Jeremy I. Levy Discusses Fraud in Private Equity Portfolio Companies
Recently, The Deal's Rhonda Schaffler spoke with Jeremy I. Levy, an attorney in the corporate and securities practice at Pepper Hamilton, about allegations of fraud in private equity portfolio companies. Current law puts the buyer in a good position to allege fraud, while the seller is in a difficult position to dismiss it.
Mr. Levy discusses how agreements can be structured to protect PE firms.
For a more in-depth look at defining fraud on the part of a seller in PE deals, please read "A 'Magic Perspective' on Fraud by Sellers in Private Equity Deals."
Content contributed by attorneys of Troutman Sanders LLP and Pepper Hamilton LLP prior to July 1, 2020, is included here, together with content contributed by attorneys of Troutman Pepper (the combined entity) after the merger date.