Executives at private firms involved in acquisition deals needjust as much insurance coverage against possible litigation asmanagement at public firms, experts counseled yesterday at a Webseminar.
Speakers at the event hosted by Chicago-based insurance brokerAon Corp. discussed this and other topics for executives toconsider as they push forward with mergers and acquisitions.
Carl E. Metzger, a partner in the law firm Goodwin Procter,noted that in this increasingly litigious society, the need for aprivately held business to protect its officers is just asimportant as it is for stock corporations.
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