How to allocate risk you find in due diligence

By rickColosimo / September 21, 2008 /

We generally subscribe to the theory that commercial contracts are about allocation of risk in a transaction. Dealbook today writes about a clause in the Merrill Lynch / Bank of America merger agreement. Here’s the clause: “(c) No investigation by a party hereto or its representatives shall affect the representations and warranties of the other…

Read More