Crisis Sparks New Focus On Reverse Breakup Fees

Law360, New York (October 14, 2009, 3:52 PM EDT) -- In the wake of a financial crisis that crammed courtrooms full of the debris from failed deals, experts say they expect reverse breakup fees, the fees a buyer pays to a seller if a deal goes bust, to creep upward as sellers push for more security.

In other words, the world has changed, and deal makers are unlikely to easily forget the dramatic, high-profile courtroom brawls over collapsed deals like the $48 billion buyout of BCE Inc. and the $10 billion buyout of Huntsman Corp., experts...
To view the full article, register now.