Indemnities, Warranties, Guarantees & Representations - A Masterclass
Introduction
This new full day in-person course is for commercial and corporate practitioners who are seeking to have a fuller understanding of key parts of their relational contracts and their SPAs.
What You Will Learn
This in-person course will cover the following:
- Warranties
- Purchaser
- Seller
- Key points for SPA disclosure and data rooms
- Wording which is an exclusion of liability
- Wording towards increasing their power as performance guarantees
- Representations
- Their role and remedy in the contract
- The relationship with mis-statement
- Pre-contractual statements and the entire agreement clause - is it good enough?
- Remedies - calculation of losses
- The effect of fraudulent misrepresentation on notices and other clauses
- Indemnities
- Debt - based liability
- Hold harmless - defend - covenant
- Liquidating the amount in the clause
- Weakening the indemnity - quick wins
- Strengthening the indemnity using the 6 types
- Shackling the indemnity to warranties in SPAs
- The relationship to the exclusion of liability
- Reverse indemnities - can they overcome compliance wrongdoing?
- Third parties and the indemnity
- Guarantees
- Financial
- Performance
- Primary
- Secondary
- Defences and set-offs
- Subrogation
- Co-extensive liability
- Signatures, incorporation and deeds