Representations and Warranties Insurance
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Representations and Warranties Insurance

2 months ago · 3.1 MB Download

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Issued by the AICPA Forensic and Litigation Services (FLS) Committee

Historically, post-acquisition disputes arising from alleged breaches of seller’s representations and warranties made as a condition to a deal were matters handled between the buyer and seller. In instances when the buyer sought indemnification from the seller for a breach, any covered liability would be paid out of the indemnification escrow, with any liability in excess of that amount to be borne by the buyer. When the buyer and seller

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