The Rise Of Reps And Warranties Insurance In Upstream M&A

Law360 (October 1, 2020, 4:20 PM EDT) -- Representations and warranties insurance, or RWI, policies provide insurance coverage that either supplements or replaces indemnification provided by a seller for breaches of certain representations and warranties in a purchase and sale agreement.

These representations include fundamental corporate representations and warranties related to the operations of the assets or target company — for example, financial statements, intellectual property, material contracts, labor and employment, employee benefits, and tax matters. In the context of an upstream energy transaction, this might also include royalties, preferential rights, leases, bonding, plugging, imbalances and regulatory matters.

The benefits of RWI policies include longer survival periods than what...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!