For U.S. tax purposes, digital assets are considered property, not currency. A digital asset is stored electronically and can be bought, sold, owned, transferred, or traded. The tax definition of a digital...
Manufactured housing communities (MHCs), also commonly referred to as mobile home parks, continue to increase in popularity, while state and local regulations governing them also continue to expand. Read...
Parties come together to form joint ventures when all involved believe that they will have greater success working cooperatively on a specific project, product, or business than they would have if they...
Learn best practices for advocating on behalf of your FDA-regulated clients in light of the new legal paradigm introduced by the Supreme Court’s decisions in Loper Bright and Corner Post . Read...
Do you need to learn about potential legal and business risks stemming from the use of artificial intelligence (AI) tools to manage employee performance and make employment decisions (e.g., screening,...
COVID-19 Measures in Reps and Warranties
In 2021, new variants of the SARS-CoV-2 virus caused resurgences of COVID-19. It is still too soon to fully assess the potential risks and liabilities associated with measures taken (or not taken) by companies and their subsidiaries in response to the pandemic, especially when it comes to employment matters. As a result, many buyers seek fulsome disclosures and pandemic-specific representations and warranties about the target business. Sellers, on the other hand, argue that responses to COVID-19 are sufficiently covered by reps and warranties without adding pandemic-specific references. Explore examples of negotiated reps and warranties that address COVID-19 measures.
READ NOW »
Related Content
Practical Guidance Updates Featuring the latest updates from your Practical Guidance account.
Experience results today with practical guidance, legal research, and data-driven insights—all in one place.Experience Lexis+