M & A Due Diligence
The trust we develop during insurance recovery efforts frequently leads to being hired for strategic projects.
We have been retained to advise corporations on due diligence projects related to the possible purchase and sale of companies with long-tail asbestos, environmental and mass tort liabilities as well as other material risks, such as E&O and other financial and professional services liabilities. We have the experience and ability to understand and underwrite the target company’s potential liabilities, as well as to assess the nature and extent of the target company’s historical insurance assets that may cover those liabilities.
We have both green-lighted and recommended against potential acquisitions for major corporate clients. We have been entrusted with “go / no go” powers by a large publicly traded company on important strategic purchases. In one matter we identified certain issues that prompted our client to pass on the acquisition, despite the fact it was a perfect strategic fit.
We have advised many companies seeking counsel with respect to options available to them in regards to reorganization of their corporate structure and its impact on their long-tail and other liabilities, as well our clients’ ability to access their historical insurance. Given our clients’ prominence and the sensitive nature of the issues on which we provide counsel, we strive to be discrete and keep our efforts low-profile.
- Steve Hoke Law360 Expert Analysis: “Tackling Long-Tail Liability Risk: A Defendant’s Toolkit”
- Hoke LLC Established Connecticut Insurance Allocation Law in Vanderbilt Talc/Asbestos Coverage Action
- Steve Hoke Speaks on “Chronic Legacy Liabilities” at Perrin Insurance Coverage and Allocation Conference
- Hoke LLC Represents Clients Pursuing Legacy Liability Dissolution and Revival of Dissolved Asbestos Defendants
- Charlie Philbrick Obtains $1.5M Summary Judgment
- Hoke LLC Prevails in Actual Cash Value Dispute Class Action
- Rob Muriel Appointed to United Policyholders Board of Directors
- Amalia Rioja Confirmed as Chair of the Ethics Commission of the State of Illinois
- Conduct RFP and Implement Web-Based System for 60,000 Insurance Claims
- Hoke LLC in the Media: Law 360, Business Insurance, Bloomberg, JD Supra
“While at (former client), I had the opportunity to work with Steve on several mass tort management projects. Services included: acquisition due diligence (including valuation impact models), strategic utilization of insurance assets, defense counsel service strategy and claim presentation / recovery processes.”