Structuring Indemnification Provisions in Healthcare Mergers and Acquisitions

Negotiating Reps and Warranties, Caps and Baskets to Allocate Risk

A live 90-minute CLE webinar with interactive Q&A


Tuesday, August 11, 2020

1:00pm-2:30pm EDT, 10:00am-11:30am PDT

Early Registration Discount Deadline, Friday, July 17, 2020

or call 1-800-926-7926

This CLE webinar will provide guidance to healthcare counsel for drafting and negotiating representations, warranties, and indemnification clauses in healthcare mergers and acquisitions. The panel will discuss key considerations when drafting the provisions, potential challenges, and strategies for allocating risk.

Description

Healthcare merger and acquisition deals have continued. Many hospitals and healthcare providers are facing financial distress due to COVID-19 and may become targets or will look for potential partnerships. Hospitals that are solvent may persue mergers or acquisitions as a way to grow. Healthcare counsel on both sides of a deal must identify the potential indemnification and liability issues that may arise and plan accordingly.

Counsel can address indemnification in representations and warranties, baskets, caps, and escrow provisions. For example, indemnification provisions can use caps on recovery amounts--as well as limits on reps and warranty survival periods--to tailor an indemnification structure to the risks of the deal.

Indemnification provisions allow the parties to shift risk and reduce liability exposure. Indemnification clauses work best when they clearly outline the specific risks included, exclusions from indemnity, and procedures for making an indemnification claim. Different state laws may affect certain aspects of these provisions.

Listen as our authoritative panel of healthcare attorneys discusses best practices for drafting and negotiating representations, warranties, and indemnities in healthcare M&As. The panel will discuss the use of caps and baskets and provide strategies for avoiding typical negotiation and enforcement pitfalls and resolving contract disputes.

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Outline

  1. Reps and warranties in healthcare M&As
  2. Indemnities in healthcare M&As
  3. Use of caps and baskets
  4. Strategies for avoiding pitfalls and resolving contract disputes

Benefits

The panel will review these and other key issues:

  • What are the warranty and indemnification provisions typical to healthcare M&As?
  • What are the most commonly disputed issues when negotiating these provisions, and what are some effective strategies for resolving them?
  • What approaches should counsel use to protect a client's interests when negotiating an indemnification provision?

Faculty

Friendly, Matthew
Matthew J. Friendly

Partner
McDermott Will & Emery

Mr. Friendly focuses his practice on general health matters, with an emphasis on healthcare mergers and acquisitions...  |  Read More

Levy, Jerome
Jerome T. Levy

Partner
Duane Morris

Mr. Levy has conducted a wide range of administrative negotiations and civil litigation on behalf of healthcare...  |  Read More

Pellegrino, Frank
Frank M. Pellegrino

Member
Bass Berry & Sims

Mr. Pellegrino advises public and private companies in a broad range of transactional, corporate governance and...  |  Read More

Live Webinar

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Live Webinar

$247

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Live Webinar & Download

$344

Live Webinar & DVD

$344 + $24.45 S&H

Other Formats
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Strafford will process CLE credit for one person on each recording. All formats include program handouts. To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video

48 hours after event

$247

Download

48 hours after event

$247

DVD

10 business days after event

$247 + $24.45 S&H