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"True lender" is one of the biggest risks in a fintech–bank lending partnership. It is a challenge that regulators or plaintiffs' counsel could advance, alleging that the fintech company...
In this edition of Fintech Flash, we discuss ways to think about true lender risk in fintech–bank lending partnerships, with a particular focus on how indemnification provisions in...
JOINT CHAPTER 11 PLAN OF REORGANIZATION OF IRONNET, INC. AND ITS DEBTOR AFFILIATES UNDER CHAPTER 11 OF THE BANKRUPTCY CODE ...
Talc Personal Injury Claims ... | April 4, 2023
Purchase Agreement Components, Part 2: Indemnification Provisions, January 8, 2021, Frank Massaro In an acquisition, particularly an equity acquisition, a buyer must perform extensive due diligence on the target company to understand, as thoroughly as possible, the risks associated with the acquisition. In most cases, however, the buyer cannot fully evaluate or even identify all sources of risk that it will assume post-closing. To address these uncertainties and allocate these potential risks, the buyer and seller negotiate indemnification provisions that set forth the scope of each party’s...