LAW: 896 Introduction to the Leveraged Buyout
The Leveraged Buy-Out has become a popular vehicle for business acquisitions, especially among private equity firms, management buy-out groups and other "going private" sponsors. This short course will explore the basic principles, structure and execution of this type of transaction and will focus not only on the substantive issues typically encountered (including business organizations, mergers and acquisitions, securities regulation, finance, bankruptcy, tax and accounting), but also on the business and commercial objectives of the parties and the transactional dynamics that are presented. Students will work with documents from an actual LBO transaction to illustrate the relevant points. Prerequisite: Corporations & Business Entities or Corporations; Secured Transactions strongly recommended. Enrollment Limited. [1]
