10 June 2008
Welcome to the June edition of M&A Insights. As usual, we look at the practical effect on M&A of recent legal and regulatory developments. In addition, we examine a little-discussed topic, but one that may become increasingly important to target company directors: the role of D&O insurance in takeovers.
Geoff Hoffman casts a critical eye over the Takeovers Panel's new position on derivatives, and notes that it leaves derivatives holders with some potentially difficult choices.
Mark Waller and Darryl McDonough discuss the practical importance of D&O insurance to target company directors, and highlight some precautionary steps that directors can take to maintain their cover during and after a takeover bid (we're also running a workshop on this).
By Geoff Hoffman.
By Darryl McDonough and Mark Waller.
