September 15, 2020
Kelley Drye partner Andrew Pillsbury
was quoted in a Bloomberg Law
article discussing how insurance companies may look to add virus exclusions to future reps and warranties policies.
In the article, “Deal Insurance Policies May be Next Virus Exclusion Frontier,” Pillsbury noted that If insurers do go forward with virus exclusions—or if premiums become too expensive without them—parties in M&A acquisitions can always go back to large escrow accounts and other types of protection that were used before reps and warranties policies became popular.
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