This course is designed to prepare students for transactional law practice by introducing them to the process of structuring, negotiating, documenting and closing a corporate acquisition transaction.
The course is highly interactive. Students will be assigned to “firms” that represent the parties to a hypothetical M&A transaction. During the term, you will advise your client regarding deal structure, prepare due diligence requests and a due diligence report, draft an acquisition agreement, and negotiate the terms of the deal with counsel for the other party. The negotiation exercises will take place “live” in class and will be videotaped. The professor will provide written feedback on drafting assignments and negotiations to help students refine their deal-making skills.
Topics covered will include:
- Common transaction structures and the factors that affect choice of deal structure
- Strategic and tactical approaches to negotiating an M&A transaction
- Conducting a due diligence review
- How to review contracts and other due diligence documents
- Effective drafting techniques for the transactional lawyer
- Understanding the “business deal” and translating it into contract language
- The role of representations & warranties, covenants, conditions precedent and other provisions found in the typical acquisition agreement
- Preparing for and conducting a closing
|Course Areas of Practice|