Transaction Simulation: Forming & Financing a Start-Up Business


This course is one of the semester-long transaction simulations offered as part of the School's Transactional Law Program. The simulated transaction is the formation and initial financing of a privately-held company in the software industry. The transaction will expose students to the principal issues in counseling entrepreneurs as to their emerging businesses, including key elements such as entity creation, duties of management and control among owners, equity compensation, intellectual property protection, capital raising through preferred stock financing, and financing-related contracts based on industry-standard models. Through in-class discussions and graded homework assignments, students will simulate the work of practicing attorneys (both junior and senior) who counsel start-ups and their founders on a day-to-day basis. The course grade will be based on three drafting homework assignments, contributions in class, and a group project focused on a self-selected current topic. CLASS SIZE: Limited to 12 students. PREREQUISITE: Corporations. NOTES: This course satisfies the Upper-Class Professional Skills Requirement and counts toward the 6 credit Experiential Learning requirement. The class will also satisfy the Transaction Simulation requirement of the Transactional Practice Concentration. GRADING NOTICE: This course does not offer the CR/NC/H option. ATTENDANCE REQUIREMENT: A student who fails to attend the first class or to obtain permission to be absent from either the instructor or the Registrar, will be administratively dropped from the class. Students who are on the wait list are required to attend the first meeting to be considered for enrollment.
Spring 2018: LAW JD 789 , Jan 17th to Apr 25th 2018
A1Daniel P. WhiteJay Sullivan3Wed6:30 pm - 8:30 pm