Indemnification obligations are used to allocate risk between a buyer and a seller in nearly all mergers and acquisitions transactions. In an acquisition of a distressed company or its assets, however, the seller may not be...more
5/21/2020
/ Acquisitions ,
Buyers ,
Escrow Agreements ,
Holdbacks ,
Indemnification ,
Indemnification Clauses ,
Mergers ,
Perfected Security Interest ,
Post-Closing Money Damages ,
Sellers ,
Setoff Rights
Certification That Funds Are “Necessary” -
Following recent press and new guidance from the Small Business Administration (SBA), many nonprofit organizations are carefully considering whether borrowing funds under the...more
The recently-enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act expands nonprofits’ access to critical federal loan and grant programs as part of its approximately $2 trillion aid package addressing the...more