JD Supra: Mergers

NOVEMBER 8, 2024

By: Woodruff Sawyer The SPAC market is chugging along with several IPOs and multiple deals being announced and closed. Although it's great to see this kind of activity again, the SPAC market is never without its challenges.

IPO 165

IPO IT 165

JD Supra: Mergers

DECEMBER 12, 2024

By: Woodruff Sawyer Increased market competition has gradually tempered rate growth, and while hurricanes Helene and Milton were devastating, their insurance losses were lower than anticipated.

Insurance 177

Insurance Business 177

JD Supra: Mergers

MAY 23, 2024

Woodruff Sawyer is a market leader for. By: Woodruff Sawyer However, with some smart preparation and the expertise of the right advisors, insurance can go from being a necessary burden to a strategic asset.

IPO 165

IPO Insurance Initial Public Offering Mergers and Acquisitions 165

JD Supra: Mergers

FEBRUARY 27, 2025

By: Woodruff Sawyer Given the relative rarity of these policies compared to their buy-side counterparts, we felt a refresher was in good order to highlight some differences and considerations.

Insurance 165

Insurance 165

JD Supra: Mergers

NOVEMBER 1, 2024

By: Woodruff Sawyer In the context of representations & warranties insurance (RWI), this change means that the interim period between a deal’s sign and close will likely also grow longer, requiring deal parties to negotiate for a longer interim breach coverage period in their RWI policies.

Insurance 159

Insurance Negotiation 159

JD Supra: Mergers

OCTOBER 4, 2024

By: Woodruff Sawyer Here are highlights from my conversation with Jenn Calabrese and Alison Yablonowitz of Calabrese Consulting, a leading accounting and financial reporting services firm in the SPAC market.

Accountant 165

Accountant Financial Statement Consulting 165

JD Supra: Mergers

MAY 1, 2025

By: Woodruff Sawyer One of the questions it pays to ask (and answer) early on is how that basket mechanism will function with the retention amount you will be negotiating into your representations and warranties insurance (RWI) policy.

Insurance 159

Insurance M&A Mergers and Acquisitions Negotiation 159

JD Supra: Mergers

AUGUST 15, 2024

By: Woodruff Sawyer An oft-cited statistic is that 75% of venture-backed start-ups fail, a percentage that is probably both understated and fails to consider all the companies that never even raise a first round of venture capital funding.

Funds 159

Funds Capital 159

JD Supra: Mergers

SEPTEMBER 16, 2024

By: Woodruff Sawyer The hard and soft market cycles have caused participants’ D&O program limits and cost to yo-yo up and down, leaving many to long for a period of calm and stability.

Insurance 171

Insurance IT 171

JD Supra: Mergers

JULY 31, 2024

By: Woodruff Sawyer Factors pushing new SPAC teams in that direction are the 1% excise tax being levied on SPAC redemptions and the negative SPAC environment the Delaware courts have created with their recent decisions.

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165

JD Supra: Mergers

OCTOBER 15, 2024

By: Woodruff Sawyer According to EY’s Private Equity Pulse, Q2 2024 was the strongest quarter in two years, with 122 announced transactions at a valuation of $196 billion total enterprise value. But the US PE market is.

Private Equity 177

Private Equity Equities Insurance Valuation 177

JD Supra: Mergers

AUGUST 21, 2024

By: Woodruff Sawyer RWI is a well-established tool in the merger and acquisition (M&A) toolbox for both private equity and strategic buyers. Broad coverage and competitive pricing have been the theme for 2024. RWI has been widely adopted.

Insurance 171

Insurance Private Equity Mergers and Acquisitions Equities 171

JD Supra: Mergers

JULY 12, 2024

Bennett and Heather Weaver of Lowenstein’s Insurance Recovery Group sit down with Yelena Dunaevsky, Senior Vice President, Transactional Insurance, at Woodruff Sawyer to talk about the current state of SPAC related litigation and its impact on the insurance market. Today, Lynda A.

Insurance 171

Insurance IPO IT 171

JD Supra: Mergers

JANUARY 25, 2024

By: Woodruff Sawyer For the first SPAC Notebook of 2024, I was pleased to speak once again with Doug Ellenoff, the founder of Ellenoff Grossman & Schole and someone who has been at the forefront of the SPAC market since its inception. In addition to evaluating SPAC activity in 2023, we looked at what to expect for this year.

IT 165

IT 165

JD Supra: Mergers

SEPTEMBER 22, 2023

By: Woodruff Sawyer To delve into this timely subject, we spoke with two industry leaders—Stuart Brown, an insolvency, restructuring, and bankruptcy partner of the global law firm DLA Piper, and Taylor Sherman, director in the Restructuring and Dispute Resolution Practice at CohnReznick, an advisory, assurance, and tax firm.

Advisory 171

Advisory 171

JD Supra: Mergers

MAY 24, 2023

Woodruff Sawyer is a market leader for. By: Woodruff Sawyer However, with some smart preparation and the expertise of the right advisors, insurance can go from being a necessary burden to a strategic asset.

IPO 137

IPO Insurance Initial Public Offering Mergers and Acquisitions 137

JD Supra: Mergers

MARCH 19, 2024

By: Woodruff Sawyer We’ll examine the two underlying insurance categories in this blog and their impact on the reps and warranties insurance that companies should purchase for their merger or acquisition.

Insurance 165

Insurance Mergers and Acquisitions M&A Mergers 165

JD Supra: Mergers

FEBRUARY 13, 2024

By: Woodruff Sawyer From the dynamics of larger deals to the increasing prevalence of minority investments and earn-outs, the video sheds light on a diverse range of deals that have captured the attention of underwriters as well as the outlook for premium and retention rates.

Underwriting 165

Underwriting Insurance M&A Investment 165

JD Supra: Mergers

JANUARY 17, 2024

By: Woodruff Sawyer From mid-2020 through mid-2022, we saw a large uptick in the number of policies and limits bound, and so it stands to reason that the number of reps and warranties (R&W) claims received by insurers has increased in the past year.

Mergers and Acquisitions 165

Mergers and Acquisitions Insurance M&A Mergers 165

JD Supra: Mergers

OCTOBER 26, 2023

By: Woodruff Sawyer No seismic market shifts or mind-boggling legal decisions or theories took place in the last month, but to keep our readers updated, below are a few interesting developments that are worth tucking away into your SPAC subconscious and/or keeping an eye on.

Insurance 159

Insurance 159

Deal Lawyers

JULY 5, 2023

Woodruff Sawyer recently published its 2023 Guide to Representations & Warranties Insurance, which provides an overview of current market conditions, policy terms and considerations for potential purchasers of RWI.

Insurance 140

Insurance IT 140

JD Supra: Mergers

OCTOBER 17, 2023

By: Woodruff Sawyer Through the first half of 2023, the themes of 2022 (reduced deal volume and more competition for private equity deals) continued to cause the deal landscape to be exceedingly tough.

M&A 152

M&A Private Equity Equities 152

JD Supra: Mergers

JUNE 15, 2023

By: Woodruff Sawyer (formerly Square) acquired Jay-Z’s failing music-streaming company, TIDAL, in a deal that was conceptualized as the two businessmen summered in the Hamptons together.

M&A 145

M&A Accountant Business IT 145

JD Supra: Mergers

APRIL 4, 2024

By: Woodruff Sawyer As we move further into 2024, we have a clearer perspective on where 2023 ended in the private equity and mergers and acquisitions (M&A) market. We predict more of the same throughout 2024, but there are bright signs for dealmaking this year.

Mergers and Acquisitions 132

Mergers and Acquisitions Private Equity Management M&A 132

JD Supra: Mergers

AUGUST 14, 2023

By: Woodruff Sawyer Given the current state of the market, deal flow is down and, therefore, so is the number of submissions getting sent to representations and warranties insurance (RWI) underwriters. Underwriters are poised to strike when the market picks back up again but, in the meantime, where does that leave us?

Insurance 130

Insurance Underwriting 130

JD Supra: Mergers

DECEMBER 12, 2023

By: Woodruff Sawyer GPs in particular use secondaries to offer liquidity to their legacy fund investors while holding on to promising portfolio companies that need more time to mature.

Insurance 130

Insurance Portfolio Economics Funds 130

JD Supra: Mergers

MAY 23, 2023

By: Woodruff Sawyer The federal government offers two primary incentives for renewable energy projects: an investment tax credit for eligible investments in property, such as solar panels, and a production tax credit for electricity from renewable sources.

Insurance 130

Insurance Government Investment 130

JD Supra: Mergers

JUNE 26, 2024

By: Woodruff Sawyer My goal in attending this conference, aside from seeing all of my SPAC colleagues and friends and meeting new SPAC market participants, is to get a feel for current problems and speed bumps in the SPAC market and to get involved in discussions on how best to approach and solve those problems.

127

127

JD Supra: Mergers

OCTOBER 17, 2023

By: Woodruff Sawyer

Private Equity 132

Private Equity M&A Equities Insurance 132

Deal Lawyers

JUNE 17, 2024

Woodruff Sawyer recently issued its “Guide to Insuring Fund Liability Risks for Venture Capital and Private Equity Firms.” ” The publication provides an overview of the key coverages and claims scenarios.

Private Equity 113

Private Equity Insurance Equities Funds 113

Deal Lawyers

AUGUST 26, 2024

Woodruff Sawyer recently released the 2024 edition of its “Guide to Representations & Warranties Insurance.”

Insurance 100

Insurance IT 100

JD Supra: Mergers

JULY 10, 2023

By: Woodruff Sawyer Now that we are halfway through 2023, it’s a good time for a representations and warranties (R&W) claims trend update. Overall, the rate of claims has been relatively consistent with previous years, while the number of claims has increased.

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100

JD Supra: Mergers

FEBRUARY 23, 2024

By: Woodruff Sawyer We’re hearing derisive comments about the death of SPACs, unending deadline extensions, almost 200 liquidations, 70 deal terminations, and general SPAC malaise. If you’ve followed SPACs in 2023, you might even be wondering why this blog is still here.

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171

JD Supra: Mergers

MAY 30, 2025

By: Woodruff Sawyer All these new SPACs will be searching for great deals in no time, so in this edition of the SPAC Notebook we dive into what is currently happeningor about to happenwith de-SPAC transactions.

IPO 171

IPO 171

JD Supra: Mergers

MAY 22, 2025

By: Woodruff Sawyer Obtaining the appropriate amount and type of insurance for each stage of their life cycle is one of them. However, with some smart preparation and the expertise of the right advisors, insurance can go from being a necessary burden to a strategic asset.

IPO 171

IPO Insurance Initial Public Offering Mergers and Acquisitions 171

JD Supra: Mergers

FEBRUARY 21, 2025

By: Woodruff Sawyer Most new SPAC IPOs are being helmed by experienced SPAC teams and sponsors who have seen SPAC litigation and enforcement over the last four years. Theyve experienced it.

Insurance 188

Insurance IPO IT 188

JD Supra: Mergers

APRIL 18, 2025

By: Woodruff Sawyer In this edition, we turn our focus to Delaware and its new set of amendments to the Delaware General Corporation Law (DGCL). I am joined by two experts on this topicLisa Stark, founding partner at Delaware Corporate Council, and Glenn Pollner, partner at WilmerHale.

Corporation 171

Corporation IT 171