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Assuming Liabilities/Debt in Transactions: Tricks and Traps

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This program provides a practical guide to drafting for the assumption and limitation of liabilities in business and commercial transactions.

The program covers the mechanics of assuming debt in a transaction, how it is identified, terms negotiated and documented. The program also discusses the related issue of how "bad conduct" carve-outs in indemnification and other limitation of liability provisions can defeat limitations on liability if the carve-outs are not carefully drafted. Successor liability in business transactions and techniques to mitigate its risk is also covered.

This program provides a real-world guide to handling debt and liabilities in transactions.

  • Identifying and documenting the assumption of liabilities
  • Successor liability and techniques to mitigate the risk
  • "Bad conduct" carve-outs in indemnification and limitation of liability
  • Risks of carve-out language being over-expansive and defeating liability protection
  • Mistakes in the treatment of liabilities in transactions

DETAILS
Phone/Audio
Tuesday, August 24, 2021
1:00–2:00 PM

SPEAKERS

  • Steven O. Weise, Proskauer Rose LLP, Los Angeles

PRODUCED
August 24, 2021

APPROVED CREDIT
North Carolina: 1.00 MCLE Hour

PROGRAM PRICING
See pricing below.