Warranties & Indemnities - The Key Issues for Corporate Advisors

Introduction

Anyone buying or selling a company or a business takes a risk.

For the buyer, however careful the due diligence, the concept of caveat emptor applies and there is always a risk of a liability arising in the target or business acquired. For the seller, there is always the risk of a potential breach of warranty claim that can reduce the consideration received for the sale.

This webinar looks at the legal background and the practical commercial value of warranties and indemnities and the issues likely to arise in negotiating them, including:

• The legal effect of warranties
• The practical purposes for which warranties are used
• Key elements in negotiating warranties and their incorporation in the contract
• The difference between warranties and representations

The webinar is aimed at solicitors and those involved in the drafting and negotiation of private company sales and acquisitions.

What You Will Learn

This webinar will cover the following:

• What are warranties - including their legal effect and their practical purpose
• Warranties v representations
• Key elements to consider when negotiating warranties
• The legal effect of indemnities
• How and when indemnities are used

This webinar was recorded on 10th November 2022