New Article: "Contractual Limitations on Seller Liability in M&A Transactions"

Acquisition agreements for closely held businesses frequently incorporate well-defined risk shifting provisions. The buyer seeks to shift risks in the acquisition agreement to the seller through detailed representations, provisions that condition its obligation to close upon the correctness of those representations and provisions that obligate seller to indemnify buyer for losses buyer may suffer as a result of seller breaches and other events.  To continue reading, please click the link http://images.jw.com/com/publications/1362.pdf