WASHINGTON, Sept. 8 – LAWFUEL – The Law News Network — Responding to the increase in government investigations, shareholder scrutiny and the adverse impact of
failed acquisitions, Patton Boggs LLP has announced the formation of a new
specialty area — the Transactional Risk Assessment group. The Transactional
Risk Assessment group is a rapid response team of specialists to provide
cutting-edge and practical advice where government action, litigation
exposure, legislation, complex regulatory requirements or a particular risk
may impact the pricing or viability of the transaction.
“We recognize that the old paradigm of ‘due diligence’ has been replaced
by a highly sensitive environment in which officers, directors, employees,
fiduciaries, insurers, fund managers and investment firms must dig deeper to
protect themselves and their companies’ decisions. Today, even outside
consultants, investment advisers and attorneys are retaining highly
specialized experts to assess the known and unknown risks in their clients’
transactions,” notes Eric Kuwana, a partner at Patton Boggs and chair of the
group.
Utilizing a multidisciplinary approach, the Transactional Risk Assessment
group teams partners from multiple practice areas to address a client’s
specific needs. For example, a team may consist of a top-flight trial
attorney and former federal prosecutor, a former government official who wrote
regulations governing a target company, an experienced corporate partner and a
widely recognized expert in the respective industry. This approach will allow
Patton Boggs to provide cutting-edge advice on the risks associated with a
transaction, and how risks can be resolved, mitigated, priced or insured.
Patton Boggs regularly performs transactional risk assessments in areas
such as Litigation, Export Compliance, Energy and Natural Gas, Product
Liability, FDA, Healthcare and Healthcare Fraud, Environmental, Government
Contracts, and Intellectual Property.
“By drawing on the firm’s unparalleled understanding of, and relationships
with, government regulators, enforcement agencies and Congress, the practice
will enable clients the opportunity to access information not readily
available to others, and provide critical insight along with that
information,” adds Stuart Pape, managing partner of Patton Boggs.
Based in Washington DC, Patton Boggs is a national leader in public
policy, litigation and business law. Known for innovative legal solutions and
bipartisan roots in the national political arena, Patton Boggs connects
business and government. The Firm’s core practice areas are Public Policy and
Regulatory, Litigation, Business and Intellectual Property. With offices in
Northern Virginia, Dallas, Denver, Anchorage, and internationally in Doha,
Qatar, more than 400 lawyers provide comprehensive, practical and cost-
effective legal counsel. http://www.pattonboggs.com.
SOURCE Web Site: http://www.pattonboggs.com
