16Nov
Data issues when acquiring assets from an insolvent vendor
Recent M&A deals the teams have worked on involving insolvent corporates have highlighted the challenges which exist around the transfer of customer lists and databases, which are often a significant asset for the buyer. Transactions involving insolvent corporates are typically structured as business and asset sales, rather than share transfers; as such there will always be a change to the “controller” of any personal data contained in customer lists; this in turn engages the requirements of...
By:
Bryan Cave Leighton Paisner
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