Business Blog: Representation and Warranty Insurance in Corporate Transactions
on August 19, 2019
Often conflicts that arise from a transaction are commonly due to a seller's breach, or alleged breach, of a representation or warranty contained in the purchase agreement. Typically, a seller will indemnify a buyer for any breach of the representations and warranties made by the seller. Depending on the transaction, the seller may be required to place a certain amount of the purchase price into escrow for a period of time to cover any of its indemnification obligations. However...
Business Blog: Due Diligence - From a Buyer's Perspective
on August 12, 2019
Due diligence is a process by which the buyer is able to investigate and analyze the assets, liabilities, records, financials, and customers of a business to ensure that what is being acquired aligns with the buyer's expectations. This is important for many reasons, including protecting the buyer from misrepresentations and omissions of fact regarding the purchased assets....
Business Blog: Transaction Structuring - Asset Deal v. Equity Deal
on August 5, 2019
Buying or selling a business is an exciting yet onerous time for both buyer and seller. The deal process will be filled with important decisions such as: How much risk should we assume? Is the target company in an industry I want to enter? What is the best method to value the target company? And the list goes on....
Business Blog: Exit Planning - Considering the Future of Your Business
By Megan C. McClung on July 25, 2019
As a leader of your business, you are well-equipped to handle the countless challenges involved in keeping your business running. But your experience and know-how may not prepare you for the ultimate challenge that you, and other business leaders, must face: identifying a succession plan to transfer the business to new owners....