Focus on the Asset and Liability Guarantee
▶️ Focus on the Asset and Liability Guarantee (ALG)
🔔 An asset and liability guarantee is a clause whereby the seller undertakes to indemnify the buyer in the event of a decrease in assets or increase in liabilities subsequent to the transaction, but whose causes are prior.
➡ When is the establishment of a ALG necessary?
➡ Why establish a ALG?
➡ What is the Asset and Liability Guarantee?
➡ What are the guaranteed elements?
➡ What is the guaranteed liability?
➡ How to determine the debts taken into account in the ALG?
➡ Is ALG limited?
➡ The financial guarantee attached to the ALG?
➡ The implementation of ALG ?
Olivier Castellacci, partner in #businesslaw, brings you his expertise.
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