Participants will gain an understanding of the principal points for negotiation in the core documentation required for the successful execution of corporate finance deals.
The course focuses, from a practical point of view, on the content and terminology of specific documents and their intended consequences.
Particular problem areas are highlighted so that corporate financiers will achieve an appreciation of the objectives that their lawyers should be seeking to achieve on their behalf.
Such knowledge should enable commercial negotiations to proceed more smoothly and potential ‘deal breakers’ to be identified at an early stage. Problems can then be resolved informally as they arise rather than in marathon negotiating sessions where the positions of the parties may have become entrenched.
Participants will receive a booklet containing copies of 15 slides, 54 pages of very comprehensive notes and 61 pages of extracts from specimen corporate finance agreements. Each slide will cover a number of related topics and the accompanying notes will support the content of the course to be delivered by the trainer.
During the course of the day, participants will undertake one or two exercises (problems) in groups of two or three (depending on the size of the class) which will involve considering what advice should be given to a client in particular circumstances. Participants will discuss the exercise with each other and then with the trainer and will receive a written answer to the problem.
You advise on the drafting of a shareholders’ agreement for a new nanotechnology company with eight shareholders. You consider what blocking percentage of votes would be appropriate and suggest how else the interests of the minority shareholders might be protected so that the business is managed along the lines initially agreed between the parties.