Outside Publication

Why SPACs Should Consider Captive Insurance, Law360

March 29, 2021

Morgan Lewis partner Jeffrey Raskin and associate Lauren Burke authored an article for Law360 about how captive insurance policies can protect special purpose acquisition companies (SPACs) from lawsuits and scrutiny from shareholders. According to the article, SPACS should offer liability coverage to directors however this is becoming increasingly more challenging to secure. Jeffrey and Lauren discuss the economic benefits of captive insurance,  concluding that “captive insurance could be the solution to fill the insurance gap, including any timing gap.”

Read the full Law360 article >>