INSURANCE ISSUES IN MERGERS &
Howrey has represented parties involved in mergers and acquisitions in a
vast array of insurance issues that could impact a deal or a company’s
strategy to acquire or merge. Insurance Recovery attorneys at Howrey are
uniquely experienced in helping both buyers and sellers involved in mergers
and acquisitions evaluate the complex insurance issues that arise during the
Howrey has deal process.
Howrey attorneys have experience working with buyers in analyzing existing
involved in mergers
and potential liabilities in order to enable them to have a clear understanding
and acquisitions in a
of whether they can and will be acquiring any insurance coverage for such
vast array of
liabilities from the seller. Howrey attorneys also have experience in
insurance issues that
addressing the fundamental concern of whether insurance coverage can be
could impact a deal or
obtained by purchasing the appropriate insurance to the extent that a buyer
a company’s strategy
may be acquiring liabilities. In addition, we also have vast experience in
to acquire or merge.
assisting sellers in assessing the potential impact of transferring policies that
may be applicable to liabilities that remain with the seller prior to determining
whether such assets should be part of the deal.
The following is a summary of some of the key insurance issues that have
been addressed by Howrey in the context of mergers and acquisitions:
Representation of a utility in identifying existing uninsured liabilities to be
assumed by the buyer, as well as identifying and quantifying historical and
future insured and self-insured liabilities of the seller and analyzed the
insurance coverage programs of the seller.
Representation of a major conglomerate in analyzing whether a
predecessor’s insurance coverage assets are transferred to the successor
as a matter of law.
Representation of a major aerospace company in analyzing insurance
coverage potentially available to buyer, as well as analyzing the seller’s
insurance coverage and identifying and quantifying historical and future
insured and non-insured liabilities of the seller.