Synopses & Reviews
Written for lawyers at all levels of mathematical skill, this book covers the use of numbers, formulas and ratios in securities offerings, mergers and acquisitions, debt financing, venture capital, private equity, and intellectual property. The Lawyers Guide to Formulas in Deal Documents and SEC Filings provides valuable drafting advice and shows you common mistakes that can dramatically affect how much your client receives or has to pay. The authors look closely at both the typical uses of formulas in deal documents and SEC filings and their application in less common contexts. Coverage includes: anti-dilution provisions (with an Anti-Dilution Glossary” that simplifies even complex dilution calculations); working capital; liquidation preferences; debt financing formulas, ratios and metrics to monitor risk; earnouts; carried interest, with sample allocation, distribution and clawback provisions; and IP royalties. Whether you are honing your expertise or simply trying to overcome numbers angst, this unique guide is your secret weapon. It will help you make sense of mathematical equations in situations ranging from the mundane to the esotericand use them to your advantage.
Review
Straightforward explanations and illustrations of the often-intimidating mathematical formulas found in transactional- and securities related documents.... A very worthwhile guide.” Legal Information Alert
Synopsis
The Lawyers Guide to Formulas in Deal Documents and SEC Filings provides valuable drafting advice and shows you common mistakes that can drastically affect how much your client receives or has to pay.
About the Author
Carla Garrett (Author of Chapter 1, "Securities Law Formulas" and Chapter 5, "Earnouts in Mergers and Acquisitions") is an independent legal consultant who serves on the NASDAQ Stock Market, Inc. Listing Qualifications Hearing Panel. She is the former General Counsel and Corporate Secretary for CoStar Group, Inc., a public company that provides commercial real estate information to a national and international client base. She joined CoStar as the first attorney in 1999 and established the legal department. She spent a majority of her time on securities law and corporate governance issues, intellectual property matters, and acquisitions. Prior to joining CoStar, Ms. Garrett practiced in the Washington, D.C. office of Sullivan and Cromwell, where she was a corporate and securities attorney. Ms. Garrett also practiced at Wilson Sonsini Goodrich and Rosati in Palo Alto, California, where she practiced corporate law and advised technology companies. Ms. Garrett received a B.A. in mathematics from Vanderbilt University and her J.D. from Stanford University.Hayden Trubitt (Author of Chapter 3, Antidilution Adjustments ) is a shareholder in the San Diego office of Stradling Yocca Carlson and Rauth. Previously he was a shareholder with Heller Ehrman LLP and a partner with Brobeck, Phleger and Harrison LLP. One of the leading corporate and securities lawyers in San Diego, California, he received his J.D., magna cum laude, in 1979 from Harvard Law School (where he was a Senior Editor of the Harvard Law Review), and his B.A., magna cum laude, in 1975 from Yale. Mr. Trubitt was President of the San Diego County Bar Association in 1996.