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Shareholders’ agreements – managing uncertainty

Who needs a shareholders’ agreement? Anyone who is a shareholder in a company with more than one shareholder. A shareholders’ agreement allows the shareholders to agree how a variety of issues relating to the company and their involvement are managed. That level...

Warranties and indemnities – a seller’s primer

Buyers of companies or businesses will often seek warranties from the seller. Buyers may also seek indemnities from the seller. These are contractual protections for the buyer. Warranties and indemnities both minimise the risk exposure of the buyer but there are some...

Indemnities – good in parts

In negotiating agreements, it is often the case that arguments will occur about indemnities being required from one party. It is often confusing for clients to understand why lawyers get so exercised by indemnities. Without going too deeply into the law (some of which...