Knowledge

Sandbagging (law)

Source 📝

22: 230: 128:
law provides that "purchaser's knowledge" precludes post-closing remedies for breach of warranty, but that a contract may allow sandbagging based on pre-closing constructive knowledge or imputed knowledge (as opposed to actual knowledge).
241: 109:
law does not allow it unless the contract explicitly permits it. New York case law indicates that sandbagging is not allowed in cases where the information about the
296: 237: 327: 58: 40: 140:
case law has not dealt with default rules for sandbagging but has indicated that sandbagging may be permitted by contract. The
178: 337: 75: 332: 201: 231:"The Importance of Sandbagging Provisions from a Buyer's Perspective: What You Know May Harm You" 270: 160:
The Japanese Civil Code does not allow sandbagging unless the contract explicitly permits it.
274: 271:"A little knowledge can be a dangerous thing: Sandbagging clauses in acquisition agreements" 102: 105:
law both generally permit sandbagging when a contract is silent on the point, whereas
321: 208: 152:
in the exercise of contractual rights which would likely preclude sandbagging.
149: 141: 106: 297:"Avoiding Japan's legal traps − Common mistakes in a (mostly) civil country" 110: 114: 98: 82: 137: 125: 145: 85:
despite having known at the time of the contract that it was untrue.
31:
provides insufficient context for those unfamiliar with the subject
78: 15: 202:"Sandbagging in M&A Deals: Silence May Not Be Golden" 36: 81:, refers to the act of claiming a breach of a 179:"Strategic Sandbagging: Let the Buyer Beware" 8: 264: 262: 59:Learn how and when to remove this message 269:Moncrieff, Jonathan (19 October 2012). 169: 83:contractual representation or warranty 41:providing more context for the reader 7: 238:Kramer Levin Naftalis & Frankel 14: 20: 117:came directly from the seller. 1: 200:Iovine, Luke (October 2012). 229:Spilko, Howard (June 2009). 89:Legal status of sandbagging 354: 148:imposes a requirement of 113:of the representation or 328:Mergers and acquisitions 76:mergers and acquisitions 247:on 25 November 2011 37:improve the article 295:Solomon, Richard. 74:, in the field of 181:. DealLawyers.com 69: 68: 61: 345: 338:Takeover defense 312: 311: 309: 307: 292: 286: 285: 283: 281: 275:Stikeman Elliott 266: 257: 256: 254: 252: 246: 240:. Archived from 235: 226: 220: 219: 217: 215: 206: 197: 191: 190: 188: 186: 174: 64: 57: 53: 50: 44: 24: 23: 16: 353: 352: 348: 347: 346: 344: 343: 342: 318: 317: 316: 315: 305: 303: 294: 293: 289: 279: 277: 268: 267: 260: 250: 248: 244: 233: 228: 227: 223: 213: 211: 204: 199: 198: 194: 184: 182: 177:Jenkins, John. 176: 175: 171: 166: 158: 135: 123: 96: 91: 65: 54: 48: 45: 34: 25: 21: 12: 11: 5: 351: 349: 341: 340: 335: 330: 320: 319: 314: 313: 301:Beacon Reports 287: 258: 221: 192: 168: 167: 165: 162: 157: 154: 134: 131: 122: 121:United Kingdom 119: 95: 92: 90: 87: 67: 66: 28: 26: 19: 13: 10: 9: 6: 4: 3: 2: 350: 339: 336: 334: 331: 329: 326: 325: 323: 302: 298: 291: 288: 276: 272: 265: 263: 259: 243: 239: 232: 225: 222: 210: 209:Paul Hastings 203: 196: 193: 180: 173: 170: 163: 161: 155: 153: 151: 147: 143: 139: 132: 130: 127: 120: 118: 116: 112: 108: 104: 100: 94:United States 93: 88: 86: 84: 80: 77: 73: 63: 60: 52: 42: 38: 32: 29:This article 27: 18: 17: 333:Contract law 304:. Retrieved 300: 290: 278:. Retrieved 249:. Retrieved 242:the original 224: 212:. Retrieved 195: 183:. Retrieved 172: 159: 136: 124: 97: 71: 70: 55: 46: 35:Please help 30: 72:Sandbagging 49:August 2019 322:Categories 306:22 January 280:28 January 251:28 January 214:28 January 164:References 150:good faith 142:civil code 107:California 185:23 August 111:falsehood 115:warranty 103:New York 99:Delaware 138:Ontario 126:English 146:Quebec 133:Canada 245:(PDF) 234:(PDF) 205:(PDF) 156:Japan 308:2016 282:2014 253:2014 216:2014 187:2013 101:and 144:of 79:law 39:by 324:: 299:. 273:. 261:^ 236:. 207:. 310:. 284:. 255:. 218:. 189:. 62:) 56:( 51:) 47:( 43:. 33:.

Index

improve the article
providing more context for the reader
Learn how and when to remove this message
mergers and acquisitions
law
contractual representation or warranty
Delaware
New York
California
falsehood
warranty
English
Ontario
civil code
Quebec
good faith
"Strategic Sandbagging: Let the Buyer Beware"
"Sandbagging in M&A Deals: Silence May Not Be Golden"
Paul Hastings
"The Importance of Sandbagging Provisions from a Buyer's Perspective: What You Know May Harm You"
Kramer Levin Naftalis & Frankel
the original


"A little knowledge can be a dangerous thing: Sandbagging clauses in acquisition agreements"
Stikeman Elliott
"Avoiding Japan's legal traps − Common mistakes in a (mostly) civil country"
Categories
Mergers and acquisitions
Contract law

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.