The #MeToo movement is changing how M&A deals are written. According to Bloomberg Law legal analyst Grace Burnett, the “#MeToo rep” or “Weinstein clause” is a “provision going viral.” Designed to protect deal parties from liability for C-suite sexual harassment, these clauses are showing up in mergers and acquisitions of every size and across many sectors of the market.
In this episode, Burnett discusses the emergence of #MeToo representations and warranties in M&A deals, shares what she found when she analyzed publicly available M&A agreements, and describes the specific elements that are becoming market standard in the wake of #MeToo.
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Hosts: Bob Combs and Dori Goldstein
Guest(s): Grace Maral Burnett, legal analyst at Bloomberg Law
Producers: RJ Jewell