M&A

M&A

Navigating the complexities of mergers and acquisitions with specialized solutions that prioritize your success,

with Bt International Services

Our team has extensive experience in structuring and placing policies for complex M&A deals, providing coverage for a range of risks

including Representations and Warranties, Tax Liabilities, Legal disputes, and Environmental Liabilities.

We work closely with our clients to create bespoke solutions that minimize risk and protect their investments.

Warranty & Indemnity Insurance

Warranty and indemnity (“W&I”) insurance promotes clean exits for sellers by removing escrows or eliminating contractual indemnities and replacing them with an insurance policy.

 

W&I Insurance policy provides a cover for the  insured against losses arising from breaches of warranties and indemnities that are unknown at the time of inception.

Partnerships for New Products

Bt has the insurance and reinsurance expertise to develop and design new insurance products that requires understanding of the domestic insurance market, reinsurance structures, regulatory issues, relevant legislations, and so forth.

 

Bt so far has been instrumental in introducing new liability products to the domestic market by collaborating with the foreign reinsurers.

Tax Indemnity Insurance

When the tax authority’s interpretation of the insured’s tax status results in a discrepancy in taxation, tax liability insurance provides coverage for the insured.

 

The difference in the amount of taxation is covered by a tax liability  insurance policy.

Contingent Litigation Insurance

Contingent Legal Risk Insurance policy provides a bespoke policy to the specific facts related to the legal risk to be insured.

 

When a specific legal risk is discovered during the due diligence process and the seller is unwilling to offer an indemnity under the share purchase agreement or investment agreement, this policy may be able to provide such coverage.

Privacy Policy

BT INTERNATIONAL SERVICIES (hereinafter referred to as “Company”) establishes and discloses the Personal Information Management Policy(also referred to as “Privacy Policy”) as below to protect the personal information of data subjects and resolve any relevant inquiries or complaints in a swift and smooth manner pursuant to Article 30 of the Personal Information Protection Act.

Article 1. Purposes of Processing of Personal Information

The Company collects and processes minimal information for the following purposes. The personal information that is processed is only used for purposes that are specified below, and the Company is to take necessary measures if the purposes of use are revised, such as obtaining additional consent as per Article 18 of the Personal Information Protection Act.

Processing of customer inquiries : Personal information is processed to identify the inquiring customer, check the information in the inquiry, contact/notify the customer for fact finding, notify the customer of the result, etc.

Handling a report on violation of a law : Personal information is processed to handle a complaint about violation of a law and notify the complainant of the result.

Article 2. Processing of Personal Information and Period of Retention

The Company processes and retains personal information for the period of retention/use of personal information as specified in the Company’s policy or agreed upon by the data subjects when collecting the personal information.

The periods of processing and retention for each purpose are as below.

  • 1.Customer inquiry: retained until one (1) year after the customer inquiry is processed or immediately upon the customer’s request

  • 2.Report on violation of a law: retained until one (1) year after the complaint about violation of a law has been handled or immediately upon the customer’s request

  • 3.For the period of time specified below for the following purpose

    • 1)Retention of the communication confirmation data pursuant to the Protection of Communications Secrets Act

    • – Computer communications, Internet log records and data on tracing a location of connectors: three (3) months

Article 3. Provision of Personal Information to Third Party

The Company processes the personal information of data subjects only for the purposes stipulated in Article 1 (Purposes of Processing of Personal Information), and provides personal information to a third party only when applicable to Article 17 and 18 of the Personal Information Protection Act, such as where the consent is obtained from the data subjects, where special provisions exist, etc.

Article 4. Rights and Obligations of Data Subjects and Legal Representatives and Exercising thereof

Data subjects may exercise their rights, such as access to, revision or deletion of personal information and request for suspension of processing, against the Company at any time.

Data subjects may exercise their rights stipulated in Paragraph 1 by submitting a writing, e-mail, etc. to the Company pursuant to Article 41-1 of the Enforcement Decree of the Personal Information Protection Act, and the Company will take action immediately.

The rights stipulated in Paragraph 1 may also be exercised by the legal representatives of data subjects, those delegated by the data subjects, or other representatives. In such case, a power of attorney shall be submitted in the form of Attachment No. 11 of the Public Notice on Processing of Personal Information (No. 2020-7).

The rights of data subjects to have access to the personal information or request the suspension of processing may be restricted pursuant to Article 35-4 and Article 37-2 of the Personal Information Protection Act.

As for the edit or deletion of personal information, deletion cannot be performed if the piece of personal information is stated as an item to be collected in other laws.

In case of a request to have access to, edit, delete, or suspend the processing of personal information based on the rights of data subjects, the Company identifies if the requester is a data subject or a legitimate representative.

Article 5. Destruction of Personal Information

The Company destroys personal information without delay when the personal information becomes unnecessary owing to the expiry of the retention period, attainment of the purpose of processing, etc.

The procedure and method of destroying personal information are as below.

  • 1.Procedure for destroying : Personal information that has become unnecessary is sorted, and the personal information is destroyed under the responsibility of the personal information protection manager as per the procedure in the internal policy.

  • 2.Method of destroying : The Company destroys electronically recorded or retained personal information in a way that the information is irretrievable. In case the personal information is recorded and retained as a paper document, the Company destroys the document by shredding it with a shredder or burning it.

Article 6. Measures to Ensure Safety of Personal Information

The Company takes the following measures to ensure the safety of personal information.

1.Managerial measures : establishment and implementation of internal management plans, regular employee training, etc.

2.Technical measures : control on the access to the personal information processing system, etc., installation of an access prohibition system, encryption of personally identifiable information and installation of antivirus software

3.Physical measures : prohibition on the access to the computer room, data storage room, etc.

Article 7. Revision of Personal Information Management Policy

This revision of the Personal Information Management Policy takes effect starting February 10, 2023

Scroll to Top