The greatest risks in a transaction don't always appear at the beginning. They often emerge when everyone believes the hard work is done. After months of negotiation, due diligence, and drafting, fatigue and urgency can begin to influence decision-making in subtle but meaningful ways.

In this edition of C&G Insights, Daniel Mathias explores the phenomenon he calls "deal fever" and explains why the final stretch of a transaction often demands the greatest discipline.

Drawing on decades of experience advising on complex cross-border M&A and private equity transactions, Daniel identifies three common late-stage traps and offers practical observations on how experienced deal teams recognize and manage them before they become costly mistakes.