Not Found
Self-Study

2021 Assuming Liabilities/Debt in Transactions: Tricks & Tips


Total Credits: 1.2 Self Study

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


Description

Original program date 8/24/2021

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

Note: This material qualifies for self-study credit only. Pursuant to Regulation 15.04.5, a lawyer may receive up to six hours of self-study credit in a reporting year. Self-study programs do not qualify for GAL Certification, ethics, elimination of bias or Kansas credit.

Materials

Cancellation Policy

Click HERE to review the Cancellation Policy.

Please wait ...

Back to Top