The Portfolio Company Playbook – Chapter 3: Navigating Risk from Company Employee Claims | Proskauer - The Capital Commitment
To embed, copy and paste the code into your website or blog: Another source of litigation risk for fund sponsors are claims brought by portfolio company employees. Sponsors should be aware of these risks, particularly when the portfolio company is in distress or is considering a sale or other transaction affecting the disposition of shares in the company. We have set forth below just a few examples of litigation that can be brought against the fund, sponsor, and board designees by portfolio company employees, likely triggering at least indemnity considerations (which need to be evaluated ...
Source: jdsupra.com