Inclusion of a representations and warranties clause in contracts

01.10.2011, Anton S. Denissov
Inclusion of a representations and warranties clause in contracts
The institution of representations and warranties is not inherent in Russian law. However, at the present time inclusion of clauses stipulating parties’ representations and warranties in contracts has become a common practice. This helps the parties to protect themselves from possible exposure to breaches in course of performance under a contract. The article by Anton Denissov, a senior lawyer of the Firm, will help to prepare the wording of and include in a contract representations and warranties compliant with Russian laws.