Advising clients and drafting: Share Sale and Purchase Agreements

Price

€130 + VAT

Total Hours

6

Course Description

This course looks at the drafting of share sale and purchase agreements (SPAs) and related transactional documents from the point of view of both parties. It will enhance your understanding of the overall transaction structure, the purpose of the key provisions of the SPA and the effect that amendments can have.


The course also encourages you to develop your drafting skills in context, to enable you to confidently produce more effective and robust agreements for your clients. 


What will you learn: 


  •  Learn the purpose of the key provisions of the SPA and related transaction documents and the effect that amendments can have on your client’s position 

  • Appreciate the function of Warranties and Indemnities and gain an understanding of the differing approaches of the seller and buyer in negotiating the terms of the warranties in the acquisition agreement 

  •  Improve your delivery of commercially relevant and client-focused advice 

  • Increase confidence in your overall ability to draft effective acquisition-related agreements on behalf of your clients

Course Accreditation

The course is accredited and funded by the HRDA.
The course is also accredited by the Cyprus Bar Association for 6 CPD points

Funding Available

€232 + VAT full price. If you are eligible for HRDA funding: €102 funded and your employer only pays €130 + VAT on the full amount

Start Date

To be Announced

End Date

To be Announced

Dates and Times

To be Announced

Course Content

UNIT 1 – Structure of a Sale & Purchase Agreement 


  • Letters of Intent & Heads of Agreement 

  • agreements leading up to the SPA

  • Definitions

  •  Exchange & Completion 

  • Boilerplate Clauses 

  • Schedules 

  • Comfort Letters & Side Letters 

  • Sample precedents, discussion & quiz 


UNIT 2 – Representations, Warranties & Indemnities 


  • Drafting Objectives 

  • Purpose of Warranties 

  • Warranties given by the Seller 

  • Warranties given by the Buyer 

  • Indemnities given by the Seller 

  • Sample precedents,

  • discussion & quiz 


UNIT 3 – Completion Meetings 


  • Management of the Meeting 

  • Solicitors’ Undertakings 

  • Timing problems 

  • Completion in Escrow 

  • Sample precedents, discussion & quiz 


UNIT 4 – Warranties, Disclosure, Completion Accounts 


  • Who should give Warranties? 

  • Dual-purpose of Warranties 

  • What is Disclosure? 

  • Effect of the Warranties 

  • Completion Accounts (comparison, mechanisms, limiting areas of potential dispute etc.) 

  •  Sample precedents, discussion & quiz


SPECIMENS PROVIDED 


  • SPA specimen

  • Resolutions approving SPA

  • Disclosure letter

  • Heads of Terms

  • Due Dilligence checklist

  • Memorandum of Understanding

Language of Instruction

English

Course Methodology

Live distance learning via Zoom. This method enables the instructor to continuously assess the receptivity of the trainees and to be constantly updated accordingly. During the training, appropriate techniques will be developed and assist the subject of training. Regular discussion and participation are the main pillar of the training techniques in this program.

Trainer

Georgia Onoufriou, LLB, MSc, ADVOCATE

Admission Requirements

You must be a trainee lawyer, a registered lawyer, a corporate administrator, a paralegal or working in a relevant profession

Discounts/Offers Applicable

- 30% discount on all courses for Civil Servants
- 50% discount for members of the Cyprus Police Force and Army
- 40% discount for trainee lawyers and law students
- 40% discount for private sector employees who do not qualify for funding with the HRDA.

Who is the course aimed at

Trainee Lawyers, Registered Lawyers, Corporate Administrators, Paralegals, other Professionals

Certificate Awarded

A Training Certificate will be awarded to those participants who will successfully complete the training.
The Training Certificate, at the bottom, will state: "The program was approved by the Human Resources Development Authority".
The CPD points awarded will also be included on the certificate.

Application Procedure