With all the current doom and gloom in SPACland, a ray of sunshine from an unlikely corner—D&O insurance carriers—is making our day a lot brighter.

For over two years, we have been making the case that representations and warranties insurance (RWI) would reduce the risk of busted deals, egregious flops, and consequent costly litigation for SPACs. Advocating for our SPAC clients, we have also argued that directors and officers (D&O) insurers should consider that risk reduction and offer pricing breaks on the high cost of SPAC D&O insurance. READ MORE