In a Share Purchase Agreement, warranties (collectively referred to as “statements”) and indemnification for warranty breaches (a warranty is broken if any statement is false or inaccurate) cover representations and warranties. In Indian law, a representation or warranty should be referred to as a statement; however, representations and warranties are frequently utilized in legal systems … Read More “What Is The Timing Of Representations And Warranties” »
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Share Purchase Agreement
Share Purchase Agreement
This issue has been the subject of a recent case, Sycamore Bidco Ltd. v. Breslin (2012), which shed light on how courts handle situations like these. Due to the fact that both representations and warranties are frequently referred to in the same clause, standard contract drafting frequently leads to confusion. However, not every representation and … Read More “What are Warranties and Representations in a SPA?” »