Mayer Brown represents Pacific Life Insurance Co. on acquisition of term life new business platform from Genworth Financial
27 June 2016
Mayer Brown represented Pacific Life Insurance Company on its acquisition of the term life new business platform from Genworth Financial. The best-in-class technology and term-focused operational capabilities involved in this transaction will allow Pacific Life to offer a separate product suite that offers low-cost life insurance protection products to the mass market. The new term life business will be located in Lynchburg, Virginia.
The Mayer Brown team was led by Corporate & Securities partner David Alberts and counsel Joseph Castelluccio (both New York), and included lawyers from the firm’s Business & Technology Sourcing, Corporate & Securities, Employment & Benefits, Intellectual Property, Litigation & Dispute Resolution, Real Estate and Tax Transactions & Consulting practices. The team also represents lawyers from Mayer Brown’s New York and Chicago offices.