From a SPAC’s IPO through to its initial business combination with a target company and beyond, there are certain D&O insurance considerations that may not be top of mind for a SPAC management team. However, budgeting for and structuring D&O insurance plans is an essential part of attracting independent directors to a SPAC’s board and protecting the newly public company and its directors and officers post de-SPAC. Yelena Dunaevsky and Dan Berry of Woodruff Sawyer address the main components of SPAC-related D&O insurance plans, pricing, structuring and other considerations in Woodruff Sawyer’s “Meet the Experts” series.
