Law360, New York (September 17, 2012, 9:48 PM ET) -- Companies involved in mergers and acquisitions are increasingly taking out insurance to cover losses from unintentional misrepresentations made during deal negotiations, lured by affordable prices and shorter policy turnaround times.
Representations and warranties insurance can protect buyers or sellers from post-closing losses tied to a seller's false representations and warranties, which can include financial statements, taxes and information on intellectual property, litigation and more. The policies have gained ground in the U.S. market and overseas during the past two years, especially among private equity and venture...
Coverage For M&A Losses Surges In Popularity, Accessibility
To view the full article, take a free trial now.
