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What are Reps and Warranties?
March 4th, 2019
Representations and warranties (sometimes called “Reps and Warranties”) appear in many types of agreements. Although similar, representations and warranties have important differences. Representations are statements of present or past facts, whil…
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Categories: Business Contracts
I thought you said…The Importance of Merger Clauses
February 11th, 2019
Imagine this scenario: The President of Company X is negotiating with the President of Company Y to acquire certain assets for $100,000. Negotiations have stalled but both parties want to close the transaction. So President Y tells President X on the…
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Categories: Business Contracts
What is Indemnification?
January 17th, 2019
Contract negotiations can be complicated, especially when they involve legal issues. One of the most frequently negotiated contract provisions is indemnification, which is found in most business-to-business contracts. Indemnification is about risk al…
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Categories: Business Contracts