5 Tips To Get The Most Out Of Rep & Warranty Insurance
Law360, Los Angeles (October 21, 2015, 9:32 PM EDT) -- As middle-market mergers surge, deal makers are increasingly turning to insurance policies for protection from risks including a seller's misrepresentation of its financial status or a failure to disclose pending litigation. Here, attorneys discuss what buyers and sellers should look for when purchasing representation and warranty insurance.
Identify Your Risks
Buyers and sellers in merger and acquisition transactions should assess their potential risks and ensure that they obtain a rep and warranty policy to protect them from specific exposures they have identified, according to experts. The coverage, which is becoming particularly popular in middle-market transactions of $20 million to $1.5 billion, is designed...
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