An indemnity is a contractual tool that buyers and sellers use in acquisitions to allocate risk between them. Each party agrees to indemnify the other party for its actions. Indemnification obligations arise when a seller breaches a representation or a warranty that it made to the buyer, or the seller fails to perform a covenant that it promised...
Earnouts are difficult legal clauses to manage and can often lead to misunderstanding and difficulty realizing them. Here is a practical example of some of the pitfalls that sellers should watch for.
Purchase and Sale Agreement
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Peter's practice focuses on mergers and acquisitions (M&A), banking, general business, and business succession law. Peter works to partner with his clients and commits to understanding their legal needs and providing great client service. Full Bio
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