Reuters Cites Mitchell Raab on Protecting Clients from Big Losses in M&A Transactions

Olshan Partner Mitchell Raab was highlighted in a Reuters article about protecting clients involved in bank mergers from big losses in the wake of the JPMorgan Chase settlement over its mortgage practices. Among the approaches discussed, which include the expansion of the scope of loss-sharing agreements with the FDIC to cover potential regulatory action, Raab points out that acquiring parties could also utilize negotiated purchase agreement provisions that effectively create a reduction in the deal price if a takeover does not work out as planned.