How Much is That D&O Premium? Eye-Popping D&O Price Increases Confound SPAC Sponsors
By EsqSocial Corporation 21/10/20
As SPACs continue to barrel through 2020 at top speed, SEC has taken notice and we’ve already seen a number of remarks focusing on sufficient disclosure from Chair Clayton and Commissioner Lee. One area that does not seem to be getting full level of disclosure is the pricing of directors and officers (D&O) insurance coverage for the SPAC at its IPO....
By: Mayer Brown Free Writings + Perspectives