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- Representations and warranties are typically backed by an indemnity from the party providing them. Thus, the party may be liable for an indemnity claim by the counter-party for a breach of such representations and warranties.
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Are representations and warranties backed by indemnities?
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What are representations & warranties?
Jun 19, 2020 · Representations and warranties are typically backed by an indemnity from the party providing them. Thus, the party may be liable for an indemnity claim by the counter-party for a breach of such representations and warranties.
Sep 4, 2020 · A common feature of M&A transactions in India is a robust set of representations and warranties (R&W) backed by indemnities. R&W allocate risks between the acquirer and the seller, target...
Jan 13, 2024 · In India, the intricate interplay of representations, warranties (R&W), indemnities, and insurance mark Mergers and Acquisitions (M&A) transactions. These contractual elements crucially allocate risks between the acquirer and seller.
Representations and Warranties in a contract are backed by indemnities. Section 124 of ICA provides that a contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person, is called a contract of indemnity.
Mar 2, 2022 · In addition to covering the basics, such as the differences between each component and what should be included within them, the two M&A specialists cover claims on warranties, enforcing indemnities and the increasing popularity of warranty and indemnity insurance in mergers and acquisitions.
Jun 17, 2020 · Representations and warranties are typically backed by an indemnity from the party providing them. Thus, the party may be liable for an indemnity claim by the counter-party for a...
The use of representations and warranties insurance in merger and acquisition transactions has grown tremendously in recent years. This article, which updates and expands on the author's previous analysis, explains what RWI is, what it's used for, and how it works.
