Learn how the pro rata condition of average affects insurance claims, ensuring your coverage aligns with your asset's value ...

Explore the essentials of pro-rata tranches, their features in syndicated loans, involved risks, and how they influence borrowing and lending strategies.

Lee Edwards, partner at Root VC, has a saying at his firm that “pro rata rights are earned, not given.” That may be a bit of a stretch since pro rata refers to a term that VCs put in their term sheets ...