Every seller has the best of intentions, and even though you may have full confidence in your company’s track record, it’s impossible to guarantee the integrity of your suppliers, investors, business partners and even employees.
A breach of representation can result in significant financial losses and business sellers can’t rely on a third-party to indemnify them in the case of a buyer claim. A fit-for-purpose R&W policy will help protect your business sale proceeds and provide cover for defense costs arising from the claim of an inaccurate representation.