Weil Tax BLOG - Feed https://tax.weil.com/category/uk-tax/covenant/ Views and developments from the Tax Department at Weil Tue, 14 Apr 2026 20:54:30 +0000 hourly 1 Warranties and Covenants: The Right Route https://tax.weil.com/whats-new-on-the-blog/warranties-and-covenants-the-right-route/ Wed, 04 Dec 2019 13:23:24 +0000 Stuart Pibworth http://tax.weil.com/?p=767 On share acquisitions, purchasers customarily seek protection in the share purchase agreement (“SPA”) for historic exposures (including tax exposures) of the company/group being acquired (target). For historic tax exposures, protection generally takes one of two forms: warranties and/or covenants. The scope and drafting of that protection will often turn on the tax due diligence undertaken

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]]> Take Notice of the Notice Provisions! https://tax.weil.com/uk-tax/straight-to-the-point/take-notice-of-the-notice-provisions/ Thu, 11 Jan 2018 15:44:10 +0000 Oliver Walker http://tax.weil.com/?p=487 The Court of Appeal has unanimously held that contractual claims under a share purchase agreement were barred by the operation of a limitation clause that required the buyer to include reasonable details of the claims, including the grounds, in its notice to the sellers.  As the buyer did not set out which warranties it was

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]]> The Court of Appeal has unanimously held that contractual claims under a share purchase agreement were barred by the operation of a limitation clause that required the buyer to include reasonable details of the claims, including the grounds, in its notice to the sellers.  As the buyer did not set out which warranties it was

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]]> A New Creed for the Tax Deed: The Impact of Market Trends https://tax.weil.com/uk-tax/brexit/a-new-creed-for-the-tax-deed-the-impact-of-market-trends/ Thu, 15 Sep 2016 17:09:57 +0000 Oliver Walker Stuart Pibworth http://tax.weil.com/?p=466 Most advisers will agree that the primary purpose of the tax deed is to allocate risk of unexpected tax exposure between the buyer(s) on the one hand, and the seller(s) on the other. This tends to mean that the seller will usually assume tax risk up to a certain date, such as the date on

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]]> Most advisers will agree that the primary purpose of the tax deed is to allocate risk of unexpected tax exposure between the buyer(s) on the one hand, and the seller(s) on the other. This tends to mean that the seller will usually assume tax risk up to a certain date, such as the date on

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]]> M&A Tax Protections UK and US Market Practice https://tax.weil.com/uk-tax/straight-to-the-point/ma-tax-protections-uk-and-us-market-practice-3/ Thu, 25 Sep 2014 13:24:59 +0000 Oliver Walker Erica Rees http://tax.weil.com/?p=585 On large cross-border acquisitions of private companies, tax advisers often need to understand the prevailing market practice in multiple jurisdictions. While knowledge of the tax issues and how they are covered in the legal documents is key, it is also crucial to ensure that contractual provisions are not out of step with any accepted market

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]]> On large cross-border acquisitions of private companies, tax advisers often need to understand the prevailing market practice in multiple jurisdictions. While knowledge of the tax issues and how they are covered in the legal documents is key, it is also crucial to ensure that contractual provisions are not out of step with any accepted market

The post M&A Tax Protections UK and US Market Practice appeared first on Weil Tax BLOG.

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