As covered in ROI-NJ's March 15, 2023 article, "Riker Danzig closes Crum & Forster acquisition of Partners Managing General Underwriters," the Firm recently represented Crum & Forster in its February 21, 2023 Accident & Health Division’s acquisition of Partners Managing General Underwriters LLC, a medical stop-loss insurance underwriter. Riker Danzig’s Corporate team structured the deal as a forward triangular merger between the target company and a newly formed subsidiary of Crum & Forster’s main operating entity, United States Fire Insurance Co., to best accomplish the parties’ desired tax and other business goals.
Head of the Corporate Group, partner Jason Navarino, and counsel Hannah Greendyk led the deal team, which included associate Arda Mary Setrakian on corporate issues, partner Wendi Opper Uzar on intellectual property issues, Partner Joshua Greenfield on real estate lease issues and partner Adam McInerney on employment and employee benefits matters. Jason and Hannah also advised Crum & Forster on related tax matters.
See ROI-NJ for the article.