Cooley (UK) LLP

This Practice Note considers inspections of records in the context of reinsurance. It considers the scope of a reinsurer's rights of inspection and the purposes for which inspections are undertaken. It also considers questions of privilege and risks, such as waiving defences by exercising contractual inspection rights. This Practice Note also provides practical guidance in relation to inspections, from the perspectives of both cedant and reinsurer.

This Practice Note is about the practical issues that a tax lawyer should consider when advising on an M&A transaction in respect of which one of the parties will be taking out either warranty and indemnity (W&I) insurance, or tax risk insurance. This Practice Note was produced in partnership with Natasha Kaye of Cooley LLP.