Lexpert, which describes itself as “Canada’s leading source of news and information about the business of law”, recently published an interesting article on the current state of private equity in Canada. With commentary from a number of leading mergers and acquisitions lawyers across Canada, as well as the statistics from Allen & Overy LLP’s quarterly international M&A Index, the overall tone was one of cautious optimism.
In a recent Legal Post Article Drew Hasselback prognosticates that representation and warranty (R&W) insurance “may pick up steam in Canada this year”. While R&W insurance has been around for more than 20 years, it has never gained significant traction in the context of M&A transactions in Canada. Is this about to change?