Relative to the M&A transaction, a buyer and seller will make certain representations and warranties that serve to assign risk between the two parties and provide a basis for post-close indemnification obligations.
Although the terms “representations” and “warranties” are often used interchangeably, there are functional and distinct differences between the two. A representation is a declaration or assertion of a past or existing fact given by one party to induce another party to enter into a contract or agreement.
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Mazars’ Healthcare Transaction Advisory Services Team
Wayne Pryor, Partner | Wayne.Pryor@MazarsUSA.com
Richard Koppel, Director | Richard.Koppel@MazarsUSA.com
Raj Bavishi, Director | Raj.Bavishi@MazarsUSA.com