ARTICLE
24 June 2021

Main Components Of SPAC Insurance

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Mayer Brown

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Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.
From a SPAC's IPO through to its initial business combination with a target company and beyond, there are certain D&O insurance considerations that may not be top of mind for a SPAC management team.
United States Insurance

From a SPAC's IPO through to its initial business combination with a target company and beyond, there are certain D&O insurance considerations that may not be top of mind for a SPAC management team.  However, budgeting for and structuring D&O insurance plans is an essential part of attracting independent directors to a SPAC's board and protecting the newly public company and its directors and officers post de-SPAC.  Yelena Dunaevsky and Dan Berry of Woodruff Sawyer address the main components of SPAC-related D&O insurance plans, pricing, structuring and other considerations in Woodruff Sawyer's "Meet the Experts" series.

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This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

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