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Daniel Webb and Jean Park Quoted in Law360 on PIPE Deals
Corporate Partner Daniel Webb and Associate Jean Park were quoted in a Law360 article titled, “PIPE Deals Are A Plus During Pandemic But Can Have Pitfalls.” The article explores the recent increase in private investment in public entity (“PIPE”) deals as a tool to provide businesses with much-need capital amid the coronavirus pandemic. Commenting on the uptick in PIPEs, Dan noted “[t]hey are part of the conversation with a lot more regularity than we have typically seen in ordinary market circumstances.”
The article further explains that while PIPEs have become increasingly popular, the deals are not one-size-fits-all as they can call for short turnarounds and require varying structures. "Those structural elements can be quite bespoke negotiations between the company and a particular investor," Jean added.
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