Caroline Jaffer
Counsel at Skadden, Arps in the Financial Institutions Group; insurance and reinsurance specialist with prior experience as lead regulator at Bank of England's PRA.
1
APPEARANCES
1
PODCASTS
Jun 23, 2026
Rob ChaplinHOST
Caroline, can you give us an overview of the underlying principle for and some of the key forms of vendor considerations, please?
Caroline JafferGUEST
And this is one of the reasons why sellers will give buyers restrictive covenants in the transaction documents.
Caroline JafferGUEST
And restrictive covenants, they are contractual provisions that restrict what a seller can do after sale.
Caroline JafferGUEST
So as you've also mentioned, one of the reasons is to protect the goodwill in the business being sold and stop the seller from competing with the target for a defined period.
Caroline JafferGUEST
So in terms of the categories of restriction, there are four that we can talk about.
10 MINS LATER