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Contractual Limitations on Seller Liability in M&A Transactions - PDF

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 sellerthrough detailed representations, provisions that condition its obligation to close upon the correctness of those representations and provisions that obligate seller to indemnify buyer forlosses buyer may suffer as a result of seller breaches and other events.

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Apr 22, 2010
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