Poland ...

Read More >

New Studies Show Traumatic Brain Injury Doubles the Risk of Suicide

A Traumatic Brain Injury (TBI) is one of the common types of injuries that can occur in a motor vehi...

Read More >

OSHA Releases Annual “Top 10”

With the end of the federal government’s fiscal year having ended on September 30, OSHA recently re...

Read More >

Don’t bill for someone else’s work

You’ve got a lot on your plate as a retirement plan provider and the last thing you need is more he...

Read More >

New Jersey Lawmakers Increase Employment Protections for Medical Marijuana Users

As of July 2, 2019, New Jersey law protects medicinal cannabis users in the terms and conditions of ...

Read More >