June 30, 2023
Deal Lawyers Download Podcast — Survey of CVRs: Key Components and Market Trends
Late last month, John blogged about a recent Sidley memo that reviewed all announced public transactions from January 1, 2018 through April 30, 2023 that included CVRs as part of the consideration and identified the key components of CVRs and trends in their terms. Now, we’ve also uploaded a new podcast featuring the authors of that memo, Sidley partners Sharon Flanagan and Sally Wagner Partin, that covers the following topics:
– Overview of CVRs
– Prevalence of CVRs in recent M&A deals, both generally and in life sciences transactions
– Structural issues to consider and standardization of terms of CVRs
– Litigation risk, accounting considerations and other disadvantages to buyers and sellers when using CVRs
– Expectations for the use of CVRs in the near term
We’re always looking for new podcast content, so if you have something you’d like to talk about, please reach out to me at mervine@ccrcorp.com or John at john@thecorporatecounsel.net.
Programming note: In observance of Independence Day, we will not publish a blog Monday or Tuesday. We will be back on Wednesday.
– Meredith Ervine