Lawyer Alan Litwack Discusses M&A Cross-Border Deals with Canadian Lawyer

Toronto Lawyer Alan Litwack recently spoke to Canadian Lawyer for the article “Cross-border deals now the norm.”

The article discusses the latest trends in deal making that are slowly making their way from the U.S. to Canada. Developments in M&A including materiality scrapes, representation and warranty insurance and sandbagging provisions are showing up more in Canadian deals due to more open trade borders.

“When I first started practicing, most M&A deals were local,” says Mr. Litwack. “Most M&A was east-west; now, it’s mostly north-south.” Many buyers are large private equity funds, he says, and businesses in Canada have grown to such an extent that there just aren’t the Canadian buyers out there for them.