Sackers’ risk transfer experts reflect on some of the knottier aspects of buy-in and buy-out transactions, including deal preparation, benefit specification due diligence, residual risks and trustee protections. This session will take stock of the latest market experience and is suitable for trustees and other professionals.
Topics to be covered include:
• Pre-transaction benefit specification work – why is the benefit spec so important, how should trustees approach it with their advisers and what implications will different approaches have on a transaction?
• Residual risks and “single premium” transactions – who might be interested in a single premium transaction, what are the pros and cons of “front end loading” the due diligence?
• Trustee protections – what actually are the risks for trustees and what protections are available in practice?