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Jul 4, 2024 | 
today.westlaw.com | Louis Lehot |Eric Chow
(July 05, 2024) - Louis Lehot and Eric Chow of Foley & Lardner discuss issues surrounding representations and warranties insurance, which plays a critical role in merger transactions. Over the past decade, we have watched Representations & Warranties (RWI) insurance policies play an increasingly critical role in mergers & acquisitions (M&A), whether the buyer is a financial sponsor or a large public company, and everything in between.
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May 12, 2024 | 
mondaq.com | Louis Lehot |Eric Chow
In a time when exit strategies have pivoted, and options might
be more limited, it is no surprise that secondary buyouts have
rebounded. According to recent coverage from PitchBook, secondary buyouts are making up a
larger share of private equity exits as firms look to speed up
sales of portfolio companies.
In a secondary buyout (SBO), a private equity firm sells a
portfolio company to another private equity firm.
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May 8, 2024 | 
opalesque.com | Eric Chow |Louis Lehot |Matthias Knab
By:Eric Chow, Louis Lehot - Foley & Lardner LLPIn a time when exit strategies have pivoted, and options might be more limited, it is no surprise that secondary buyouts have rebounded. According to recent coverage from PitchBook, secondary buyouts are making up a larger share of private equity exits as firms look to speed up sales of portfolio companies. What the data indicatesIn a secondary buyout (SBO), a private equity firm sells a portfolio company to another private equity firm.
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May 8, 2024 | 
jdsupra.com | Eric Chow |Louis Lehot
In a time when exit strategies have pivoted, and options might be more limited, it is no surprise that secondary buyouts have rebounded. According to recent coverage from PitchBook, secondary buyouts are making up a larger share of private equity exits as firms look to speed up sales of portfolio companies. In a secondary buyout (SBO), a private equity firm sells a portfolio company to another private equity firm.
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Apr 22, 2024 | 
mondaq.com | Nicholas O'Keefe |Philip C. Babler |Eric Chow |Robin Zhang
Rejecting the argument in a motion to dismiss that a
covenant not to sue for breach of fiduciary duties in a stockholder
agreement that applied to drag-along transactions was facially
invalid, the Delaware Court of Chancery held that such covenants
can be legitimate forms of "fiduciary tailoring" and
provided fact-specific test for determining their
validity.
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Apr 3, 2024 | 
lexblog.com | Louis Lehot |Eric Chow
Authors: Louis Lehot and Eric ChowThe due diligence stage of an acquisition process serves multiple purposes, from business discovery to risk mitigation, also informing valuation, synergy identification, ensuring compliance, and supporting strategic decision making throughout the transaction. But there are sometimes hidden issues that even thorough due diligence might not uncover. There are numerous concerns that can come to light after the transaction is complete.
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Mar 26, 2024 | 
today.westlaw.com | Louis Lehot |Eric Chow
(March 27, 2024) - Foley & Lardner attorneys Louis Lehot and Eric Chow provide an overview of hidden issues sometimes discovered during the due diligence stage of the acquisition process. The due diligence stage of an acquisition process serves multiple purposes, from business discovery to risk mitigation, also informing valuation, synergy identification, ensuring compliance, and supporting strategic decision making throughout the transaction.
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Mar 6, 2024 | 
jdsupra.com | Eric Chow
In today’s global economy, cross-border transactions have become increasingly common, offering opportunities for businesses to expand their reach and diversify their portfolios. For Chinese companies looking to invest in US entities, navigating the legal landscape can be a complex endeavor that can present numerous challenges. Foley partner Eric Chow sheds light on the key legal aspects and strategies for Chinese investors engaging in cross-border transactions with US companies.
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Feb 8, 2024 | 
mondaq.com | Louis Lehot |Eric Chow
There seems to be a much more positive outlook when discussing
the potential for M&A activity in 2024, and that includes the
potential for deals across the pond. Bloomberg recently highlighted a survey
conducted by Deutsche Numis, showing that British companies and
institutional investors feel acquisitions will pick up this year. The survey showed that 88% of UK corporates have a positive outlook
for M&A activity in 2024, and they're predicting larger
transactions.
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Feb 2, 2024 | 
jdsupra.com | Eric Chow |Louis Lehot
There seems to be a much more positive outlook when discussing the potential for M&A activity in 2024, and that includes the potential for deals across the pond. Bloomberg recently highlighted a survey conducted by Deutsche Numis, showing that British companies and institutional investors feel acquisitions will pick up this year. The survey showed that 88% of UK corporates have a positive outlook for M&A activity in 2024, and they’re predicting larger transactions.
