Private Offerings in New York: How an “Integration Clause” bars an Investor from Relying on the Offerors’ Representations

Simon Riveles Private Placement

By Kaiser Wahab, Counsel Anyone in business should be careful to note whether their contracts contain “integration clauses.”  A so called integration clause makes the contract “king” in terms of the promises and representations of a party to a transaction.  In other words, if there is an integration clause in a contract that says “X”, even if one party may have orally maintained “Y” throughout …