Practical Law Company to Host Free Webinar Analyzing Remedies in Leveraged Public Deals From 2012

NEW YORK, NY--(Marketwired - Apr 9, 2013) - A key issue for negotiation in any debt-financed M&A deal is the target company's contractual remedies for a buyer's failure to close the transaction. PLC What's Market helps dealmakers negotiate a remedy package by tracking and summarizing publicly filed merger agreements in real time to keep deal lawyers informed of developments in termination, enforcement and remedy provisions seen in public deals. With another year of deal activity complete, Practical Law Company (PLC), a provider of practical legal know-how to law firms, law departments and law schools, will sum up these trends during a free 45-minute webinar, "Reverse Break-up Fees and Specific Performance: Analyzing Remedies in Leveraged Public Deals from 2012," on April 25, 2013 at 1:00PM ET/10:00AM PT.

During the webinar, Daniel Rubin, Editor, PLC Corporate & Securities, will discuss how dealmakers are using reverse break-up fees, specific performance, damages remedies and financing covenants to tailor an approach to financing risk. A short Q&A session will follow.

This webinar highlights findings from the 2013 edition of PLC What's Market's annual study, "Reverse Break-up Fees and Specific Performance: A Survey of Remedies in Leveraged Public Deals." This comprehensive study examined the reverse break-up fees, specific performance and other risk-allocation provisions in 68 public company merger agreements for debt-financed deals from 2012 with a signing value of at least $100 million. During the webinar, a link will be distributed for participants to obtain a complimentary copy of the study.

"We are excited to present this annual program," said Rubin. "The remedies study has become a vital tool for M&A lawyers negotiating leveraged deals and the webinar is an excellent introduction to the study's coverage of how dealmakers allocate financing risk between buyers and sellers."

Register for the free PLC webinar: http://bit.ly/16t8XCv

Formed in the UK in 1990 and in the US in 2009, Practical Law Company provides practical legal know-how to law firms, law departments and law schools. Through a team of more than 100 expert attorney editors, PLC provides practical, up-to-date resources across all major practice areas to help lawyers get up to speed quickly, save time and protect the bottom line. Learn more at www.practicallaw.com.