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5 Insurance Tips For Deal Makers

Law360, New York (April 6, 2015, 10:44 AM EDT) -- Insurance is a part of virtually every transaction. Lenders want the security for a credit facility appropriately insured. Lessors and lessees alike want real and personal property protected by insurance. Buyers and sellers look to first-party and third-party policies to insure items sold and support the allocation of risk in indemnity provisions.

For all its pervasiveness and importance, insurance terms may be treated as boilerplate when, in fact, the circumstances of a particular transaction may warrant a more nuanced approach. In order to avoid future disputes,...
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