Description
The potentially lengthy and complicated mergers and acquisition process involves many factors affecting both buyers and sellers—regulatory consent, proper value of a company, tax issues, due diligence in legal, financial, and business spheres, and much more. In this course, sharing their M&A expertise to clarify these procedures are John McDonald, a member of the corporate and private equity practice groups of the firm Kelley Drye, and Daniel Raglan, a partner at Kelley Drye with extensive experience in M&A and related specialties.
The high-level overview presented by McDonald and Raglan starts with a timeline of the M&A sale process, with steps such as engaging an investment bank, making an offer, weighing various deal structures (asset purchase, stock purchase, or merger structure), and considering the value of a company. They then fill in the picture with a look at purchase price adjustments, incentive equity, reps and warranties, closing conditions, and non-compete and non-solicit covenants. Finally, a discussion of indemnification touches on scope of indemnification, tax indemnity, duration of indemnification, caps on indemnification, use of escrow, and more.
See CLE State Accreditation for credit details.
If you are licensed in New York, this content is appropriate for both newly admitted and experienced New York attorneys. Although, this content is appropriate for all New York attorneys, newly admitted attorneys cannot earn CLE credit for the completion of the course when presented via on-demand.