By Mark A. Collins, Esq. & Michael J. Sartor, Esq.
When working on a transaction where a representations and warranties insurance policy will be used, it is critical to understand the timeline and process considerations and to calibrate expectations accordingly.
This panel takes a look at the use of representation and warranties policies in deal structuring; where the current market draws the line on coverage and terms; and the challenges the client and underwriter will need to address in the deal structure.
Despite current enthusiasm for transactions, both buyers and sellers face a range of exposures during the deal negotiation and after it has been completed. Chief among these are financial statement irregularities and allegations of fraud.