Perspective
Feb. 3, 2011
Going for the Money: Insurance Due Diligence in Mergers and Acquisitions
Why companies acquiring or merging with other companies should never ignore the subject of insurance. By Linda Klamm and Walter Schneider of Hanson Bridgett.
Generally, when companies are merging, acquiring or being acquired, the last issue of concern in the transaction is insurance. Ignoring insurance can be very expensive and the issues arising from a failure to pay attention to insurance may persist for years. Here are a few rules to assist businesses in maximizing coverage, avoiding gaps, and learning necessary information not otherwise discernable about the other entity in the ...
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