Check out my article published in the New York Law Journal discussing the role that lawyers can and should play concerning fraud claims. Lawyers can help prevent later claims of fraud seeking to challenge agreements, such as asset purchase agreements and stock sales, by drafting specific disclaimers, non-reliance provisions and releases. Lawyers must also be consulted as soon as suspicious activity is discovered after a transaction is consummated, to make sure fraud claims are filed timely within the statute of limitations. And lawyers should be aware that some contractual provisions, such as those that have the effect of extending the statute of limitations, might be struck down by the courts as unenforceable.
Lawyers’ Role Key to Preserving and Preventing Fraud Claims
- Dec 05, 2016