Weil Tax BLOG - Feed https://tax.weil.com/category/uk-tax/warranties/ Views and developments from the Tax Department at Weil Fri, 20 Mar 2026 15:41:38 +0000 hourly 1 Accurate Drafting of Tax Warranties and Indemnities: Nuts and Bolts https://tax.weil.com/uk-tax/accurate-drafting-of-tax-warranties-and-indemnities/ Thu, 05 Dec 2019 10:27:28 +0000 Stuart Pibworth http://tax.weil.com/?p=775 Key points A mergers and acquisition document will extend beyond the transaction concerned The importance of contractual drafting was highlighted in the Minera Las Bambas case The contracts were governed by English law An indemnity against the full amount of adversely determined tax matters The sellers argued that tax became payable only when an enforceable

The post Accurate Drafting of Tax Warranties and Indemnities: Nuts and Bolts appeared first on Weil Tax BLOG.

]]> Key points A mergers and acquisition document will extend beyond the transaction concerned The importance of contractual drafting was highlighted in the Minera Las Bambas case The contracts were governed by English law An indemnity against the full amount of adversely determined tax matters The sellers argued that tax became payable only when an enforceable

The post Accurate Drafting of Tax Warranties and Indemnities: Nuts and Bolts appeared first on Weil Tax BLOG.

]]> 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

The post Warranties and Covenants: The Right Route appeared first on Weil Tax BLOG.

]]> 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

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

]]> 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.

]]>