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Media Release

Corporate Transactions – Transactional Liability Insurance

Corporate Transactions – Transactional Liability Insurance

Wednesday 30 October 2013

Corporate Transactions – Transactional Liability Insurance


MEDIA RELEASE: The views expressed in this article are those of the author and not Bailiwick Express, and the text is reproduced exactly as supplied to us

A lunchtime seminar will take place at the Pomme d'Or hotel on 4th November to explain how Transactional Liability insurance has been developed to alleviate many of the pressures surrounding M&A transactions and potential tax liabilities. Suitable for all parties involved in the Mergers and Acquisitions arena. Organised by Vantage in conjunction with Pembroke Underwriting Limited.

A lunchtime seminar will take place at the Pomme d'Or hotel on 4th November to explain how Transactional Liability insurance has been developed to alleviate many of the pressures surrounding M&A transactions and potential tax liabilities. Suitable for all parties involved in the Mergers and Acquisitions arena. Organised by Vantage in conjunction with Pembroke Underwriting Limited.

Tax liability issues frequently arise during the sale process and can block a deal when the seller is not prepared to indemnify the buyer against an unfavourable outcome and the buyer is not prepared to take on any long-term liability.

The seminar will illustrate the various insurance solutions available which can help to facilitate deals, remove obstacles to transactions being completed or unlock funds otherwise reserved against potential liabilities. It will specifically focus on Tax Indemnity Insurance - which can reduce or eliminate a loss arising from the successful challenge by the tax authorities of a taxpayer’s tax treatment of a transaction or investment.  It will also explain how Tax Indemnity insurance can provide a solution to potential tax exposures identified not only during the due diligence process of a deal, but also stand alone policies for identified tax issues. 

The seminar is aimed at anyone who:

  • advises on corporate mergers or acquisitions
  • provides the funding for any merger or acquisition activity
  • has clients looking to acquire, sell or merge their business

Speakers:

  • Simon Roderick, Account Executive, Vantage Limited
  • Robert Brown, Warranty & Indemnity Underwriter, Pembroke Underwriting Limited
  • Dawn Rhoma, Tax Specialist Underwriter, Pembroke Underwriting Limited

For further details about the seminar please contact Sarah Le Page by email (sarah.lepage@vantage.je) or by phone (706500).

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