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Fox & Mandal Represents TruDoc The Fox & Mandal team representing TruDoc in this transaction was led by Partner & Head of Corporate Practice, Akshat Pande and included Associates, Sadhak Sharma, Anuja Khandelwal and Avneesh Bahuguna Read More: https://lnkd.in/grvivVGx Annurag Batra Ashima Ohri BW Businessworld exchange4media #BWLegalWorld #Acquisition #privateequity #legaladvice #LegalNews #lawyersoflinkedin #LawFirm

Unlocking the Legal Foundations of IPOs with Vishal Yaduvanshi at Envision. Navigating an Initial Public Offering demands not just financial expertise but also strict legal compliance. In his enlightening session at Envision, our esteemed panelist Vishal Yaduvanshi illuminated how robust legal strategies enhance a company's market standing in the long run. Are you aiming to take your company public? Gain essential insights from industry leaders like Vishal and pave your way towards a successful listing. #IPO #Throwback #Envision #SustainabilityMeetsSuccession

DAY 6: 🔐 Understanding the Lock-In Period in Shareholders Agreements 🔐 Hello, LinkedIn community! Today, let's shed light on a significant aspect of shareholders agreements: The Lock-In Period. A Lock-In Period is a provision that restricts shareholders from selling or transferring their shares for a specified period after an event, such as an initial public offering (IPO) or a significant investment round. Here's why it matters: ✔ Stability and Commitment: Lock-in periods encourage long-term commitment from shareholders, ensuring they stay invested in the company's growth and success. ✔ Value Protection: By preventing shareholders from selling their shares immediately after a value-creating event, such as an IPO, the Lock-In Period helps maintain the company's valuation and prevents a sudden influx of shares into the market. ✔ Alignment of Interests: Shareholders and investors often have common goals during strategic events. Lock-in periods ensure that everyone remains focused on achieving these goals without distractions or premature exits. ✔ Investor Confidence: Investors, especially those participating in funding rounds, are reassured by Lock-In Periods as they demonstrate the commitment of existing shareholders and reduce the risk of sudden sell-offs that could negatively impact the company. While Lock-In Periods provide stability and alignment, they should be carefully crafted to balance the interests of shareholders and investors, taking into account factors like market conditions and the company's growth trajectory. Have you encountered Lock-In Periods in your agreements? What are your thoughts on their effectiveness in promoting stability and value protection? With this, I bring the series on shareholders agreements to a close and want to express my heartfelt gratitude to each one of you who joined me on this journey. We've delved into critical clauses like Pre-emptive rights, Waterfall distribution, Tag along-drag along, ROFR, Dispute Resolution, and Lock-in periods. Your engagement, insights, and feedback have made this exploration incredibly enriching. Thank you for sharing your experiences and asking insightful questions. Stay tuned for more insights and discussions on legal frameworks and best practices in the tech and fintech industries!Vrinda S. Priyanka Sinnarkar #ShareholdersAgreement #LockInPeriod #CorporateGovernance #LegalInsights #InHouseLawyer #TechLaw #Fintech #Ecommerce

Follows on from Nelson's, another recent PE acquisition. The legal sector is definitely on PE firm's radar's at the moment. Would be interesting to see the firm structure in terms of specialisms, Partner/Associate breakdown, PQE etc. PE firms invest for growth. I would have thought firms with potential to improve retention rates and scale would be vital characteristics. Would also be interesting to see a list of all firms with PE investors currently.

Granted, I don't make a great photo, but enjoyed the interaction and discussion with my colleagues and to share some of my experiences to assist others. Also great to test my strong theory that Chapter 11 re-compliance transactions could be replaced with a simple shareholder approval, with a two pronged voting threshold along the same lines as a scheme (subject to the new business passing ASX suitability). A detailed notice of meeting, a two-pronged voting threshold (75% of all shares and 50% of all shareholders voting), and a short form prospectus much easier and quicker than the cumbersome re-compliance process.

Kirkland & Ellis is advising TPG on its acquisition, alongside CDPQ, of Aareon, a European provider of Software-as-a-Service (SaaS) solutions for the property industry. The financial terms of the acquisition are based on an enterprise value for Aareon of approximately €3.9 billion. Closing is expected to take place in the second half of 2024, subject to customary closing conditions and approvals. The Kirkland team was led by corporate partners Adrian Maguire (PICTURED), Vincent Bergin, Dr. Philip Goj, Dr. Sebastian Häfele, Andrew McAlpine and Jessica Corr; debt finance partners Dan Borg, Leon Daoud, Fabrice Hipp and Natasha Smith; tax partners Dr Michael H. Ehret, Frixos Hatjantonas and Mavnick Nerwal; technology and IP transactions partner Jacqueline Clover; antitrust & competition partners Matthew Sinclair-Thomson and Shahrzad Sadjadi; and financial services regulatory partners Julia Dixon and Emma Reid. Read the article >> https://lnkd.in/d73usXZV #Legalcommunitygermany #acquisition

A Shareholders Agreement is not a static document. It should be regularly reviewed to ensure its continued relevance and effectiveness…… The review should consider changes in the company's circumstances. This could include changes in the company's ownership structure, strategic direction or financial situation. On our website we take a look at seven common reasons that should prompt a shareholders agreement review. https://lnkd.in/ebB6EUQj #shareholdersagreement #jpplaw #commerciallaw #UKstartup #UKscaleup #legaldocuments

Public finance attorney Daniel Opperman and his arrival to the firm were featured in Law360 Pulse. In an interview with the publication, Dan shared the reasons he chose Sherman & Howard to continue his practice, his experience and work at the New Mexico Finance Authority, and the benefits of the upcoming merger with Taft as the firm looks to grow in the New Mexico market. Read more: https://ow.ly/JqMW50UbeCt #ALawFirmShapingTheFuture #Law360 #publicfinance #newmexico #greatpeople

Interesting read on the state of SPACs. 🔹 In 2021= Some 610 companies used SPACs to go public, and SPACs comprised nearly half of all #ipos that year. 🔹 In 2022 = Only 86 SPACs took companies public. 🔹 By 2023 = Only 31 SPACs took companies public (around 15% of all IPOs). Now, in January 2024, the #sec implemented regulations that brought SPACs more closely in line with traditional IPOs. 🎆 Key takeaway: these regs make completing a de-SPAC transaction more challenging and more risky, but for some companies SPACs will still make sense. 💡 📣 Regardless of your #ipo path (direct listing, SPAC, or traditional) Workiva eliminates the inefficiencies of the traditional printer with cloud-based technology, expert guidance, and 24/7 support that streamlines and de-risks the deal process. 💥 👉 https://lnkd.in/eyWZ9yJP #ipos #spacs #despacs #capitalmarkets #workiva #secreporting https://lnkd.in/eB2MMqyX

Private equity firm snaps up Slater Heelis in a major acquisition. This move is making waves in the legal world, and we can't wait to see what the future holds for this new partnership. Check out the full article to get all the details: https://hubs.la/Q02wDN-h0 What do you think about this acquisition? #LegalNews #PrivateEquity #Acquisition #SlaterHeelis #LawFirm #Engagemen