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Recent Case Law on Warranty and Indemnity Claims

21 January 2009

International Law Office French M&A Newsletter
This update examines French warranty and indemnity claims case law. It should help foreign companies to assess the importance of the terms of agreement whenever a stock purchase agreement is subject to French law, and thereby to avoid pitfalls. As the 2008 Court of Cassation decisions were in line with current case law, this review of a few sample decisions illustrates the importance of careful drafting and strict performance of the warranty terms in share purchase agreements.
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