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Buyer’s Responsibility for Asbestos Claims Punitive Damages

Explore the implications of punitive damages in asbestos claims within M&A deals. Learn from the case of Parker Hannifin Corp. v. Standard Motor Products, Inc. October 31, 2019 Introduction: Liability related to asbestos claims is a common concern for manufacturing

Posted in asbestos claims, indemnification, punitive damages Tagged with: , , , , , , , , , , ,

Buyer breach of required insurance provision in acquisition documents result in punitive damages

Today I want to talk about a lesson to learn from Danny, whose company (“Buyer”) purchased an RV business from Doug’s company (“Seller”). It was a simple deal. In March of 2013, Buyer purchased RV business assets from Seller.  Buyer

Posted in insurance requirements, punitive damages

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