In this interactive workshop, associates analyze contract provisions from asset purchase agreements, indemnity agreements, and credit agreements. The focus is on contract analysis and learning the importance of paying attention to the subtleties of a provision. Exercises include the comparison of provisions from two indemnity agreements, the analysis of a purchase price provision from an acquisition agreement, and the parsing of a complex coverage ratio. In addition, participants review several boilerplate provisions and learn how to avoid the common drafting traps that these provisions present.
This program is appropriate for mid-level associates who have prior experience with the contracts that are the subject of the workshop.