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12 J. Bus. Entrepreneurship & L. 1 (2019)

handle is hein.journals/jbelw12 and id is 1 raw text is: Getting What You Bargained for: Avoiding Legal Uncertainty in Survival Clauses for a Seller's Representations and Warranties in M&A Purchase Agreements WILL PUGH INTROD U CTION : ............................................................................ 2 I. B A CK GROU ND ............................................................................ 8 II. A N A LY SIS .............................................................................. . . 13 A. Operation of the Delaware Statute .......................... 13 B. Determining the Applicable Limitations Period .......... 14 C. Contractually Specifying the Limitations Period .... 17 D. The Start of the Limitations Period ......................... 19 E. Requiring Notice of a Suspected Breach of Reps and W arranties ....................................................... 20 F Choice ofLaw Provisions ........................................ 21 G. Lengthening of the Statute of Limitations ............... 22 H. Summary of Current Law ....................................... 23 III. SO LU TIO N .............................................................................. 2 3 A. Contractual Solutions .............................................. 23 B. Legislative Solutions ................................................. 26 1. Borrowing Statutes and Accoutrements ..... 27 2. Controlling Statutes .................................... 29 C. Judicial/litigation Solutions under Current Law ......... 30 C O N CLU SION ............................................................................... 33

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