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.

#nmcg #ALG #clause #expertise

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