Spiking M&A Deal Failures: Predicting Abandoned Acquisitions

Venue

This is a virtual event, accessible online and over phone. Access instructions will be provided after registration.

Description

In 2017, announced cross-border mergers & acquisitions failed at a rate of 7.2%, the highest in almost a decade. The changes in the regulatory environment are one factor, especially in relation to the cancellation of cross-border deals. For instance, antitrust concerns led to the failure of the proposed Aetna/Humana merger in 2017. More than $2.5 trillion in M&A deals were announced in the first half of 2018 alone, demonstrating that attorneys need to understand how to better predict what deals might be abandoned so that they are better prepared for all possible merger outcomes.

Join us for this 60-minute webinar where our panelists will discuss what types of cross-border M&A deals are at risk, early warning signs to look for and strategies for turning around an at-risk deal. Our panelists will also discuss how to use legal technology to predict more efficiently and what the future could hold for the regulatory environment.

Educational Objectives:

● The impact of a changing regulatory environment on failed acquisitions;
● The types of M&A deals most likely to be abandoned;
● Tips for using tech and data solutions to analyze failure likelihood;
● Tactics to help prevent a deal from failing.

Who would benefit most from attending this program?

In-house counsel and outside counsel working with and advising on M&A deals.

This webinar is made possible with the support of the following sponsors:

 

Presenters

John McNally
  • Executive Vice President, Leader
  • Transaction Advisory Practice

John leads JLT Specialty USA's Transaction Advisory Practice (TAP) and team. TAP advises private equity and strategic buyers and sellers on the structuring and placement of representations and warranties, contingent tax, litigation/ known risk, fraudulent conveyance and successor liability insurance solutions in M&A transactions. He is heavily coordinated with his global counterparts who manage transactions risks in and from Europe, Asia and Latin America.

Prior to joining JLT, John spent five years with Beazley Group in London, starting the firm’s mergers and acquisitions group and building it into one of the industry’s leading global books of transaction business, underwriting risks from Asia and Europe to the U.S.  While there, he pioneered the use of quantitative rating models incorporating market frequency and loss data, risk weighting by sector and jurisdiction, and pricing optimization for deal size, limit, and attachment points.

John spent 15 years with American International Underwriters (AIG) in various roles in New York and London including M&A and Transactions, before moving to Beazley.

He has a B.A. in Philosophy from the University of Chicago, and a J.D. from Fordham University School of Law. 

Diane Holt
  • Team Lead – Transactions
  • Bloomberg Law

Diane Holt is the Team Lead - Transactions for Bloomberg Law. Previously, she worked for many years as a corporate lawyer in Europe. She served as international transactional counsel for Enel, SpA, the Italian electric monopoly, in Rome, Italy. She has also worked with a number of Central European regional operations in transition, and she managed Central European Advisory Group, the regional legal and business consultancy in Prague. Ms. Holt is a member of the ABA’s Legal Analytics and M&A Committees. Her volunteer work includes serving as a mediator in the D.C. Superior Court, representing at-risk children in family law disputes with the D.C. Volunteer Lawyers Project and mentoring law students. A graduate of Wesleyan University, she earned her JD at the University of Michigan and speaks Spanish, Italian, French and Czech.

Aimee Imundo
  • Independent Senior Advisor & Strategist

Aimee Imundo is an independent senior advisor and strategist, expert in competition law, compliance and policy from the perspective of multinational businesses.  She currently serves on the ABA Antitrust Section’s International Cartel Task Force and has served in several other leadership positions in the ABA Antitrust Section.  She is on the Advisory Board of the American Antitrust Institute.

From 1997 to 2018 she was with General Electric Company, most recently as Executive Counsel for Competition Law & Policy, based in GE’s corporate offices in Washington, DC.  Her practice at GE included responsibilities for competition law related counseling, transactions, litigation, investigations, training and compliance on a global basis.  Before this role at GE she was Associate General Counsel for Antitrust at GE Capital, the financial services business of GE.  Before joining General Electric, Ms. Imundo was at Arnold & Porter, where she worked primarily on antitrust transactions, investigations, and litigation.

Ms. Imundo has twice been named one of the “100 Women in Antitrust” by Global Competition Review magazine.  She contributed a chapter to the ABA Antitrust Section’s book:  Antitrust Compliance – Perspectives and Resources for Corporate Counselors, and the forthcoming ABA Antitrust Compliance Handbook expected to be published in early 2019.  She is a frequent speaker at antitrust law conferences on international, transactional and compliance-related topics.

In addition to her competition law responsibilities at GE, she was GE’s first pro bono leader for the D.C. region, and in that role she initiated an award-winning pro bono medical-legal partnership.  She also served on GE’s Corporate Pro Bono Committee and GE’s Legal Diversity and Inclusion Council.  Last year she was appointed to the D.C. Circuit Judicial Conference Standing Committee on Pro Bono Legal Services.

Ms. Imundo earned her J.D. magna cum laude from Georgetown University Law Center, where she was Editor-in-Chief of the Georgetown Journal of Legal Ethics, and her B.A., cum laude, from Barnard College.  She is admitted to the bars of the District of Columbia and New York.

Continuing Education

Credits:
1.0 General COA, 1.0 CLE
Practice Areas:
Legal
Prerequisite:
A basic understanding of the M&A regulatory landscape.
Level:
Intermediate
Production Date:
12/12/2018