Chuck Morton's and Bryan Rakes' article "Escrows, Survival, Caps and Baskets: Making Sense of Indemnification Provisions," appeared in the October 20, 2006 issue of Baltimore Business Journal.
Morton and Rakes discuss "indemnification provisions," which provide a way to allocate risk between and among parties to the acquisition of a company. Such provisions ensure the seller provides the buyer with accurate representations and warranties by creating accountability.