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Advanced CLE

2021 Assuming Liabilities/Debt in Transactions: Tricks & Tips


Total Credits: 1.2 MCLE, 0.0 Kansas Credit

Practice Area:
Business & Corporate |  Commercial / Collections / Consumer
License:
Access for 1 year(s) after program date.

Dates


Description

This program will provide you a practical guide to drafting for the assumption and limitation of liabilities in business and commercial transactions.  The program will cover the mechanics of assuming debt in a transaction, how it is identified, terms negotiated and documented. The program will discuss 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 will be covered. This program will provide 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

Materials

Cancellation Policy

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