NY Vs. UK Acquisitions Agreements — What's The Big Deal?

Law360, New York (January 9, 2013, 11:29 AM EST) -- Most New York lawyers could probably sketch out the table of contents for an acquisition agreement for a business without much difficulty or disagreement. Somewhere in the front of the document there would be an article called “Representations and Warranties of Seller.”

In a typical New York law-governed acquisition agreement, this article would contain detailed and heavily negotiated representations and warranties regarding the business to be acquired. It would be customary in the representations and warranties for the seller to make detailed statements regarding all matters...
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