Deal Resolutions for the New Year

Are you making deal resolutions for the New Year? In this episode of Deal Us In, we welcome back McGuireWoods partners Jodie Herrmann Lawson and Susan Rodriguez to share their deal resolutions for 2023 with host Kelsey Hitchcock. Kelsey, Jodie and Susan explore what people should be thinking through as they approach deals this year. This includes more upfront scrutiny of I9s, when to consider indemnification provisions, and what you should do if your seller has an ongoing audit. Before you walk into a deal this year, it’s important to understand what you should be prepared for, including how to navigate due diligence and any issues that may arise from it.  Both Jodie and Susan agree that there's no substitute for good counsel that you trust. Having a trusted advisor in your corner who can look at potential roadblocks in advance may help you avoid a phone call to the litigator. 💡 Featured Guest 💡Name: Jodie Herrmann LawsonWhat she does: Jodie is a high-stakes litigator who represents clients in federal and state court and arbitrations. She defends Fortune 100 companies and other businesses in cases involving torts, contract disputes, property disputes, class actions, and fiduciary, energy, and financial services litigation.Company: McGuireWoodsWhere to find Jodie: LinkedIn Name: Susan RodriguezWhat she does: Susan, co-leader of the firm’s financial institutions industry team, primarily focuses on government investigations and complex civil litigation. She has defended clients in numerous government enforcement actions by the Department of Homeland Security, Department of Justice, Consumer Financial Protection Bureau (CFPB), and the Federal Trade Commission (FTC), among othersCompany: McGuireWoods               Where to find Susan: LinkedIn 🗝️ Key Points 🗝️Top takeaways from this episode Make I9s part of standard due diligence. Instead of adding a review of I9s to the back of a deal, it is now common to make auditing the paperwork part of upfront diligence. Don’t let I9 issues kill a deal. In the event that you discover a serious non-compliance issue with I9s, such as government penalties, you can consider indemnification provisions to protect the deal. Approach with caution if an audit is underway. It’s not uncommon to encounter a company still undergoing an audit, especially as the pandemic caused some audits to drag across several years. 🎙️ About Deal Us In 🎙️✔️ Thank you for joining us at the table for this episode of Deal Us In. We invite you to join the conversation by using our #Dealusinpodcast on Twitter or LinkedIn. ✔️ Don’t miss another episode! Subscribe in your preferred podcast app.✔️ If you have a recommendation for an inspiring interviewee, a question you'd like us to ask, or a topic you would like to hear covered, or if you'd like to tell us about women-focused initiatives in the field, please email us at [email protected]. We look forward to hearing from you.This podcast was recorded and is being made available by McGuireWoods for informational purposes only. By accessing this podcast, you acknowledge that McGuireWoods makes no warranty, guarantee or representation as to the accuracy or sufficiency of the information featured in the podcast. The views, information or opinions expressed during this podcast series are solely those of the individuals involved and do not necessarily reflect those of McGuireWoods. This podcast should not be used as a substitute for competent legal advice from a licensed professional attorney in your state and should not be construed as an offer to make or consider any investment or course of action.