About the Webinar
A warranty provides a degree of certainty to the contracting party to whom it is made, but the way in which it is drafted will have considerable bearing on the outcome of its breach. This session will provide practitioners with a deep-dive into why precise drafting of warranties is essential and how to avoid costly drafting mistakes, including:
- Is there a difference between a warranty and a representation? Can a warranty ever be a representation?
- Warranties as a risk allocation tool
- When is a warranty required? Examples for various sale agreements discussed
- The time-based nature of a warranty – at what point is it effective?
- What are the consequences of a breach of warranty?
- What does a warranty need to contain?
- Drafting for consequences for breach of warranty:
- Limiting or excluding damages
- Direct and consequential loss issues
- Implied and statutory warranties
- Examples of warranties and case studies
Stephanie LambertPartner, DLA
Who Should Attend?
This webinar is suitable for lawyers practising in business law - Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge. WA lawyers – From April 1 st 2021, due to the new requirements we are unable to verify your completion of recorded webinars to the Legal Practice Board of WA.
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]