Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / rw-insurance-coverage-analysis-memo.docx
rw-insurance-coverage-analysis-memo.docx
Parties
HARKNESS LLP
Meridian Consumer Brands LLC
Northbridge Risk Advisors LLC
Wavecrest Partners LLC
Whitfield Ames LLP
Buckeye Industrial Properties LLC
Shaw LLP
Dates
October 10, 2022
October 1, 2022
September 15, 2022
September 28, 2022
October 6, 2022
December 9, 2022
June 30, 2022
October 14, 2022
August 30, 2022
February 5, 2023
Amounts
$95,000,000
$2,500,000
$8,000,000
$87,000,000
$72,000,000
$14,300,000
$9,700,000
$4,200,000
$620,000
$68,000,000
Obligations
Claims must be asserted by written notice to the Seller within this survival period
The retention represents the amount of losses that the Buyer must absorb (or recover from the Seller under the APA indemnification) before the R&W policy responds
Claims must be first made (i
notice must be given to Sentinel) during the policy period in order to be covered
If losses exceed the escrow amount, the Buyer must seek recovery directly from the Seller, which introduces credit risk and enforcement risk